When you log into Online Banking for the first time after our upgrade, you will be required to enter your EXISTING Login ID and Security Code (see below).
Your LOGON ID is your existing online banking login ID. Your Logon ID must contain at least 6 characters. If your login ID is less than 6 characters, you must enter leading zeros to make it the minimum 6 characters.
Your SECURITY CODE is the word security in lower case letters + the last 4-digits of the Primary Account Holder’s Social Security Number.
Example: If the last 4-digits of the Social Security Number are 1234 then your Security Code is security1234
You will be prompted to change your Security Code after first time login in.
If you experience an “unable to validate” error message, then you should delete cookies and cache from your browser. You can also try the login on a different browser. Deleting Cookies and Cache is usually found on your browser’s settings under “privacy”.
Valley Credit Union is excited to announce that for the fourth year in a row, an “Ownership Dividend” has been shared with members. Valley CU, based in Salem is a not-for-profit, cooperative credit union, owned by the 5,790 members using its services. With no stockholders to pay, Valley reinvests its earnings right back to the members, in the form of benefits such as fewer fees, better interest rates, and Ownership Dividends.
This dividend is a way to recognize the credit union’s valued members and to thank them for their contribution to the continued success of Valley. The $228,000 dividend payout was based on the member’s usage of online services, checking, and borrowing activity during 2022. In addition, a special “legacy” dividend was given to all members who have had a relationship with the credit union for at least 20 years.
The majority of the credit union’s members -- 75% -- received an ownership dividend and the average payout was $52.74. These funds were deposited into the member’s ownership account which currently earns 4.00%.
“As a credit union, we are focused on providing value to our members who are also our owners. We have a history of offering competitive rates, low fees and great service”, said Valley Credit Union President and CEO Pat Force. “In 2022, we had great success in helping our members with their borrowing needs. Valley grew member loans by 19%. We’re proud to again share this special dividend with our members”.
Valley Credit Union has been serving people who live and work in the areas surrounding Salem, Oregon since 1930.
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