Credit union
Valley Strong Credit Union
Bakersfield, California, Kern County, CA
$4.1B in total assets and 240,116 members, the 125th largest of 4,298 US credit unions and 19th of 229 headquartered in California.
- NCUA charter
- 68712
- Charter
- State chartered (CA)
- Chartered
- 1940
- NCUA insured since
- 1971
- Low-income designation
- Yes
- Website
- http://www.valleystrong.com
Earlier filings under Kern Schools Federal Credit Union (charter 3804), before a charter conversion, are included in the history below.
At a glance
Compared with 59 federally insured credit unions in California with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.1B | 76% | $2.1B | |
| Loans | $2.9B | 76% | $1.3B | |
| Deposits (shares) | $3.7B | 80% | $1.7B | |
| Members | 240,116 | 86% | 93,298 | |
| Return on assets | 0.77% | 58% | 0.72% | |
| Net interest income to assets | 3.77% | 86% | 3.20% | |
| Efficiency ratio | 70.9% | 34% | 74.0% | |
| Net worth ratio | 9.27% | 15% | 10.49% | |
| Loans to shares | 79% | 39% | 83% | |
| Cost of deposits | 1.10% | 17% | 1.58% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 11.3% a year over 10 years and 10.6% a year over the last 5, including 2 mergers in the last 10 years. Membership grew 6.1% a year over 5 years, to 240,116.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Oct 2021 | Financial Center Credit Union Credit union, Stockton, CA | $634M |
| Jul 2021 | Solano First Federal Credit Union Credit union, Fairfield, CA | $186M |
| May 2013 | Tehachapi Federal Credit Union Credit union, Tehachapi, CA | $2M |
Where they operate
31 branches in 5 counties.
2 of 31 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Kern County, CA | 17 | 13.9% | 1 of 30 |
| San Joaquin County, CA | 5 | 4.4% | 10 of 26 |
| Tulare County, CA | 4 | 5.6% | 6 of 21 |
| Solano County, CA | 3 | 4.3% | 9 of 21 |
| Kings County, CA | 2 | 8.7% | 2 of 16 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2020 | 19 | |
| 2021 | 29 | +10 |
| 2022 | 31 | +2 |
| 2023 | 30 | −1 |
| 2024 | 31 | +1 |
| 2025 | 31 | 0 |
| Jun 2026 | 31 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.94% | 0.60% |
| Net worth ratio | 9.27% | 10.49% |
| Loans to shares | 79% | 83% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in California
Most branches in Kern County, CA
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.