At VALEX Federal Credit Union we don't have customers we have members.  If you join the credit union, you become a part owner in our financial institution. Our ability to provide you with exceptional personal service truly sets us apart from the rest.

The benefits of credit union membership are:

  • Your initial $25 deposit entitles you to ownership of the credit union
  • Credit union earnings are returned to you in the form of higher dividends, lower loan rates, and low or no service fees.
  • Once a member always a member.

Our Mission

"Provide lifelong, trusted relationships and the best services available to ensure our members reach their financial goals."

Board of Directors

George Allen – Chair
Martin Borland– Vice Chair
Deron Thaxton – Treasurer
Laura Cearley– Recorder
James Gott- Member
Portia McDaniel – Member
Jan Thompson – Member


Chris Chelette – President/CEO
Rebecca Kinder – Branch Manager – Main Street
Heather Marquardt – Loan Officer
Mary Johnson - Accounting
Katina Washington – MSR/Frontline Supervisor
Annalee Bordelon – MSR/Frontline
Ginger Doyle – MSR/Frontline

Our History

Twelve charter members on March 22, 1949 prepared and signed the Organization Certificate that created Valex Federal Credit Union. The Director of Federal Credit Unions approved it on April 6, 1949, assigned was Charter number 6116.

Today the credit union is governed by a seven member Board of Directors and Supervisory Committee.  The day-to-day operations are taken care of by the CEO and the other full time employees to serve our members.