MEMBER ONE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.memberonefcu.com for more information.
Sep, 30, 2025 — MEMBER ONE FEDERAL CREDIT UNION is a federal credit union headquartered in ROANOKE, VA with 15 branch locations and about $1.52 billion in total assets. Opened 86 years ago in 1940, MEMBER ONE FEDERAL CREDIT UNION has about 147,354 members and employs 323 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBER ONE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 12288 ROANOKE, VA 24024 |
| Phone: | (540) 982-8811 |
| Fax: | (540) 982-7534 |
| Website: | https://www.memberonefcu.com |
| Branches: | 15 branch locations |
| Members: | 147,354 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4035 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,520,359,432 |
| CEO/Manager: | Frank G Carter |
| Chairperson: | Joseph Hopkins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 91,248,501 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 452,878,383 |
| Unsecured Loans | 63,537,401 |
| Other Loans | 798,151,498 |
| TOTAL LOANS | 1,314,567,282 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,497,497 |
| Land And Building | 32,459,755 |
| Other Fixed Assets | 3,190,325 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,116,793 |
| All Other Assets | 806,887 |
| TOTAL ASSETS | 1,520,359,432 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 13 |
| Notes & Interest Payable | 25,000,000 |
| Accounts Payable & Other Liabilities | 13,470,544 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 211,838,026 |
| Regular shares | 332,225,409 |
| All Other Shares & Deposits | 795,798,062 |
| TOTAL SHARES & DEPOSITS | 1,339,861,497 |
| TOTAL LIABILITIES | 1,378,332,054 |
| Regular Reserve | 0 |
| Other Reserves | -513,453 |
| Undivided Earnings | 142,540,831 |
| TOTAL EQUITY | 142,027,378 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,520,359,432 |
| INCOME & EXPENSE | |
| Loan Income | 38,616,865 |
| Investment Income | 727,656 |
| Other Income | 7,368,280 |
| Total Employee Compensation & Benefits | 18,370,017 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 13,911,730 |
| Non-operating Income & (Expense) | 235,449 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,725,000 |
| Cost of Funds | 5,875,461 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,187,514 |
| ↑ Back to Top | |