Valley Communities Credit Union Info + Reviews

Valley Communities Credit Union is our focus today. We’ll be digging into important details on this Wisconsin CU to help you decide if you should manage your money there. You can also add a review of your own at the bottom of this article if you want.

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We’ll be going over important info like their history, membership requirements, products, rates, and a few other things that you should know. Deciding where to put your money or get a loan is a big decision, so, I hope this can help you in the process.

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*Routing # 275980735

*Loan officers are available by appointment:
Monday – Thursday, 8:00 am – 5:00 pm
Friday, 8:00 am – 6:00 pm 

*Phone 715-693-5770 (corporate office, branches all have specific lines)

Valley Communities Credit Union History

The history of VCC is similar to many other credit unions. Born out of distrust in the security of our financial system (I assume, but they don’t explicitly say that) in the 1930’s, this CU was formed in 1935 as the Mosinee Paper Credit Union.

Since then, they’ve had a handful of mergers and acquisitions to grow to a nice size and reach. I really like how detailed their history is here, too. You don’t get that with every credit union.

According to their website, this CU originally operated from the punch house at the Paper Mill, sometimes using scraps of paper to do business if nothing else was available. We definitely take our electronics for granted these days! Hard to imagine if things went back to all paper.

Membership Requirements

If you want to become a member at Valley Communities Credit Union, you will need to meet some requirements. This one’s pretty simple and straightforward, which is good. Anyone who lives, works, or owns property in Adams, Clark, Juneau, Lincoln, Marathon, Portage, Shawano, Waupaca, Waushara, or Wood counties is eligible to join.

You’ll also need to open a savings account with a minimum balance of $25.00, which is a little bit higher than the average credit union. Most places are just a $5.00 minimum.

Products at Valley Communities Credit Union

You can choose from a full selection of products at VCCU that you would normally find at any bigger bank. Those include a couple different checking accounts, like their Free Kasasa Cash Checking, Free Kasasa Cash Back Checking, Free Checking, Classic Checking and Debit Cards.

I’m a little surprised that there’s three different free checking accounts but hey, that’s some solid variety if I’ve ever seen it. You can also choose from a lot of different savings accounts.

There’s the Free Kasasa Saver, Share Savings, High Yield Shares, Money Market, Share Certificate, Escrow, Christmas Club, Youth Savings, HSA and IRA account options. That’s definitely more than the average bank or credit union (big or small) in terms of offerings.

You can choose from a bunch of different loan options, like home mortgage, auto, secured, unsecured, and even student loans. There are also credit cards here. Even some insurance offerings!

Business Offerings

You can also get different business offerings at Valley Communities Credit Union. Those include business checking, business debit cards, and different business loans.

Their business loans can cover a handful of different purchases, like equipment, machinery, inventory, working capital, and facility improvements. You can also get commercial real estate loans.

Valley Communities Credit Union Account Services

There are a number of account services, too, which you won’t always find at a smaller credit union. These are things like their NetBranch/Online Banking Services, Mobiliti Mobile Banking, E-Statements, CardSecur, Credit Sense, Overdraft Protection, Surcharge-Free ATMs, and a handful of other things.

Rates at VCCU

Auto loan rates at Valley Communities Credit Union – current as of 9/29/2020. Subject to change without notice.

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Term (months)APR*Monthly payment per $1,000 borrowed
842.99%$13.21
722.49%$14.97
602.29%$17.65
481.99%$21.69
361.99%$28.64
241.99%$42.54
*Rates are VCCU’s lowest for the listed collateral and term. Actual rates may vary based on individual credit worthiness. Rates vary based on year of vehicle being financed. See a VCCU loan officer for details.
Ask about Balloon Loan rates for up to 144 month amotization, and up to 90% LTV.

Collateral Secured Loans to Titled Recreational Vehicles

Term (months)APR*Monthly payment per $1,000 borrowed
722.49%$14.97
602.29%$17.65
481.99%$21.69
361.99%$28.64
241.99%$42.41
*Rates are VCCU’s lowest for the listed collateral type and term. Actual rates may vary based on individual credit worthiness and collateral type. Rates vary based on year of vehicle being financed. See a VCCU loan officer for loan details.
Ask about Balloon Loan rates for up to 144 month amortization, and up to 90% LTV.

Collateral Secured Loans to Untitled Recreational Vehicles

Term (months)APR*Monthly payment per $1,000 borrowed
724.29$15.78
604.04$18.43
483.84$22.51
363.64$29.36
243.09$43.02
*Rates are Valley Community Credit Union’s lowest for the listed collateral type and term. Actual rates may vary based on individual credit worthiness and collateral type. Rates vary based on year of vehicle being financed. See a VCCU loan officer for details.
Ask about Balloon Loan rates for up to 144 month amortization, and up to 90% LTV.

