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Valleystar Credit Union Share
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Overview Share
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Valleystar Credit Union is a federally insured state credit union based in Martinsville, Virginia. It has been opened since 1953, for 69 years.

With around $400,490,000 in assets, Valleystar Credit Union is considered to be a very large credit union. It has 8 branches and 8 ATM locations.

About Share
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Address Po Box 5511
Martinsville, Virginia 24115
Website http://www.valleystar.org
Phone (276) 632-1679
Fax (276) 632-9610
CEO Delbert L. Morgan
President of the Board Richard Wood
Services Offered
Score Card Share
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69 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
43,184 members
Membership type: State chartered natural person credit union
Above average number of members
374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$400,492,377
Total assets
Above average
8 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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8 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
Valleystar Credit Union Branch Locations

Valleystar Credit Union: Martinsville
35 Dupont Road
Martinsville, Virginia 24112
ATM Available
Valleystar Credit Union: Collinsville
41 Wheeler Avenue
Collinsville, Virginia 24078
ATM Available
Valleystar Credit Union: South Boston
4027 Halifax Road
South Boston, Virginia 24592
ATM Available
Valleystar Credit Union: Danville North
3240 Franklin Tpke
Danville, Virginia 24540
ATM Available
Valleystar Credit Union: Roanoke
3452 Buck Mountain Road
Roanoke, Virginia 24018
ATM Available
Valleystar Credit Union: Rocky Mount
1081 Old Franklin Tpke
Rocky Mount, Virginia 24151
ATM Available
Valleystar Credit Union: Waynesboro
501 W. Broad Street
Waynesboro, Virginia 22980
ATM Available
Valleystar Credit Union: Danville Main
212 Holt Garrison Parkway
Danville, Virginia 24540
ATM Available
Members Share
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43,184 members
Membership type: State chartered natural person credit union
Above average number of members

With 43,184 members, the Valleystar Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 90% of credit unions.

Fees Share
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$97
Average fee per member
The average fee per member at the Valleystar Credit Union is $97, which is very high compared to most credit unions. This rate is higher than 83% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Valleystar Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
116 staff members
FTE (full-time equivalent)
6% of employees are part-time
112 full-time, 7 part-time

Valleystar Credit Union has 112 full-time staff members and 7 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 94% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Valleystar Credit Union has around 374 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$400,492,377
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$11,903
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 64% of credit unions.

Valleystar Credit Union holds a total of $247,080,000 in loans and leases, which is about $11,903 per member on average.

Savings interest rate Share
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0.25%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Valleystar Credit Union pays 0.25%.

Loan rates Share
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
6.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.95%
New car loan rate
Compared to 4.0% nationally
3.50%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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2.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.78%
Other real estate loan rates
Compared to 0.9% nationally

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All of Asset Brief

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Similar Credit Unions to Valleystar Credit Union

See all...
Valleystar Credit Union: Waynesboro
Credit Union Branch: 501 W. Broad Street
Waynesboro, Virginia 22980 ATM Available
Valleystar Credit Union: Danville Main
Credit Union Branch: 212 Holt Garrison Parkway
Danville, Virginia 24540 ATM Available
Valleystar Credit Union: Collinsville
Credit Union Branch: 41 Wheeler Avenue
Collinsville, Virginia 24078 ATM Available
Valleystar Credit Union: Roanoke
Credit Union Branch: 3452 Buck Mountain Road
Roanoke, Virginia 24018 ATM Available
Valleystar Credit Union: Danville North
Credit Union Branch: 3240 Franklin Tpke
Danville, Virginia 24540 ATM Available
Valleystar Credit Union: Martinsville ATM
Credit Union ATM: 35 Dupont Road
Martinsville, Virginia 24112
Valleystar Credit Union: South Boston
Credit Union Branch: 4027 Halifax Road
South Boston, Virginia 24592 ATM Available
Valleystar Credit Union: Collinsville ATM
Credit Union ATM: 41 Wheeler Avenue
Collinsville, Virginia 24078
Valleystar Credit Union: Rocky Mount
Credit Union Branch: 1081 Old Franklin Tpke
Rocky Mount, Virginia 24151 ATM Available
Valleystar Credit Union: Martinsville
Credit Union Branch: 35 Dupont Road
Martinsville, Virginia 24112 ATM Available