fbpx
rawhide

Image of Valley Strong Ballpark via Visalia Rawhide.

published on May 10, 2024 - 2:33 PM
Written by

Bakersfield-based Valley Strong Credit Union is expanding to Kings County with a May 20 opening date. This will be the credit union’s 32nd branch, to be located at 216 W 8th St. in Hanford.

Valley Strong Credit Union has more than 360,000 members and nearly $4 billion in assets.

Valley Strong business loan products include lines of credit, commercial real estate financing (owner-occupied and investor), equipment and machinery financing, business acquisition loans, term loans, and SBA loans.

valley strong
The Valley Strong Credit Union branch in Hanford opens May 20. Photo via valleystrong.com

 

In 2023, Valley Strong provided 246 micro business loans under $50,000, for a total of $2.6 million. For small business loans over $50,000, there were 85 loans for a total of $62.5 million, according to their annual impact report.

The credit union expanded outside of Kern County for the first time in 2020, opening two branches in Tulare and Porterville. In 2022 came Visalia and Dinuba locations.

Valley Strong Credit Union was established in 1938 at Bakersfield High School. In 2020, it rebranded from Kern Schools Federal Credit Union.

In 2021 Valley Strong Ballpark was born in Visalia as the home of the Rawhide baseball team — product of a naming rights deal.


e-Newsletter Signup

Our Weekly Poll

Are you worried AI will replace your job?
41 votes

Central Valley Biz Blogs

. . .