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EIN 54-6040482

ValleyStar Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
194
City
Martinsville
State
Virginia
Year formed
1953
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
ValleyStar Credit Union is a full service financial institution that offers consumer products and services. Headquartered in Martinsville, Virginia, ValleyStar operates 3 branch offices in the Martinsville, Collinsville and Rocky Mount communities.
Related structure
ValleyStar Credit Union is a child organization, under an unknown parent.
Also known as...
Martinsville Dupont Credit Union
Total revenues
$35,715,444
2022
Total expenses
$32,449,236
2022
Total assets
$679,489,982
2022
Num. employees
194
2022

Program areas at ValleyStar Credit Union

Program service accomplishments include less expensive loan products relative to other financial institutions, higher deposit account rates, lower fees, strong community involvement by volunteers and employees, and financial education.

Personnel at ValleyStar Credit Union

NameTitleCompensation
Michael WarrellPresident and Chief Executive Officer$324,895
Mendy ShafferInterim Chief Financial Officer / Vice President of Accountinng$175,517
Rebecca FreemalChief Marketing and Comm Officer / Vice President Brand$139,185
Benjamin McBrideSenior Vice President of It$131,643
Jordan WeatherholtzVice President of Data Analytics$99,524
...and 31 more key personnel

Financials for ValleyStar Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$25,545,227
Investment income and dividends$2,170,386
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$181,384
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,818,447
Total revenues$35,715,444

Form 990s for ValleyStar Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-07-18990View PDF
2020-122021-08-24990View PDF
2019-122020-09-11990View PDF
2018-122019-09-13990View PDF
...and 11 more Form 990s
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 10 new personnel
December 27, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 5511
Martinsville, VA 24115
County
Martinsville city, VA
Website URL
valleystar.org/ 
Phone
(800) 475-6328
Facebook page
valleystarcreditunion 
Twitter profile
@valleystar_cu 
IRS details
EIN
54-6040482
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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