Beach Municipal Federal Credit Union

Headquarters

4164 Virginia Beach Blvd
Virginia Beach, VA 23452
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 3.05% →
1-Year CD 0.77% 3.70% →
2-Year CD 0.90% 3.80% →
5-Year CD 1.29% 4.25% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Beach Municipal is an NCUA insured institution located in Virginia Beach, VA. It was founded in 1970 and has approximately $162.8 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 20394
Date Established 1970
Assets $162.80 million
Loans $67.09 million
Deposits $145.64 million
Capital $18.49 million
 

Field of Membership Restrictions

Must be an employee, appointed member or volunteer of the City of Virginia Beach.

Deposit Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $1,001 - Learn More
Money Market
0.25% $2,500 $9,999 Learn More
Money Market
0.35% $10,000 $24,999 Learn More
Money Market
0.50% $25,000 $99,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 - Learn More
12 Mo CD
0.77% $10,000 - Learn More
18 Mo CD
0.83% $10,000 - Learn More
24 Mo CD
0.90% $10,000 - Learn More
30 Mo CD
0.95% $10,000 - Learn More
60 Mo CD
1.29% $500 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BEACH MUNICIPAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
6.298% 6.250% 0.50 $1,272 $1,540 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
6.477% 6.375% 0.63 $2,678 $1,560 Learn More
Northpointe Bank
NMLS ID: 447490
6.440% 6.375% 0.63 $1,700 $1,560 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to BEACH MUNICIPAL
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Beach Municipal branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Beach Municipal Locations



Climate Initiatives

BEACH MUNICIPAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Beach Municipal Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Beach Municipal. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Beach Municipal U.S. Average
7.00% 4.75

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2022, Beach Municipal had $677,176 in non-current loans and $629,552 in owned assets. To cover these potential losses it had $18,493,117 in net worth and $179,055 in loans loss reserves. That gives it a Texas Ratio of 7.00%.

Net Worth
Beach Municipal U.S. Average
11.36% 12.28%

Beach Municipal FCU has a net worth of 11.36% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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