Data Source: NCUA, December 31, 2016
Beach Municipal Federal Credit Union was founded in 1970. Headquartered in Virginia Beach, Virginia, Beach Municipal Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Beach Municipal Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Beach Municipal Federal Credit Union services 9,678 members through its 3 offices and branches and 37 full-time and 3 part-time employees. It has $115,641,322 of total assets and $13,847,148 of net worth. Based on its asset size and net worth ratio, Beach Municipal Federal Credit Union is classified as a Well Capitalized medium large credit union.
Beach Municipal Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Beach Municipal Federal Credit Union also provides an array of services to its members and local communities. Beach Municipal Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Beach Municipal Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Virginia and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Beach Municipal Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Beach Municipal Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Beach Municipal Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.
Community and other Service Offerings
2501 Courthouse Dr
Virginia Beach, VA 23456-9103
2476 Nimmo Pkwy Ste 122
Virginia Beach, VA 23456-2567
4164 Virginia Beach Blvd
Virginia Beach, VA 23452