VERITAS Credit Union Profile

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VERITAS

Charter #21354 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (615) 786-0452

Fax: (615) 288-5027

Founding Date: N/A

Website: http://www.veritasfcu.org

Personnel & Operations

President: Garcia, Michelle

Manager: Crowl, Teri

FT Employees: 21

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 44

Branches: 2

Hours: Monday-Friday, 7:00 a.m. until 4:00 p.m.

Credit Union Profile Summary

VERITAS is a FCU Credit Union. With a total of 5,037 members [1], this institution manages approximately $56,589,224 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.64% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.48% [1].

Financial Snapshot

Total Assets [1]
$56,589,224

Total economic resources.

Total Loans [1]
$42,393,233

Total value of outstanding loans.

Total Deposits [1]
$51,944,486

Total funds deposited by members.

Members [1]
5,037

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.64%

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]
0.28%

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

Loan-to-Share Ratio [1]
81.61%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 6.44%

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

Loan Growth (4Q) [1]
↑ 3.48%

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

Member Growth (4Q) [1]
↓ -0.51%

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

Headquarters Location & Map

Headquarters Address

685 Ken Pilkerton Dr

Smyrna, TN, 37167-3812
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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 VERITAS (Charter #21354).

Main Office

Smyrna Office Main Office

Type: Corporate Office

685 Ken Pilkerton Dr

Smyrna, TN 37167-3812

Phone: (615) 786-0452

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Canton

Canton Office

Type: Branch Office

276 Nissan Pkwy

Ste A

Canton, MS 39046

Phone: (601) 391-0200

Services: Member Services, ATM

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Franklin

Franklin Office

Type: Branch Office

1 Nissan Way

Franklin, TN 37067

Phone: (877) 344-6328

Services: Member Services, ATM

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