Belvoir Federal Credit Union

Belvoir Federal Credit Union Locations
14040 Central Loop
Woodbridge, VA 22193
703-730-1800
www.belvoircreditunion.org



Belvoir Federal Credit Union is headquartered in Woodbridge and is the 21st largest credit union in the state of Virginia. It is also the 669th largest credit union in the nation. It was established in 1946 and as of September of 2011, it had grown to 85 employees and 26,434 members. Belvoir Federal Credit Union's CD rates are 6X the national average, and it boasts a 5-star health rating.

Belvoir Federal Credit Union Routing Number: 256078569

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High-Interest Reward Checking Account at Belvoir Federal Credit Union in Virginia - 12/3/2008

Update 9/12/09: The balance cap has been reduced to $25,000. Refer to the bottom of the post for the rate history.Belvoir FCU is offering a reward checking account called CU Xcel Checking which pays 4.01% APY on balances up to $25,000 (1.01% for above)...



See Rates for: Checking | Savings | Money Market | CD | IRA

Belvoir Federal Credit Union Checking Account Rates

ApyMinMaxProduct
3.25%-$15kCUXcel
2.02%--Compass Military Checking

Belvoir Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.10%$50-Club
0.10%$50-IRA Share
0.10%$50-Prime Share

Belvoir Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.71%$100k-Money Market

Belvoir Federal Credit Union CD Rates

ApyMinMaxProduct
5.38%-$1k12 Month Young Savers
2.75%-$1k12 Month Small Savers
2.10%$1k-60 Month Share Certificate
2.00%$1k-48 Month Share Certificate
1.60%$1k-36 Month Share Certificate
1.50%$1k-30 Month Share Certificate
1.20%$1k-24 Month Share Certificate
0.95%$1k-18 Month Share Certificate
0.71%$1k-12 Month Share Certificate
0.50%$1k-6 Month Share Certificate

Belvoir Federal Credit Union IRA Rates

ApyMinMaxProduct
2.10%$1k-60 Month IRA Share Certificate
2.00%$1k-48 Month IRA Share Certificate
1.60%$1k-36 Month IRA Share Certificate
1.60%$500-36 Month Roth IRA Share Certificate
1.50%$1k-30 Month IRA Share Certificate
1.20%$1k-24 Month IRA Share Certificate
1.20%$500-24 Month Roth IRA Share Certificate
0.95%$1k-18 Month IRA Share Certificate
0.71%$1k-12 Month IRA Share Certificate
0.71%$500-12 Month Roth IRA Share Certificate
0.71%$500-12 Month Education IRA Share Certificate
0.50%$1k-6 Month IRA Share Certificate

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


BELVOIR
NCUA #5356
BankRate ReportView
Year Established1946
Employees85
Primary Regulator

Assets and Liabilities

Assets$277.46 million
Loans$182.62 million
Deposits$251.34 million
Equity Capital$22.69 million
Loan Loss Allowance$2.13 million
Unbacked Noncurrent Loans$989,000

Historic Data - September 2010

Assets$265.44 million
Equity Capital$21.58 million
Loan Loss Allowance$2.42 million
Unbacked Noncurrent Loans$1.49 million
Real Estate Owned$255,000

Profit Margin - Quarterly

Net Interest Margin3.17%
Return on Assets0.23%
Return on Equity2.81%
Interest Income$8.22 million
Non-Interest Income$3.33 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Belvoir Federal Credit Union had $989,000 in non-current loans and owned real-estate with $24.83 million in equity and loan loss allowances on hand to cover it. This gives Belvoir Federal Credit Union a Texas Ratio of 3.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Belvoir Federal Credit Union decreased significantly from 7.26% as of September 30, 2010 to 3.98% as of September 30, 2011, resulting in a positive change of 45.13%.This indicates that the balance sheet and financial strength for Belvoir Federal Credit Union has improved significantly in recent periods.
Deposit Growth4
In the past year, Belvoir Federal Credit Union has increased its total deposits by $10.45 million, resulting in 4.34% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Belvoir Federal Credit Union has shown is above average.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Belvoir Federal Credit Union has $277.46 million in assets with $24.83 million in equity, resulting in a capitalization level of 8.95%, which is average.
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