VELMA
Federal • Velma, Oklahoma • Est. 1953
Quick Facts
- Charter Number
- #8962
- Type
- Federal
- Established
- 1953
- Headquarters
- Velma, Oklahoma 73491
- Address
- PO Box 186
- Branches
- 1
- Members
- 705
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
705 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | VELMA |
|---|---|
| Total Assets | $2.9M |
| Members | 705 |
| Loans Outstanding | $2.7M |
| Shares & Deposits | $2.5M |
| Net Worth | $436K |
| Net Worth Ratio | 14.85% |
| Loan-to-Share Ratio | 108.8% |
| Delinquency Rate | 0.20% |
| Net Income | +$24,399 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
1 location
Velma Federal Credit Union
Main Office297655 E Old Hwy 7 Rd
Duncan, OK 73533-1291
Who Can Join VELMA?
Membership Type: Community
Membership eligibility for VELMA may vary. Contact the credit union directly to confirm qualification requirements.
Contact VELMA directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Oklahoma RankingsFrequently Asked Questions
Yes. VELMA is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, VELMA has 705 members and a potential membership field of 925 people.
VELMA's net worth ratio is 14.85% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 14.8%, VELMA meets this threshold.
VELMA operates 1 branch location. The main office is located at 297655 E Old Hwy 7 Rd, Duncan, OK 73533-1291.
VELMA was established in 1953. It is a federal credit union chartered under charter number 8962. The institution has been serving members for 73 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or VELMA. All financial data is for informational purposes only.