Langley Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.76% | 3-year CD | 36 Month CD Special 1.85% - Synchrony Bank 36 Month CD |
| 1.76% | 3-year IRA | 36 Month IRA Special 1.08% - National Average |
| 2.53% | 5-year CD | 60 Month CD Special 2.40% - Goldman Sachs Bank USA 5 Year CD |
Langley Federal Credit Union is headquartered in Newport News and is the 5th largest credit union in the state of Virginia. It is also the 90th largest credit union in the nation. It was established in 1936 and as of June of 2017, it had grown to 502 employees and 239,096 members at 19 locations. Langley Federal Credit Union's savings rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Langley Federal Credit Union is open to anyone through joining the VersaBility Resources ($5 fee), Friends of Carrollton Library ($5 fee), Friends of Suffolk Public Library ($5 membership fee), Friends of Gloucester Library ($5 fee), Friends of Poquoson Library ($5 fee), Friends of Portsmouth Library ($5 fee), or Virginia Association of Museums ($15 fee). Membership is also open to employees, members and students of Cox Communications, County of Gloucester, Food Lion, and select area companies,organizations, or schools. (Detailed membership requirements are listed in the credit union's online application)
See current membership details
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Langley FCU Smart Checking Account
Langley Federal Credit Union has a smart checking plus account that offers me multiple benefits over the regular checking account members. These benefits include mobile banking, online bill pay, and eStatements, all of which are free. Also there is not a minimum balance and there are never any member fees or service charges. One of my favorite features that they offer is the early payday deposit. I can generally have my full paycheck available to me a day before most other people that I work with. Another benefit is that when you use their debit card they deposit $0.10 into your checking account. Also Langley waives ATM fees at other ATMs. Their interest rates for savings and checking accounts are not very good however. The best that I am aware of with them is around 1% and that is only for lower amounts. Upgrading from smart checking to smart checking plus was almost automatic, the only requirements that I remember were signing up for online statements and maintaining a minimum of $500 in your account. Overall I have enjoyed dealing with Langley Federal Credit Union over the past 12 years that I have been with them.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1261 |
| Year Chartered | 1936 |
| Employees | 502 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 5.89% |
| Annual Interest Income | $40.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $2.41B$2.23B |
| Loans | Q2 2017vs Q2 2016 | $1.85B$1.66B |
| Deposits | Q2 2017vs Q2 2016 | $1.97B$1.80B |
| Equity Capital | Q2 2017vs Q2 2016 | $267.1MM$254.6MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $17.3MM$16.9MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $17.6MM$13.9MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $283.00K$321.00K |
Always verify rates and promotions with the bank or credit union. We are not Langley 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.
Langley Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.61%* | - | $1k | Langley Saves | ||
| OTHER TIERS: 0.05% → $1k+ | |||||
| 0.05% | $100 | - | Savings Account | ||
Langley Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00% | $25k | - | Platinum Money Market Savings | ||
| 0.65%* | $100k* | - | Money Market Savings | ||
| OTHER TIERS: 0.05% → $100 - $2,500 | 0.10% → $2,500 - $10k | 0.25% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
| 0.50% | $100 | - | Money Market IRA | ||
Langley Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.61% | $1k | $1k | LangleyPays Checking | |
| 0.05% | $2,500 | - | Smart Checking Plus |
Langley Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $1k | - | 60 Month CD Special | |
| 2.53% | $1k | - | Business 60 Month CD Special | |
| 2.02% | $1k | - | 48 Month CD Special | |
| 2.02% | $1k | - | Business 48 Month CD Special | |
| 1.76% | $1k | - | 36 Month CD Special | |
| 1.76% | $1k | - | Business 36 Month CD Special | |
| 1.55% | $1k | - | 19 Month CD Special | |
| 1.55% | $1k | - | Business 19 Month CD Special | |
| 1.36% | $1k | - | 24 Month CD Special | |
| 1.36% | $1k | - | Business 24 Month CD Special | |
| 1.26% | $1k | - | 30 Month CD | |
| 1.26% | $1k | - | Business 30 Month CD | |
| 1.00% | $1k | - | 12 Month CD | |
| 1.00% | $1k | - | 18 Month CD | |
| 1.00% | $1k | - | Business 12 Month CD | |
| 1.00% | $1k | - | Business 18 Month CD | |
| 0.50% | $1k | - | 6 Month CD | |
| 0.50% | $1k | - | Business 6 Month CD | |
| 0.25% | $1k | - | 3 Month CD | |
| 0.25% | $1k | - | Business 3 Month CD |
Langley Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $500 | - | 60 Month IRA Special | |
| 2.02% | $500 | - | 48 Month IRA Special | |
| 1.76% | $500 | - | 36 Month IRA Special | |
| 1.36% | $500 | - | 24 Month IRA Special | |
| 1.26% | $500 | - | 30 Month IRA | |
| 1.00% | $500 | - | 12 Month IRA | |
| 1.00% | $500 | - | 18 Month IRA |
