Hampton Roads Educators’ Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.00% | 1-year CD | |
| 0.05% | Savings | 2.20% - Barclays Online Savings Account |
| 1.51% | 3-year CD | 1.87% - National Average |
Hampton Roads Educators’ Credit Union is headquartered in Hampton and is the 70th largest credit union in the state of Virginia. It is also the 2,783rd largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 12 employees and 5,304 members at 1 location. Hampton Roads Educators’ Credit Union's money market rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Hampton Roads Education Credit Union of Virginia is open to the current and retired employees and presently enrolled or home schooled students of these qualified schools and associations: Hampton City, Gloucester County, Isle of Wright County, Matthews County, Middlesex County, New Horizons Hampton Facility, Poquoson City, Surry County, Williamsburg/James City Count, Thomas Nelson Community College, and the Gloucester County Municipal Government, along with the employees and students of private schools within the Hampton Roads area, and the family members of current credit union members.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66913 |
| Year Chartered | 1954 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.22% |
| Return on Equity - YTD | 4% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $32.6MM$31.9MM |
| Loans | Q4 2018vs Q4 2017 | $14.7MM$13.3MM |
| Deposits | Q4 2018vs Q4 2017 | $30.5MM$29.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $1.8MM$1.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $152.00K$154.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $72.00K$101.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Hampton Roads Educators’ 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.
Hampton Roads Educators’ Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $1k | - | Share Savings Account | |
| 0.05% | $5 | - | Youth Share Account | |
| 0.05% | - | - | Vacation Club Account | |
| 0.05% | - | - | Holiday Club Account |
Hampton Roads Educators’ Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.90%* | $50k* | - | Tiered Money Market Savings Account | ||
| OTHER TIERS: 0.60% → $2.5k - $25k | 0.70% → $25k - $50k | |||||
Hampton Roads Educators’ Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.51% | - | - | 36 Month Share Certificate | |
| 1.26% | - | - | 24 Month Share Certificate | |
| 1.00% | - | - | 1 Year Share Certificate |
| Hampton Roads Educators’ Credit Union Locations | ||
|---|---|---|
| Branch Office | 2130 Cunningham Dr | Hampton, VA 23666 |