Valley Credit Union
Valley Credit Union ACH Number: 323276401
Valley Credit Union is a NCUA insured credit union
headquartered at PO BOX 12903, SALEM, OR 97309.
It was founded in 1957 and has approximately
$109 million in assets. Customers can open an account at one of its
3 branches.
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Overview 2024
General Credit Union Information
NCUA Insured | Yes / State-Chartered |
Charter Number | # 64169 |
Date Established | 1957 |
Assets | $109.47 million |
Loans | $85.81 million |
Deposits | $90.43 million |
Capital | $13.95 million |
Financial Note
As of June 30, 2022, our net ratio ratio is 13.27% and our Texas Ratio is 4.26%.
Valley Credit Union's History
In 1930, Salem Postal Credit Union (SPCU) was formed to provide competitive and convenient financial services, while maintaining sound, financial practices. At first, SPCU served only members in Salem but in later years changes were made to allow postal employees in the 973xx zip codes to join.
In 1957, Salem General Credit Union was started to serve employees and family members of the hospital and in 1968 the name was changed to Salem Hospital Credit Union. In 1976, the field of membership was opened to other health care facilities and renamed Valley Health Credit Union (VHCU). In 1981, VHCU purchased the property at 2096 Mission and the credit union has been located here since that time.
In 1996, these two credit unions that were financially strong, engaged in the Salem Community and located within a mile of each other made the decision to merge their operations. Our current board and staff are proud to carry on the legacy that has been built during the past 90 years. $inst['inst_name']div>
In 1957, Salem General Credit Union was started to serve employees and family members of the hospital and in 1968 the name was changed to Salem Hospital Credit Union. In 1976, the field of membership was opened to other health care facilities and renamed Valley Health Credit Union (VHCU). In 1981, VHCU purchased the property at 2096 Mission and the credit union has been located here since that time.
In 1996, these two credit unions that were financially strong, engaged in the Salem Community and located within a mile of each other made the decision to merge their operations. Our current board and staff are proud to carry on the legacy that has been built during the past 90 years. $inst['inst_name']div>
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