Veritas
Veritas is a credit union based in Smyrna, Tennessee, established in 1973, with $59 million in total assets serving 4,911 members. By Trust Grade it ranks 110th of 126 credit unions we track in Tennessee. Its net worth ratio of 7.6% trails most similarly sized credit unions (4th percentile), versus a Tennessee median of 13.9%. It was profitable over the most recent period, with a 0.35% return on assets. No consumer complaints against Veritas appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Veritas compares to Tennessee peers
How we graded Veritas
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.6% capital ratio)
- Profitable (ROA 0.35%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Veritas over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Veritas insured?
Yes. Veritas is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Veritas: frequently asked questions
Is Veritas a good credit union?
Veritas earns a Bankzia Trust Grade of C (77/100, "Average"), based on a financial-strength score of 77/100 (it has no CFPB complaints on record). Well-capitalized (7.6% capital ratio); Profitable (ROA 0.35%).
Is Veritas NCUA-insured?
Yes. Veritas is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Veritas?
Veritas holds $59 million in total assets, ranking 110th of 126 credit unions we track in Tennessee. It serves 4,911 members.
Does Veritas have CFPB complaints?
No CFPB complaints against Veritas appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
