SALEM VA MEDICAL CENTER Credit Union Profile

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SALEM VA MEDICAL CENTER

Charter #1127 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (540) 389-8571

Fax: (540) 389-8578

Founding Date: N/A

Website: https://www.salemvafcu.org

Personnel & Operations

President: Brooks, Robert

Manager: Anderson, Steven

FT Employees: 27

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: Branch: Mon-Fri 8:00 am to 5:00 pm Drive Th

Credit Union Profile Summary

SALEM VA MEDICAL CENTER is a FCU Credit Union. With a total of 7,924 members [1], this institution manages approximately $94,379,484 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.1% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -11.08% [1].

Financial Snapshot

Total Assets [1]
$94,379,484

Total economic resources.

Total Loans [1]
$56,124,682

Total value of outstanding loans.

Total Deposits [1]
$80,662,352

Total funds deposited by members.

Members [1]
7,924

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.1%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.97%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
69.58%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.48%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -11.08%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -4.82%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

112 W Main St

Salem, VA, 24153
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 3 branches reported by SALEM VA MEDICAL CENTER (Charter #1127).

Main Office

Salem Branch Main Office

Type: Corporate Office

112 W Main St

Salem, VA 24153

Phone: (540) 389-8571

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Roanoke

419 Branch

Type: Branch Office

2042 Electric Rd

Roanoke, VA 24018

Phone: (540) 776-1031

Services: Member Services, ATM

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Salem

VA Branch

Type: Branch Office

1970 Roanoke Blvd

Bldg 77, Rm 12

Salem, VA 24153

Phone: (540) 344-4419

Services: Member Services, ATM

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