VELMA Credit Union Profile
Showing details for VELMA Credit Union.
Credit Union Profile for: VELMA
VELMA
Headquarters Contact & Staff
Contact & Info
Phone: (580) 444-3396
Fax: (580) 444-2851
Founding Date: N/A
Personnel & Operations
President: Smith, Jack
Manager: Williams, Heather
FT Employees: 1
PT Employees: 1
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 41
Branches: 1
Hours: Monday-Thursday 8:30-4
Credit Union Profile Summary
VELMA is a FCU Credit Union. With a total of 702 members [1], this institution manages approximately $3,071,694 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.34% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.20% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
N/A / 5.0Total Approved Reviews:
0Rate This Credit Union
No approved reviews yet. Be the first to rate this Credit Union!
Branch Locations
Found 1 branches reported by VELMA (Charter #8962).
Main Office
Velma Federal Credit Union Main Office
297655 E Old Hwy 7 Rd
Duncan, OK 73533-1291
Phone: (580) 444-3396
Services: Member Services