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Filing year 2024

VALLEYSTAR CREDIT UNION

Martinsville, Virginia·EIN 54-6040482·14
Total revenue
$40.6M
Total assets
$585.3M
Total expenses
$47.5M
Reported officers
36
Mission

VALLEYSTAR CREDIT UNION PRIMARY EXEMPT PURPOSE IS TO RETURN EXCESS EARNINGS TO ALL ITS MEMBERS IN THE FORM OF BETTER DEPOSIT/LOAN RATES AND LOWER FEES. VALLEYSTAR CREDIT UNION IS A MEMBER-OWNED FINANCIAL COOPERATIVE WHERE ALL MEMBERS BENEFIT EQUALLY, AND ALL MEMBERS HAVE AN EQUAL VOTE.

Executive compensation, broken down

Form 990 · Schedule J · 34 reported individuals · Filing year 2024

$532k
$564k
Base
$532k
Bonus
Other
Benefits
Executive Vice President
executive vice president
$303k
$322k
Base
$303k
Bonus
Other
Benefits
Base
$271k
Bonus
Other
Benefits
Chief Risk Officer
officer (unspecified)
$239k
$253k
Base
$239k
Bonus
Other
Benefits
Chief Lending Officer
officer (unspecified)
$224k
$238k
Base
$224k
Bonus
Other
Benefits
SVP of Credit Admin
senior vice president
$218k
$232k
Base
$218k
Bonus
Other
Benefits
SVP of Human Resources
senior vice president
$202k
$214k
Base
$202k
Bonus
Other
Benefits
VP of Data Analytics
vice president
$190k
$201k
Base
$190k
Bonus
Other
Benefits
Chief Marketing Officers
officer (unspecified)
$172k
$183k
Base
$172k
Bonus
Other
Benefits
Senior VP of IT
senior vice president
$170k
$180k
Base
$170k
Bonus
Other
Benefits
$170k
$180k
Base
$170k
Bonus
Other
Benefits
VP of Comsumer Lending
vice president
$150k
$159k
VP Commercial Lending
vice president
$121k
$128k
VP of Mortgage Lending
vice president
$118k
$125k
VP of Organizational Devel
vice president
$113k
$119k
VP Risk Management
vice president
$103k
$109k
VP of Administrative Servi
vice president
$90k
$95k
VP of Facilities and Secur
vice president
$90k
$95k
VP of Accounting
vice president
$60k
$64k
Director
board member
$6k
$6k
Director & Legislative Rep
board member
$6k
$6k
Director & Vice Chair
board chair
$6k
$6k
Director & Secretary
board member
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Director & Chairman
board chair
$6k
$6k
Director & Treasurer
board member
$6k
$6k
Director
board member
$6k
$6k
Chief Marketing and Comm O
board member
$6k
$6k
VP of Brand
vice president
$6k
$6k
Supervisory Committee
board member
$5k
$5k
Supervisory Committee
board member
$5k
$5k
Supervisory Committee
board member
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Down 6%
from 2023

From $566k in 2023 to $532k in 2024.

$566k
2023
$532k
2024
In today's dollarsEst.
Down 9% in real terms$618k to $564k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VALLEYSTAR CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$44.7M
$43.1M
2023
$40.6M
$47.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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