Savings Secured Loan

Term (months)APRMonthly payment per $1,000 borrowed
483.15%$22.20
363.05%$29.10
242.95%$42.96

Personal Loans at Valley Communities Credit Union

Loan TypeTerm (months)APRMonthly payment per $1,000 borrowed
Signature ($1,000 – $10,000)369.35%$31.96
Kwik Cash (max $3,500)Revolving9.75%$50 or 5% of balance
Overdraft Protection Kwik CashRevolving25.00%$200
Single Payment Note90 – 180 days9.85%N/A

Classic Checking

BalanceRateAPY
0 – $3000.00%0.00%
$300 – $999.990.05%0.05%
$1,000 – $2,499.990.05%0.05%
$2,500+0.05%0.05%

Share Savings

BalanceRateAPY
0 – $99.990.00%0.00%
$100 – $999.990.05%0.05%
$1,000 – $2,499.990.05%0.05%
$2,500+0.06%0.06%

Money Market

BalanceRateAPY
$0 – $9,999.990.05%0.05%
$10,000 – $24,999.990.10%0.10%
$25,000 – $74,999.990.15%0.15%
$75,000 – $199,999.990.15%0.15%
$200,000+0.15%0.15%

Other Savings Accounts

AccountBalanceRateAPY
High Yield Shares$5,000+0.10%0.10%
Escrow Account$0.010.06%0.06%
Christmas Club$0.010.06%0.06%
IRA Passbook$0.010.10%0.10%

Share Certificates at Valley Communities Credit Union

Term (Months)Minimum BalanceRateAPY
12 (Minor Share Certificate)^$500.000.25%0.25%
3$5,000.000.15%0.15%
6$5,000.000.20%0.20%
12$5,000.000.25%0.25%
24$5,000.000.30%0.30%
36$5,000.000.35%0.35%
48$5,000.000.40%0.40%
60$5,000.000.45%0.45%
12$25,000.000.25%0.25%
Penalty for early withdrawal.
^ Minors share certificates will transfer to an open share account on the first maturity date after member turns 18

IRA Certificates at Valley Communities Credit Union

Term (Months)Minimum BalanceRateAPY
12$5,000.000.25%0.25%
24$5,000.000.30%0.30%
36$5,000.000.35%0.35%
48$5,000.000.40%0.40%
60$5,000.000.45%0.45%
12$25,000.000.25%0.25%
Penalty for early withdrawal.

Mortgage Loans

Mortgage TypeAmortizationRateEFF APR*
1st Mortgage: 5 Year Balloon130 years2.59%2.62%
1st Mortgage: 7 Year Balloon30 years2.69%2.72%
1st Mortgage: 10 Year Balloon30 years2.79%2.83%
1st Mortgage
15 Year Balloon
30 years2.99%3.03%
1st Mortgage: 5 Year Fixed5 years2.49%2.73%
1st Mortgage: 10 Year Fixed10 years2.69%2.81%
1st Mortgage: 15 Year Fixed15 years2.89%2.97%
2nd Mortgage: 5 Year Balloon210 years4.24%4.63%
2nd Mortgage: 5 Year Fixed5 years3.35%4.09%
1 Example: Payment on a $150,000 5-yr. balloon mortgage at 2.72% APR (amortized for 30 yrs.), would be $599.33 per month. At the end of 5 years the balance due would be $132,512.85 if only the minimum payments are made. Taxes and insurance not included in this example. 
2 Example: Payment on a $10,000 5-year Balloon Mortgage at 4.37% APR (amortized for 10 years) would be $103.67 per month. At the end of 5 years the balance due would be $5,546.80 if only the minimum payments are made. Taxes and insurance are not included in this example.
*1st Mortgages Effective APR calculated using $150,000 Mortgage borrowed. 2nd Mortgages Effective APR calculated using $10,000 Mortgage borrowed
Rates quoted are VCCU’s lowest for the listed collateral and term. Rates, terms and conditions may vary based on creditworthiness, qualifications and collateral conditions. Membership eligibility required. Taxes and insurance not included in monthly payment examples. Escrow may be required on some VCCU mortgage loans.

How Valley Communities Credit Union Gives Back

Between volunteering and making financial contributions to the community, the VCCU team does give back a lot. Their website mentions giving back by volunteering at local schools, taking part in community programs, and being heavily involved with the charity Credit Unions for Kids that supports the local Children’s Miracle Network.

Final Thoughts on VCCU

Valley Communities Credit Union looks like a great local credit union. If you fall into their field of membership and you’re in the market to put your money somewhere new, they are absolutely worth looking into.

They seem to offer a lot more than the average smaller credit union does in terms of accounts and their loan + dividend rates are also pretty good, too. Do you have a review on them that you want to add? Let us know here and we’ll add it in.

    *All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.

    *This site is not affiliated with the Credit Union mentioned in this article.