Veridian Credit Union Salem VA | Affordable Auto Loans & Business Banking

Introduction

Welcome to the Virginia Credit Union at our Salem Branch, located at 1436 W Main St, Salem, VA 24153. Established in 1928, we have proudly served our community for over 95 years, building a legacy of trust and commitment to our members. With a total membership of 489,137 and assets amounting to an impressive $6,917,912,589, we are dedicated to helping you achieve your financial goals. At the heart of our operations is a focus on you our valued member. We offer a variety of services including personal banking options such as checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and even business banking solutions. We understand that financial needs vary widely, which is why we tailor our offerings to meet the diverse requirements of our community. Our leadership team, led by CEO Christopher Shockley and Board President Kenneth Ampy, is committed to maintaining a strong foundation for your financial well-being. Together with our 1,108 employees, we ensure that your experience with us is both personal and professional. While you can visit us at the Salem Branch for all your banking needs, please note that official correspondence should be sent to our mailing address at 7500 Boulder View Dr, North Chesterfield, VA 23225-4046. Whether you're looking to open a new account or explore loan options, we're here for you. Feel free to reach out at 540-982-8811 or visit us online at vacu.org for more information. Join us in this journey towards financial success because when you thrive, we all thrive!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we believe in adapting to meet the needs of our members. That's why we've embraced digital advancements like online banking and mobile payments, making it easier for you to manage your finances anytime, anywhere. Our commitment extends to ensuring ADA compliance so that everyone can access our services comfortably. With features like ATM availability and drive-thru banking during convenient hours Monday through Saturday we prioritize accessibility alongside exceptional service.

Join Us Today!

As we continue on this journey of growth and community support, we invite you to join us at Virginia. Experience firsthand the benefits of membership where your voice matters. Together, let's build a brighter future for Salem and beyond. For more information or assistance, feel free to call us at (540) 982-8811 or visit our website at https://www.vacu.org/. Whether you're looking for financial guidance or want to become a member, we're excited to welcome you!

Our Mission

At Virginia, our mission is clear: to empower our members through accessible financial services while fostering community growth. We understand that every member has unique needs; that's why we offer a wide range of services from checking and savings accounts to auto loans and mortgages. Our goal is not only to help you achieve your financial aspirations but also to support initiatives that uplift our local community. As part of this mission, we focus on creating partnerships that enhance the quality of life in Salem. We actively engage in outreach programs and community events, ensuring that we contribute positively beyond just financial transactions.

Branch Location & Accessibility

Contact Us

Have questions or need assistance? Feel free to give us a call at 540-982-8811. Our friendly team is ready to help you navigate your financial journey! We invite you to visit us today and discover how Virginia Credit Union can support you in achieving your financial goals.

Operating Hours

At Virginia Credit Union's Salem Branch, we understand that your time is valuable. Our lobby hours are designed to fit your busy schedule: we're open Monday through Thursday from 9:00 a.m. to 6:00 p.m., and Fridays from 9:00 a.m. to noon. Need to visit on the weekend? Our drive-thru service is available on Saturdays from 9:00 a.m. to 12:00 p.m., providing flexibility for all your banking needs.

Services Offered

We offer a variety of services tailored to meet both personal and business banking needs. From checking and savings accounts to auto loans and mortgage refinancing, our knowledgeable staff is here to assist you every step of the way. Plus, with our convenient ATM access and drive-thru banking options, handling your transactions has never been easier. While members can visit us at 1436 W Main St for all their banking needs, official correspondence should be sent to our mailing address at 7500 Boulder View Dr, North Chesterfield, VA 23225-4046.

Member Eligibility

At Virginia, we believe that everyone deserves a chance to join a community that truly cares. Becoming a member is not just about banking; it's about being part of something special. If you live, work, worship, or attend school in the area, you are likely eligible to join us. We also welcome family members of existing members, making it easy to share the benefits with those you love. Being a part of our credit union means access to personalized service, competitive rates, and a variety of financial products designed to meet your needs. Ready to take the next step? Opening an account at Virginia is simple and straightforward. Just visit us at 1436 W Main St Salem Va 24153, or give us a call at (540) 982-8811 for more information. You can also check out the detailed eligibility criteria on our website at http://www.vacu.org/why-vacu/become-a-member. Join us today and start enjoying all the advantages that come with being a member!

Business Banking & Commercial Services

Merchant Services

But it doesn't stop there. Our merchant services make everyday transactions easier for you and your customers. Whether you're looking to streamline payment processing or manage cash flow effectively, our solutions are crafted to meet your specific needs. Imagine a busy Saturday at your store; with our point-of-sale systems, you can serve customers quickly and efficiently, ensuring they leave happy and ready to return. Located conveniently at 1436 W Main St Salem Va 24153 in Salem, VA, we're here to partner with you every step of the way. Let's grow your business together!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $695 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $857,239,944, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

For small business owners, we offer tailored business banking services, including merchant services and business loans. We know how vital it is for businesses to have the right support, which is why our services are designed to help your enterprise thrive.

