Veridian

PO BOX 6000
Waterloo, IA 50704

Phone: 1-800-235-3228

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 64418
Date Established 1934
Assets $3,935.23 million
Loans $3,488.83 million
Deposits $3,327.86 million
Capital $378.02 million

Veridian is an NCUA insured institution located in Waterloo, IA. It was founded in 1934 and has approximately $3935.23 millions in assets.

Who can join?

Veridian Credit Union membership is open to persons living or working in Allamakee, Benton, Black Hawk, Boone, Bremer, Buchanan, Butler, Cedar, Cerro Gordo, Chickasaw, Clayton, Dallas, Delaware, Fayette, Floyd, Franklin, Grundy, Hardin, Iowa, Jasper, Johnson, Jones, Linn, Louisa, Madison, Marion, Marshall, Muscatine, Polk, Poweshiek, Story, Tama, Warren, Washington, and Winneshiek Counties and their family members.

Employees of our business partners are also eligible for Veridian Credit Union membership. All current and retired employees can share the benefits of membership with immediate family (spouses, children, siblings, parents, grandparents, and grandchildren). This means family members of an eligible employee or retiree, whether or not they're a current member, may join as members in their own right. Also, immediate family or household members (person living in the same residence) may join through a current member, whether or not the current member is working for one of our business partners.

Also eligible for membership at Veridian Credit Union are individuals with disabilities as defined by the Americans with Disabilities Act of 1990 who are living in the State of Iowa or members of Dwolla.

Field of Membership Restrictions

Membership in Veridian Credit Union is open to anyone by registering for Dwolla. Membership is also open to those who live or work in any of the state of Iowa's 99 counties or six counties in eastern Nebraska, including Cass, Douglas, Lancaster, Sarpy, Saunders, and Washington Counties in Nebraska. Also eligible for membership at Veridian Credit Union are individuals with disabilities as defined by the Americans with Disabilities Act of 1990 who are living in the State of Iowa.

Deposit Rates - February 19, 2019

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
Starter CD - 12 months
0.35% $1,000 - Learn MoreShow Less
24 Month CD
2.55% $1,000 - Learn MoreShow Less
24 Month Jumbo CD
2.65% $100,000 - Learn MoreShow Less
36 Month CD
2.75% $1,000 - Learn MoreShow Less
36 Month Jumbo CD
2.85% $100,000 - Learn MoreShow Less

Loan Rates - February 19, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Veridian

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
4.146% 4.125% 0.25 $638 $1,212 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
PenFed Credit Union
NMLS ID: 401822
4.502% 4.375% 0.50 $3,750 $1,249 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Veridian
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Veridian branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Veridian Locations


Financial Details

Veridian Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Veridian. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Veridian U.S. Average
4.65% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Veridian had $17,076,629 in non-current loans and $1,317,984 in owned assets. To cover these potential losses it had $378,024,169 in net worth and $17,870,491 in loans loss reserves. That gives it a Texas Ratio of 4.65%.

Net Worth
Veridian U.S. Average
9.6% 13.21%

Veridian FCU has a net worth of 9.6% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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*All images, logos and public notes on this page appear courtesy of Veridian and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.