Blue Eagle Credit Union is headquartered in Roanoke and is the 36th largest credit union in the state of Virginia. It is also the 1,167th largest credit union in the nation. It was established in 1948 and as of June of 2024, it had grown to 72 employees and 18,207 members at 7 locations. Blue Eagle Credit Union has an A+ health rating.
Field of Membership Restrictions
Blue Eagle Credit Union is open to those who live, work, worship, volunteer, or attend school in the Virginia counties of Amherst, Appomattox, Bedford, Botetourt, Campbell, Craig, Franklin, or Roanoke, or the Virginia towns of Altavista, Bedford, Lynchburg, Roanoke, Salem, or Vinton. Immediate family and household members of a current Credit Union member are also eligible to join.
See current membership details
The Fees Are Horrible
I used Blue Eagle for a long time. It had been my main account from a small child onward to adulthood. Blue eagle was my main money account until I chose to go somewhere more local. However, I kept the account open because, savings, right? I was wrong!
I have basically lost over 200$+ to fees for not using my checking account. Fine, I'll buy something to stop the fees. NOPE, cant buy anything because the card is "inactive" even though It's still under the time slot allowed. So not only do they fee you a ridiculous amount for forgetting you had an account, they make it next to impossible to revive said account in order to stop said fees.
They also flag absolutely everything. As a Video Gamer, sometimes my gaming habits have me buy things overseas, and boy do they throw a hissy fit even if it's a well known brand, or i have purchased from them repeatedly.
I closed my checking account and am on the verge of never using Blue Eagle again. I have also heard that they are getting rid of most of the live help in their locations. While I don't mind online banking, I do have an issue with having a physical location bank with no one in it.
Do not bank here if you are a gamer, like live help, or wish to keep your money.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68629 |
| Year Chartered | 1948 |
| Employees | 72 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 9.73% |
| Annual Interest Income | $6.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $233.8MM$216.6MM |
| Loans | Q2 2024vs Q2 2023 | $185.3MM$169.1MM |
| Deposits | Q2 2024vs Q2 2023 | $205.1MM$192MM |
| Equity Capital | Q2 2024vs Q2 2023 | $25.2MM$22.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $2.1MM$2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $59K$78K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |