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VELMA

Velma, OK · Federal Credit Union · Chartered in OK

Well Capitalized

Who can join

Occupational / employer group

Charter #8962Est. 1953RSSD: 305086

Members

689

Net Worth Ratio

14.96%

min. 7% = Well Capitalized

Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.

At a Glance

Total Assets

$3.0M

Peer Group 2

Members

689

as of latest quarter

Net Worth Ratio

14.96%

Well Capitalized

Institution Profile

NCUA

Address

Po Box 186, Velma, OK 73491

Chartered

1953

Branch Locations

1 location

Membership Eligibility

Occupational / employer group

Financial Snapshot

As of Q1 2026NCUA 5300 Call Report

Total Assets

$3.0M

Total Shares

$2.5M

Total Loans

$2.6M

Net Worth Ratio

14.96%

≥7% = Well Capitalized

Members

689

Delinquency Rate (60d+)

0.63%

$16K

Loan-to-share ratio: 103.7%· healthy range 60–80%

Branch Locations

NCUA

Velma Federal Credit Union

297655 E Old Hwy 7 Rd, Duncan, OK, 73533-1291

Monday-Thursday 8:30-4

Main

Mortgage Lending (HMDA)

CFPB HMDA

Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.

Consumer Complaints

CFPB / NCUA

No CFPB complaint data available for this credit union.

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Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.