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703-730-1800
14040 Central Loop
Woodbridge, VA 22193

Belvoir Federal Credit Union is headquartered in Woodbridge and is the 21st largest credit union in the state of Virginia. It is also the 665th largest credit union in the nation. It was established in 1946 and as of December of 2013, it had grown to 75 employees and 25,933 members. Belvoir Federal Credit Union's CD rates are 6X the national average, and it has a A health rating.

Field of Membership Restrictions

Membership is available to all active duty or retired members of the U.S. Armed Forces regardless of military branch or duty station; all employees working or assigned to Fort Belvoir, both government and non-government employees; anyone living, working, going to school or using any services on Fort Belvoir, VA; and all employees, members or volunteers of select employee groups. - See Details

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Reviews (1)

Fort Belvoir Federal Credit Union Service

I've done business with the Fort Belvoir Federal Credit union since 1985. I can just imagine how much money they have profiteered off of me (I don't want to know). They have been inconsiderate, arrogant, condescending, rude and a flat out awful financial experience.

Making matters worse, last year they sold their credit card out to Atira Credit. These guys are atrocious to work with. When you have problems with one you won't get help from the other. It has taken multiple phone calls, letters, and months just to get responses to simple questions.

If you try to cancel the account with the credit union, they say you can't because you still owe the credit card from Atira (but Atira is a separate company). This just can't be legal; if it is, we need to change some laws.

Meanwhile they have started charging a service fee for an inactive account because I won't use direct deposit with them. Pariah!

If you are military, I recommend USAA. Even though I am retired, I still get treated with the same military courtesy, and I can deposit checks from home using a scanner. Someone told me they used their I Phone.

Be wise with your finances, be selective!



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 December 31, 2013 Belvoir Federal Credit Union had $1.85 million in non-current loans and owned real-estate with $25.61 million in equity and loan loss allowances on hand to cover it. This gives Belvoir Federal Credit Union a Texas Ratio of 7.23% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Belvoir Federal Credit Union experienced no significant changes from 4.58% as of December 31, 2012 to 7.23% as of December 31, 2013, resulting in a negative change of 58.03%. This indicates that the balance sheet and financial strength for Belvoir Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Belvoir Federal Credit Union has increased its total deposits by $13.7 million, resulting in 5.08% 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 excellent.

Capitalization

GRADE:
C

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 $310.52 million in assets with $25.61 million in equity, resulting in a capitalization level of 8.25%, which is average.

Institution Statistics

Overall
NCUA #5356
Year Chartered1946
Employees75
Primary Regulator
Assets and Liabilities
Assets$310.52 million
Loans$213.16 million
Deposits$283.37 million
Equity Capital$24.27 million
Loan Loss Allowance$1.34 million
Unbacked Noncurrent Loans$1.85 million
Real Estate Owned$0
Historic Data - December 2012
Assets$298.97 million
Equity Capital$24.56 million
Loan Loss Allowance$1.51 million
Unbacked Noncurrent Loans$1.85 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.82%
Return on Assets0.46%
Return on Equity5.86%
Interest Income$10.69 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Belvoir Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Belvoir Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$50-Club
0.05%$50-IRA Share
0.05%$50-Prime Share

Belvoir Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$100k-Money Market

Belvoir Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.53%-$15kCUXcel
2.02%--Compass Military Checking
0.05%--CUXcel

Belvoir Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
5.38%-$1k12 Month Young Savers
2.75%-$1k12 Month Small Savers
1.80%$1k-60 Month Share Certificate
1.55%$1k-48 Month Share Certificate
1.35%$1k-36 Month Share Certificate
1.00%$1k-24 Month Share Certificate
1.00%$1k-30 Month Share Certificate
0.75%$1k-12 Month Share Certificate
0.75%$1k-18 Month Share Certificate
0.40%$1k-6 Month Share Certificate

Belvoir Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.80%$1k-60 Month IRA Share Certificate
1.55%$1k-48 Month IRA Share Certificate
1.35%$1k-36 Month IRA Share Certificate
1.00%$1k-24 Month IRA Share Certificate
1.00%$1k-30 Month IRA Share Certificate
0.75%$1k-12 Month IRA Share Certificate
0.75%$1k-18 Month IRA Share Certificate
0.55%$500-12 Month Education IRA Share Certificate
0.40%$1k-6 Month IRA Share Certificate
Locations


Belvoir Federal Credit Union Locations
Branch Office5970 Meeres RdFort Belvoir, VA 22060
Branch Office7500 Geoint Dr Rm N11323Springfield, VA 22150
Branch Office8725 John J Kingman Rd Rm 1401Fort Belvoir, VA 22060
Branch Office5982 13th St Bldg 1195Fort Belvoir, VA 22060
Branch Office14040 Central LoopWoodbridge, VA 22193
Branch Office4800 Mark Center DrAlexandria, VA 223500001