Overview / Commentary
757-827-5328
721 Lakefront Cmns
Newport News, VA 23606

Langley Federal Credit Union is headquartered in Newport News and is the 6th 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 2018, it had grown to 523 employees and 244,298 members at 20 locations. Langley Federal Credit Union's money market rates are 5X 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

Related Posts

Langley Federal Credit Union Adds 29-Month Promo CD - 9/20/2018

Langley Federal Credit Union (easy membership) has added a 29-month Jumbo Promotional Certificate Special, earning 3.04% APY. Minimum deposit is $50k.

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Reviews (1)

Langley FCU Smart Checking Account

Posted by: Friedwill | Aug 30, 2017

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.



Health

Health Grade Components

Overall
NCUA #1261
Year Chartered1936
Employees523
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD6.28%
Annual Interest Income$43.9MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$2.62B$2.41B
LoansQ2 2018vs Q2 2017$2.08B$1.85B
DepositsQ2 2018vs Q2 2017$2.15B$1.97B
Equity CapitalQ2 2018vs Q2 2017$283.2MM$267.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$17.6MM$17.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$15.6MM$17.6MM
Real Estate OwnedQ2 2018vs Q2 2017$833.00K$283.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%*$5$1kLangley Saves
OTHER TIERS: 0.05% $1k+
0.05%$100-Savings Account
0.05%$100-U-Win Savings

Langley Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*$250k*-Platinum Money Market Savings
OTHER TIERS: 1.26% $25k - $100k | 1.51% $100k - $250k
2.02%*$250k*-Platinum Business Money Market
OTHER TIERS: 1.26% $25k - $100k | 1.51% $100k - $250k
1.00%*$100k*-Money Market Savings
OTHER TIERS: 0.05% $100 - $2.5k | 0.10% $2.5k - $10k | 0.35% $10k - $25k | 0.50% $25k - $50k | 0.75% $50k - $100k
1.00%*$100k*-Business Money Market
OTHER TIERS: 0.05% $100 - $2.5k | 0.10% $2.5k - $10k | 0.35% $10k - $25k | 0.50% $25k - $50k | 0.75% $50k - $100k
0.50%$100-Money Market IRA

Langley Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k$1kLangleyPays Checking
0.25%$10k-Platinum Checking

Langley Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%$1k-55 Month CD Special
3.04%$1k-Business 55 Month CD Special
3.04%$50k-29 Month Jumbo Certificate
3.04%$50k-Business 29 Month Jumbo Certificate
2.73%$1k-15 Month CD Special - New Money
2.73%$1k-Business 15 Month CD Special - New Money
2.53%$1k-60 Month CD
2.53%$1k-Business 60 Month CD
2.27%$1k-48 Month CD
2.27%$1k-Business 48 Month CD
2.02%$1k-36 Month CD
2.02%$1k-Business 36 Month CD
2.02%$100k-11 Month Jumbo CD Special
2.02%$100k-Business 11 Month Jumbo CD Special
1.76%$1k-30 Month CD
1.76%$1k-Business 30 Month CD
1.66%$1k-24 Month CD
1.66%$1k-Business 24 Month CD
1.51%$1k-12 Month CD
1.51%$1k-18 Month CD
1.51%$1k-Business 12 Month CD
1.51%$1k-Business 18 Month CD
1.26%$1k-6 Month CD
1.26%$1k-Business 6 Month CD
0.75%$1k-3 Month CD
0.75%$1k-Business 3 Month CD

Langley Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%$500-55 Month IRA Special
3.04%$50k-29 Month Jumbo IRA Certificate
2.53%$500-60 Month IRA
2.27%$500-48 Month IRA
2.02%$500-36 Month IRA Special
2.02%$100k-11 Month Jumbo IRA Special
1.76%$500-30 Month IRA
1.66%$500-24 Month IRA
1.51%$500-12 Month IRA
1.51%$500-18 Month IRA
Locations

Availability



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