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 1,405th largest credit union in the nation. It was established in 1970 and as of September of 2024, it had grown to 34 employees and 9,168 members at 2 locations. Beach Municipal Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
Must be an employee, appointed member or volunteer of the City of Virginia Beach.
See current membership details
Overall | |
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NCUA # | 20394 |
Year Chartered | 1970 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.17% |
Return on Equity - YTD | 8.91% |
Annual Interest Income | $5.2MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $166.1MM$167.1MM |
Loans | Q3 2024vs Q3 2023 | $91.5MM$81.9MM |
Deposits | Q3 2024vs Q3 2023 | $143.6MM$147.6MM |
Equity Capital | Q3 2024vs Q3 2023 | $21.6MM$18.7MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $332K$267K |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $599K$633K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Beach Municipal Federal 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50% | $0 | - | IRA Share Account | ||
0.15%* | $1k* | - | Share Account | ||
OTHER TIERS: 0.10% → $250 - $1k | |||||
0.15% | $0 | - | Long John Saver | ||
0.15% | $0 | - | Holiday Club | ||
0.15% | $0 | - | The Pipeline | ||
0.15% | $0 | - | Vacation Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.71%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.15% → $0 - $2.5k | 0.60% → $2.5k - $10k | 0.75% → $10k - $25k | 1.11% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $500 | - | Share Draft Checking Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.45%* | $2.5k* | - | 12 Month IRA Share Certificate | ||
OTHER TIERS: 2.16% → $500 - $2.5k |
Beach Municipal Federal Credit Union Locations | ||
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Branch Office | 4164 Virginia Beach Blvd | Virginia Beach, VA 23452 |
Branch Office | 2440 Princess Anne Rd | Virginia Beach, VA 23456-3409 |