NMA Federal Credit Union is headquartered in Virginia Beach and is the 60th largest credit union in the state of Virginia. It is also the 2,230th largest credit union in the nation. It was established in 1960 and as of September of 2020, it had grown to 19 employees and 7,946 members at 8 locations. NMA Federal Credit Union has a B+ health rating.
NMA is more like a local bank and to think local you would think convenience. Wrong this bank is closed on Wed. and Sat. they also closed for an hour break during the week. The bank have no local fee free ATM'S. The only good thing about this bank and the reason why I still have this bank is because it's a five minute drive from my house while the other banks in my area are a further drive. The employees are very friendly and helpful when they can.
Overall | |
---|---|
NCUA # | 13491 |
Year Chartered | 1960 |
Employees | 19 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | -1.11% |
Return on Equity - YTD | -18.58% |
Annual Interest Income | $1.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $61.5MM$57.2MM |
Loans | Q3 2020vs Q3 2019 | $28.8MM$36.2MM |
Deposits | Q3 2020vs Q3 2019 | $57.5MM$51.6MM |
Equity Capital | Q3 2020vs Q3 2019 | $3.6MM$5.5MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $344.00K$384.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $246.00K$716.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not NMA 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25% | $25 | - | IRA Share | ||
0.05%* | $2.5k* | - | Share | ||
OTHER TIERS: 0.01% → $500 - $1k | 0.02% → $1k - $2.5k | |||||
0.05% | $5 | - | Youth Account | ||
0.04% | $250 | - | Christmas Club | ||
0.04% | $250 | - | Vacation Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $100k* | - | Maxi Shares Money Market Account | ||
OTHER TIERS: 0.05% → $2.5k - $10k | 0.08% → $10k - $50k | 0.20% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $100k* | - | Premier Checking | ||
OTHER TIERS: 0.03% → $2.5k - $10k | 0.05% → $10k - $50k | 0.08% → $50k - $100k | |||||
0.02% | $2.5k | - | Share Draft Checking |
NMA Federal Credit Union Locations | ||
---|---|---|
Branch Office | 4920 Haygood Rd | Virginia Beach, VA 23455 |
Branch Office | 5300 Kempsriver Dr Ste 100 | Virginia Beach, VA 23464 |
Branch Office | 4376 Lankford Hwy | Exmore, VA 23350 |
Branch Office | 239 Mason Ave | Cape Charles, VA 23310 |
Branch Office | PO Box 1422 | Parksley, VA 23421 |
Branch Office | 105 Ruffin St | Emporia, VA 23847 |
Branch Office | 29300 Lankford Hwy | Melfa, VA 23410 |
Branch Office | 5900 E Virginia Beach Blvd | Norfolk, VA 23502-2530 |