Credit Cards and Rewards

Our credit cards with rewards are perfect for those who want to earn while they spend. Whether you're making daily purchases or planning a vacation, our card options provide benefits that fit your lifestyle.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we emphasize our online and mobile banking features. With just a few taps on your phone or clicks on your computer, you can manage your accounts, pay bills, transfer funds, and more all from the comfort of your home or on the go. We also provide ATM and cash withdrawal services for easy access to your funds whenever you need them.

Drive-Thru & ATM Access

For quick transactions, take advantage of our basic drive-thru banking services where you can handle deposits, withdrawals, and other simple transactions without leaving your vehicle. Our ATMs are available for easy cash withdrawals and balance checks whenever it's convenient for you. At Virginia, we aim to simplify your financial life by offering comprehensive services in one place. Our friendly team is ready to assist you in navigating your options so that you can make informed decisions about your finances. If you're ready to explore what we can do for you or if you have any questions about our offerings, don't hesitate to reach out! Call us at (540) 982-8811 or visit us online at Salem Branch. We look forward to serving you!

Personal Banking Solutions

We understand that managing your money is essential for peace of mind. That's why we offer various personal banking options, including checking and savings accounts designed to help you save and manage your finances effectively. If you're considering purchasing a new car, our auto loans and vehicle financing can get you on the road with competitive rates and flexible terms. For those looking to buy a home, our mortgage loans and refinancing services make homeownership accessible and affordable. Additionally, if you find yourself facing unexpected expenses, our personal loans and debt consolidation options can help ease your financial burden.

Digital & Online Banking

Key Features

Our online banking platform allows you to take control of your finances with ease. You can check your account balances, transfer funds, and pay bills without needing to visit a branch. Plus, with our electronic signature authorization feature, signing important documents is quick and hassle-free. Say goodbye to paperwork and hello to efficiency! You can also choose e-statements for a more eco-friendly option that keeps your financial records organized and accessible. No more waiting for mail; get your statements delivered straight to your inbox. For those who prefer mobile banking, our user-friendly mobile application is designed to make banking even easier. With just a few taps on your smartphone, you can make person-to-person transfers or set up mobile payments effortlessly. Whether you're grabbing lunch or splitting the bill with friends, our mobile payments feature helps you manage transactions smoothly.

Security and Accessibility

We prioritize your security and peace of mind while using our digital services. Our online banking system employs advanced security measures to protect your personal information. You can confidently handle your finances knowing that we've got you covered. With all these features combined, Virginia makes it simple for you to stay on top of your finances in real-time. Enjoy the convenience of managing your accounts from anywhere whether you're relaxing at home or out running errands. Discover how easy banking can be with us today!

Financial Strength

At Virginia, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our commitment to maintaining a strong financial foundation, which you can trust to support your financial needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $715,618,876, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.52% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,429,388,412 in share certificates and $1,981,382,719 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $535,373,270 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment extends to our lending capabilities as well; with $69,956 in used auto loans and $5,269,983,304 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is evident through our $7,828,991, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 1,075 full-time employees and 33 part-time employees who are always ready to serve you with a knowledgeable and committed team. In total, we have 724,126 share accounts reflecting a strong and growing member base that trusts us with their finances. Our net shares available for lending and investments stand at $4,372,625, reinforcing our ability to support your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Virginia is your trusted partner. Visit us at 1436 W Main St Salem Va 24153 or call (540) 982-8811 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $1,235,051,782 in used vehicle loans and $799,323,830 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, our team is here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $857,239,944 provide the capital needed to grow and expand. We work closely with local businesses to understand their needs and tailor solutions that support their success. At Virginia, we're committed to transparency and helping you make informed decisions about your finances. For more details on our loan products or to explore refinancing options, don't hesitate to reach out! You can contact us at (540) 982-8811 or visit us at our branch located at 1436 W Main St Salem Va 24153 in Salem, VA. For performance insights and financial data sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $340,711,641, make buying or refinancing simple. We provide clear guidance throughout the process, ensuring you feel confident as you make such an important investment.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $377,328,022 in loans helping members manage their finances effectively. Our credit cards come with rewards and low-interest rates, giving you more value for your everyday spending.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures that users receive fair and transparent offers without hidden fees or misleading information.

VIRGINIA FEDERAL CREDIT UNION - Salem, VA

Type of Loan Offerings

Home Equity Loans

Compare Loan Rates Near You

Loan rates in Salem, VA (24153)