Salem Va Medical Center Federal Credit Union
Salem, VA·Charter 1127·cu:1127·Credit union RBC / net worth
- #49 of 95Total assets in Virginia
- 7,811members
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Salem Va Medical Center Federal Credit Union
1 of 23 FORFI signals stand out against 2478 similar credit unions, based on NCUA data for the quarter.
Lending absorbing more of the share base as cash fallsWorth a look: Liquidity76.2%+6.7 pp in 12 months
Salem Va Medical Center Federal Credit Union's loans rose to 76.2% of shares and deposits, 6.7 percentage points higher than a year earlier, while cash fell to 21.5% of assets. The median change in the loan-to-share ratio among 2470 similar credit unions was -2.0 pp.
| Observed | Change |
|---|---|
| Loans / shares and deposits | |
| 76.2% | +6.7 pp in 12 months |
| Cash / assets | |
| 21.5% | -4.4 pp in 12 months |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 2478 credit unions with under $100 million in assets that filed NCUA data for the same quarter. Salem Va Medical Center Federal Credit Union itself is left out of every peer median and percentile. How signals work
Where Salem Va Medical Center Federal Credit Union differs most from peers
Borrowed funding rising while the peer median holds steadyContext: Funding1.8%peers 0.0%+1.8 pp
Salem Va Medical Center Federal Credit Union's borrowings as a share of assets rose 1.8 percentage points over the past year to 1.8%. Among 2473 similar credit unions, the median was essentially unchanged.
| This institution | Peer median | Difference |
|---|---|---|
| Borrowings as a share of assets | ||
| 1.8% | 0.0% | +1.8 pp |
| 12-month change | ||
| +1.8 pp | 0.0 pp | +1.8 pp |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 2478 credit unions with under $100 million in assets that filed NCUA data for the same quarter. Salem Va Medical Center Federal Credit Union itself is left out of every peer median and percentile. How signals work
Auto lending growing while the peer median shrinksContext: Lending+5.9%peers -5.6%+11.6 pp
Salem Va Medical Center Federal Credit Union's auto loans grew 5.9% over the past year to $47.6 million. The median among 2357 similar credit unions was -5.6%.
| This institution | Peer median | Difference |
|---|---|---|
| Auto loans, 12-month growth | ||
| +5.9% | -5.6% | +11.6 pp |
| Auto loans | ||
| $47.6 million | ||
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 2478 credit unions with under $100 million in assets that filed NCUA data for the same quarter. Salem Va Medical Center Federal Credit Union itself is left out of every peer median and percentile. How signals work
Key facts
- Salem Va Medical Center Federal Credit Union is a federally chartered credit union headquartered in Salem, Virginia. It reported $93.5 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $77.8 million, down 3.6% from a year earlier, and loans totaled $59.3 million, up 5.7%.
- Its net interest margin on average assets was 3.94% and its annualized return on assets was 0.73% for the quarter.
- Its cost of all shares and deposits was 0.62%, compared with a median of 0.91% among 2475 similar credit unions with under $100 million in assets.
- It served 7,811 members, down 1.4% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Salem Va Medical Center Federal Credit Union's own data, FORFI would look at: Which relationships could bring deposits to fund the loan book.
Analysis workspaces
Sources and identifiers
- Institution
- Salem Va Medical Center Federal Credit Union · Credit union
- NCUA charter
- 1127
- Reporting period
- Peer group
- 2478 credit unions with under $100 million in assets that filed NCUA data for the same quarter. Salem Va Medical Center Federal Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $172.25K | |
| $1.06M | |
| $129.52K | |
| $929.69K | |
| $227.51K | |
| $984.95K | |
| $0 | |
| $0 | |
| 0.73% | |
| 3.94% | |
| 85.11% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.