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Dear Members,

Please be aware if you receive an email from vfcu@vfcu.net along with http://www.vfcu.net/ and verification@curesources.coop together please do not open email; delete it immediately. Valley Federal Credit Union will never send an email regarding conducting verification of members accounts. Thank you Valley Federal Credit Union.

FAQs

As financial advisors, we are often asked questions ranging from how do I build my credit?  to what is a credit union? We’ve compiled a list of common questions regularly addressed by our customers for your convenience.

Take a minute to view our FAQ sections to answer some of your concerns. If you would like to inquire further or have a question that is not listed below, please contact our financial experts at our main office in Brownsville, (956) 546-3108.

Do credit unions pay taxes?

Credit unions pay payroll, property and sales taxes as well as various licenses and fees. They are exempt from paying income tax by law due to all funds earned after operating expenses being returned to members. As not-for-profit institutions, they return excess earnings to members in the form of higher savings rates, lower loan rates...

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Credit Unions and You

Credit Unions and You Even if you are not a VFCU member, we strive to provide you with the best answers and information regarding your credit union. The following are some of the most common questions about the services offered by credit unions. To learn more about a specific area, contact our main office in...

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Credit Over Banking

If you're tired of your current financial institution and are in search of someone that can provide competitive rates, better services, and security, we are confident our services and benefits are exactly what you're looking for. Take a look at the following questions and find out why we believe a credit union is right for...

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Loans from Credit Unions

As a credit union member, you'll have access to better rates and eligibility on loans for homes, autos, and even boats. We're here to answer your questions about the loans we offer and if you are qualified for them. For more information on our loan services or to apply for a loan, contact any of...

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Financial Advice

Credit unions are dedicated to finding the best solutions to improve your current financial standing. Count on us to provide you with reliable information regarding financial matters in your life. If you would like to inquire further or are in need of financial advice, contact our main office in Brownsville at (956)546-3108. Check out our...

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Why should I choose a credit union?

The decision to choose who to entrust your money with is fundamental. Consumers typically find lower and/or non-existent fees, higher saving rates, lower loan rates and unique personalized service with credit unions. Credit unions continually score higher than any other financial institution in consumer satisfaction surveys. Contact Us Why not choose a financial institution with...

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About Credit Unions

We all know, there is a first time for everything. If it's your first time switching from a bank to a credit union, or your first time opening an account with a financial institution, it's always best to get informed. We aim to provide you with the resources necessary to make a decision that makes...

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Who regulates credit unions?

The state's Department of Financial Institutions regulates state-chartered credit unions. The National Credit Union Administration (NCUA), however, regulates general credit unions. The NCUA is an agency of the federal government and credit unions are subject to much of the same consumer regulations as other financial institutions. In some cases, such as investments and mortgage/business lending,...

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