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Overview / Commentary
1240 Morganton Blvd Sw
Lenoir, NC 28645-5504

B I P Federal Credit Union is headquartered in Lenoir and is the 71st largest credit union in the state of North Carolina. It is also the 4,995th largest credit union in the nation. It was established in 1977 and as of June of 2016, it had grown to 3 employees and 1,391 members at 3 locations. B I P Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership in BIP Federal Credit Union is open to those who live or work in Census Tracts 301 and 302in the Lenoir Community in Caldwell County, North Carolina.
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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. B I P Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #22639
Year Chartered1977
Primary Regulator
Profit Margin
Return on Assets - YTD-1.1%
Return on Equity - YTD-9.38%
Annual Interest Income$94.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$4.6MM$4.4MM
LoansQ2 2016vs Q2 2015$2.1MM$2.4MM
DepositsQ2 2016vs Q2 2015$4.0MM$3.8MM
Equity CapitalQ2 2016vs Q2 2015$533.00K$573.00K
Loan Loss AllowanceQ2 2016vs Q2 2015$25.00K$27.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$27.00K$44.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

B I P Federal Credit Union Savings Account Rates

OTHER TIERS: 0.75% Up to $40k

B I P Federal Credit Union CD Rates

0.50%$500-24 Month CD
0.40%$500-18 Month CD
0.20%$500-12 Month CD
0.15%$500-6 Month CD

B I P Federal Credit Union Locations
Branch Office1240 Morganton Blvd SWLenoir, NC 28645-5504
Branch Office1839 Morganton Blvd SWLenoir, NC 28645-5338
Branch Office1240 Morganton Blvd SWLenoir, NC 28645-5504