Credit union · NCUA insured
Veritas Federal Credit Union
Top CarrotA $58.6M credit union headquartered in Smyrna, TN, with 4,911 members and 2 branches in 2 states. Best rates: CDs 4.35% and savings 0.20% APY.
Veritas Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 84% of U.S. banks and credit unions
#7 of 44 in Nashville, TN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Veritas Federal Credit Union
Veritas Federal Credit Union has been serving members since 1973 and is headquartered in Smyrna, Tennessee, across from Nissan.
The member-owned cooperative operates a branch in Canton, Mississippi, near the Nissan plant.
- Headquarters
- 685 Ken Pilkerton Dr, Smyrna, TN 37167-3812
- NCUA charter
- 21354
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in designated census tracts in Rutherford County, TN, or Holmes, Yazoo, and Madison counties in MS are eligible to join.
Employers and groups
- Members of affiliated associations are eligible to join.
- Employees of partner employers in Tennessee and Mississippi are eligible for membership.
- Employees of Nissan North America and contractors, vendors, or suppliers with badge access to any Nissan facility are eligible to join.
Military, government and schools
- Employees of the City of Canton, MS, or the City of Durant, MS, are eligible to join.
Family and household
- Family members of current VFCU members are eligible to join regardless of where they live.
Cost to join
- Opening and maintaining membership requires a minimum share deposit of $25 in a Share Account.
Branches
2 branches in 2 states
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Mississippi
1 branch
- Canton Office276 Nissan Pkwy, Ste A, Canton, MS 39046Directions
Tennessee
1 branch
- Smyrna OfficeMain office685 Ken Pilkerton Dr, Smyrna, TN 37167Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 7.99% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.60% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.48% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $84 | $59 | — |
- CapitalNet worth ratio7.99%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.60%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.48%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$84Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Veritas Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.