Baylands Family Credit Union


Overview / Commentary
804-843-2520
2004 Main Street
West Point, VA 23181

Baylands Family Credit Union is headquartered in WEST POINT and is the 51st largest credit union in the state of Virginia. It is also the 1,822nd largest credit union in the nation. It was established in 1946 and as of June of 2019, it had grown to 37 employees and 6,300 members at 4 locations. Baylands Family Credit Union's CD rates are 96% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership in Baylands Family Credit Union is open to those who live, work, worship, attend school, or volunteer in the Virginia counties of Chesterfield, Essex, Gloucester, James City, King & Queen, King William, Mathews, Middlesex, or New Kent.
See current membership details

Related Posts

Baylands Family Credit Union (VA) CD Specials - 11/7/2019

25 Month Jumbo Certificate - 2.53% APY (2.50% Dividend Rate) A minimum balance of $25,000.00 is required to open. 16 Month Certificate Special - 2.27% APY (2.25% Dividend Rate) A qualified minimum balance of $500 is required to open. A qualifying deposit is a deposit of $500 or more into a share certificate of funds that have not been on deposit at Baylands FCU in the past ninety (90) days.

View all posts from:


Reviews (2)

Dont Use This Bank

Posted by: MrsHorne | Sep 8, 2013

My husband and I have been at this bank for 10 years and no late payments or anything we asked for a lil time to pay our loan to give us a chance to catch up after my hubsband switched jobs we were saving up so this wouldnt be a problem but he got call to switch 3 months early. we wen for 7 weeks with no pay. the people at this bank have mosly been rude. my husband had to get a paper saying how much he was going to be making after he got through training pay just to give us a month to catch up and they would only do it one loan. the woman that does the land loans was very nice and wanted to help But the higher up is fresh out of college and only cares about their bonus. this used to be a good bank a few years ago but not any more.

Not A Good Bank

Posted by: Aubry | Aug 4, 2011

The people here are unfriendly and very rude. They take forever to get back to you as well. I am taking my money elsewhere.



Health
C+
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. Baylands Family Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #68686
Year Chartered1946
Employees37
Primary Regulator
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD1.31%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$81.7MM$81.4MM
LoansQ2 2019vs Q2 2018$56.4MM$56.4MM
DepositsQ2 2019vs Q2 2018$75.3MM$74.0MM
Equity CapitalQ2 2019vs Q2 2018$6.1MM$6.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$220.00K$259.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$694.00K$668.00K
Real Estate OwnedQ2 2019vs Q2 2018$526.00K$62.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Baylands Family Credit Union (VA) CD Specials

Carpline   |  
25 Month Jumbo Certificate - 2.53% APY (2.50% Dividend Rate)
A minimum balance of $25,000.00 is required to open.

16 Month Certificate Special - 2.27% APY (2.25% Dividend Rate)
A qualified minimum balance of $500 is required to open. A qualifying deposit is a deposit of $500 or more into a share certificate of funds that have not been on deposit at Baylands FCU in the past ninety (90) days.

Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Baylands Family Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Baylands Family Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$75k*-Share Investment Accounts
OTHER TIERS: 0.60% $2k - $20k | 0.70% $20k - $75k
0.80%*$75k*-Business Share Investment Accounts
OTHER TIERS: 0.60% $2k - $20k | 0.70% $20k - $75k
0.45%--IRA Account
0.10%--Share Savings Account
0.10%--Vacation Club Account
0.10%--Christmas Club Account

Baylands Family Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*-$15kGrow Green Checking
OTHER TIERS: 0.05% $15k+
0.35%*$250k*-Business Checking Account
OTHER TIERS: 0.05% Up to $25k | 0.20% $25k - $50k | 0.25% $50k - $100k | 0.30% $100k - $250k
0.05%--Checking Account

Baylands Family Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%$50k-27 Month Jumbo CD Special
2.53%$50k-Business 27 Month Jumbo CD Special
2.38%$500-60 Month CD
2.38%$500-Business 60 Month CD
2.27%$500-16 Month CD Special
2.27%$500-Business 16 Month CD Special
2.22%$500-48 Month CD
2.22%$500-Business 48 Month CD
2.17%$500-36 Month CD
2.17%$500-Business 36 Month CD
1.81%$500-24 Month CD
1.81%$500-Business 24 Month CD
1.76%$500-12 Month CD
1.76%$500-Business 12 Month CD
1.00%$500-6 Month CD
1.00%$500-Business 6 Month CD

Baylands Family Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.38%$500-60 Month IRA
2.22%$500-48 Month IRA
2.17%$500-36 Month IRA
1.81%$500-24 Month IRA
1.76%$500-12 Month IRA
1.00%$500-6 Month IRA
Locations


Baylands Family Credit Union Locations
Corporate Office2004 MAIN STREETWEST POINT, VA 23181
Branch Office7031 Richmond RdWilliamsburg, VA 23188-7214
Branch Office7119 Jefferson Davis HwyNorth Chesterfield, VA 23237
Branch Office2111 Pocahontas TrlQuinton, VA 23141-1634

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.