Bayport Credit Union


Overview / Commentary
757-928-8850
1 Bayport Way Ste 350
Newport News, VA 23606

Bayport Credit Union is headquartered in Newport News and is the 9th largest credit union in the state of Virginia. It is also the 177th largest credit union in the nation. It was established in 1928 and as of December of 2019, it had grown to 399 employees and 144,139 members at 28 locations. Bayport Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in Bayport Credit Union is open to those who live, work, volunteer, attend school, or worship in the following: (1) the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poqouson, Portsmouth, Suffolk, Virginia Beach, or Williamsburg in Virginia; (2) the counties of Gloucester, Isle of Wight, James City, Mathews, Southampton, Surry, or York in Virginia or the counties of Currituck or Gates in North Carolina. Also available to join are immediate family and household members.
See current membership details

Related Posts

View all posts from:


Reviews (4)

Love Them!

Posted by: |

They TRULY have your best interest in mind.

I've done a lot of research before choosing this credit union. It is the best credit union for the hampton roads area. Fee free ATM's are all over the place, they're more frequent than any other bank ATM. It offers very nice online banking features and mobile banking features as well as many other completely free services. Fees are far less than banks (they would be lower but our government has made laws to prevent them to, otherwise banks couldn't compete).

They have free rewards programs and often have givaways to members (currently 2 contests, $10,000 and a $1,000 to random bayport members who use their debit card / online services)

Bottom line: You will save money if you bank with them, and if you're lucky maybe even get a little rich. They are very helpful and are extremely prompt and quick to responding to any question or loan request. They have tools and are very helpful with managing your budget and money if you need the help.

I'll be staying with them as long as possible.

I was previously with a larger bank who stabbed me with ridiculous fees (I found 4 faulty overdraft fees over a span of 3 months, which were later fixed after 22 days and hours worth of customer service) not to mention limited benefits from banking with them. It seems almost obvious that the 4 fault overdraft fees were not mistakes, and right then I decided I wasn't going to bank with them any longer. Bayport outdoes them by a long shot.

Fantastic Credit Union

Posted by: |

They have a mobile app, you can use any credit union ATM for free, and those ATM's are everywhere. Online banking is easy. They constantly have some sort of giveaway contest, fast response via phone or web chat support. Great all around, no complaints at all.

Poor Service

Posted by: |

I needed to get some financial forms notarized and certified, and even after three visits to my local branch, they were still unable to help me. I took the same forms to BB&T and completed everything in 5 minutes.

Unnecessary Fees

Posted by: |

I opened a checking and saving account in 2010 cause my mom had history there having an account for years with no problem and things were going great at first with no issue. I even had a nice savings in my savings account. The staff was very friendly! but then over a bit a time later I stop depositing into my checking account but unbeknownst me when I when to withdrawal from my savings they took it all! When I went to find out they gave me some child's excuse saying it was because I haven't been putting anything into my checking account! they even had the nerve to say that if I put anything into my checking now they would take about $50 of it! This bank runs on Unnecessary Fees!!



Health
A+

Health Grade Components

Overall
NCUA #61330
Year Chartered1928
Employees399
Primary Regulator
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD6.36%
Annual Interest Income$69.6MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.74B$1.62B
LoansQ4 2019vs Q4 2018$1.25B$1.28B
DepositsQ4 2019vs Q4 2018$1.44B$1.35B
Equity CapitalQ4 2019vs Q4 2018$199.6MM$201.2MM
Loan Loss AllowanceQ4 2019vs Q4 2018$11.7MM$11.7MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$7.7MM$9.9MM
Real Estate OwnedQ4 2019vs Q4 2018$1.6MM$2.2MM
Rates

Rates for Bayport Credit Union are currently being reviewed.

Locations

Availability



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.