Baylands Family Credit Union

Overview / Commentary
2004 Main Street
West Point, VA 23181

Baylands Family Credit Union is headquartered in WEST POINT and is the 47th largest credit union in the state of Virginia. It is also the 1,778th largest credit union in the nation. It was established in 1946 and as of March of 2020, it had grown to 34 employees and 6,180 members at 4 locations. Baylands Family Credit Union has a B 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: |

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: |

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

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

NCUA #68686
Year Chartered1946
Primary Regulator
Profit Margin
Return on Assets - YTD-0.13%
Return on Equity - YTD-1.78%
Annual Interest Income$793.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$88.0MM$79.6MM
LoansQ1 2020vs Q1 2019$51.1MM$56.9MM
DepositsQ1 2020vs Q1 2019$81.2MM$73.1MM
Equity CapitalQ1 2020vs Q1 2019$6.5MM$6.1MM
Loan Loss AllowanceQ1 2020vs Q1 2019$298.00K$221.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$694.00K$614.00K
Real Estate OwnedQ1 2020vs Q1 2019$322.00K$238.00K
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

0.25%--IRA Account
0.25%*$75k*-Share Investment Accounts
OTHER TIERS: 0.15% $2k - $20k | 0.20% $20k - $75k
0.25%*$75k*-Business Share Investment Accounts
OTHER TIERS: 0.15% $2k - $20k | 0.20% $20k - $75k
0.10%$5-Share Savings Account
0.10%--Vacation Club Account
0.10%--Christmas Club Account

Baylands Family Credit Union Checking Account Rates

1.26%*-$15kGrow Green Checking
OTHER TIERS: 0.05% $15k+
0.15%*$250k*-Business Checking Account
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $250k
0.05%--Checking Account

Baylands Family Credit Union CD Rates

1.00%$500-60 Month CD
1.00%$500-Business 60 Month CD
0.80%$500-48 Month CD
0.80%$500-Business 48 Month CD
0.70%$500-36 Month CD
0.70%$500-Business 36 Month CD
0.60%$500-24 Month CD
0.60%$500-Business 24 Month CD
0.50%$500-12 Month CD
0.50%$500-Business 12 Month CD
0.40%$500-6 Month CD
0.40%$500-Business 6 Month CD

Baylands Family Credit Union IRA Rates

1.00%$500-60 Month IRA
0.80%$500-48 Month IRA
0.70%$500-36 Month IRA
0.60%$500-24 Month IRA
0.50%$500-12 Month IRA
0.40%$500-6 Month IRA

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.