Sep, 30, 2025 — VALLEY STRONG CREDIT UNION is a federally insured state chartered credit union headquartered in BAKERSFIELD, CA with 30 branch locations and about $3.94 billion in total assets. Opened 86 years ago in 1940, VALLEY STRONG CREDIT UNION has about 351,876 members and employs 607 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VALLEY STRONG CREDIT UNION |
|---|---|
| Address: (Main Office) | 11500 Bolthouse Dr BAKERSFIELD, CA 93311-8822 |
| Phone: | (661) 833-7900 |
| Fax: | |
| Website: | https://www.valleystrong.com |
| Branches: | 30 branch locations |
| Members: | 351,876 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68712 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,941,996,654 |
| CEO/Manager: | Nicholas J Ambrosini |
| Chairperson: | S William Bruce |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 161,069,475 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 38,573,386 |
| Real Estate Loans | 2,087,198,463 |
| Unsecured Loans | 242,923,376 |
| Other Loans | 558,074,674 |
| TOTAL LOANS | 2,888,196,513 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,209,061 |
| Land And Building | 80,285,129 |
| Other Fixed Assets | 14,344,210 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 31,913,710 |
| All Other Assets | 4,400,218 |
| TOTAL ASSETS | 3,941,996,654 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 287,453 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 69,779,781 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 799,119,118 |
| Regular shares | 1,041,809,433 |
| All Other Shares & Deposits | 1,678,061,437 |
| TOTAL SHARES & DEPOSITS | 3,518,989,988 |
| TOTAL LIABILITIES | 3,589,872,618 |
| Regular Reserve | 0 |
| Other Reserves | 127,613,503 |
| Undivided Earnings | 224,510,533 |
| TOTAL EQUITY | 352,124,036 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,941,996,654 |
| INCOME & EXPENSE | |
| Loan Income | 128,738,718 |
| Investment Income | 16,378,348 |
| Other Income | 11,163,604 |
| Total Employee Compensation & Benefits | 49,321,401 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 61,922,980 |
| Non-operating Income & (Expense) | 426,990 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,959,237 |
| Cost of Funds | 36,961,661 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 20,198,106 |
| ↑ Back to Top | |