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 91st largest credit union in the nation. It was established in 1936 and as of June of 2016, it had grown to 459 employees and 245,134 members at 20 locations. Langley Federal Credit Union has an A+ health rating.
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
|Return on Assets - YTD||0.53%|
|Return on Equity - YTD||4.65%|
|Annual Interest Income||$37.4MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$2.23B$2.03B|
|Loans||Q2 2016vs Q2 2015||$1.66B$1.44B|
|Deposits||Q2 2016vs Q2 2015||$1.80B$1.62B|
|Equity Capital||Q2 2016vs Q2 2015||$254.6MM$240.3MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$16.9MM$15.7MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$13.9MM$14.4MM|
|Real Estate Owned||Q2 2016vs Q2 2015||$321.00K$199.00K|
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Rates for Langley Federal Credit Union are currently being reviewed.