Beach Municipal Federal Credit Union


Overview / Commentary
757-333-7787
4164 Virginia Beach Blvd
Virginia Beach, VA 23452

Beach Municipal Federal Credit Union is headquartered in Virginia Beach and is the 40th largest credit union in the state of Virginia. It is also the 1,392nd largest credit union in the nation. It was established in 1970 and as of December of 2022, it had grown to 31 employees and 9,240 members at 2 locations. Beach Municipal Federal Credit Union has an A health rating.

Field of Membership Restrictions

Must be an employee, appointed member or volunteer of the City of Virginia Beach.
See current membership details

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Health

Health Grade Components

Overall
NCUA #20394
Year Chartered1970
Employees31
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.21%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$168.1MM$163.2MM
LoansQ4 2022vs Q4 2021$74.2MM$66.8MM
DepositsQ4 2022vs Q4 2021$149.7MM$145.6MM
Equity CapitalQ4 2022vs Q4 2021$17.5MM$16.7MM
Loan Loss AllowanceQ4 2022vs Q4 2021$264.00K$156.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$493.00K$575.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0
Rates

Rates for Beach Municipal Federal Credit Union are currently being reviewed.

Locations


Beach Municipal Federal Credit Union Locations
Branch Office4164 Virginia Beach BlvdVirginia Beach, VA 23452
Branch Office2440 Princess Anne RdVirginia Beach, VA 23456-3409

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