Langley Federal Credit Union

Headquarters

721 Lakefront Cmns
Newport News, VA 23606
See all branch locations →

Phone 800-826-7490

Notable Rates APY Vs.Others
Savings 0.05% 5.55% →
1-Year CD 4.75% 5.60% →
2-Year CD 4.15% 4.90% →
5-Year CD 4.25% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Langley is an NCUA insured institution located in Newport News, VA. It was founded in 1936 and has approximately $5450.25 millions in assets.

Who can join?

There are three ways to join...

Membership Through Your Employer or Organization

Sponsorship By A Family Member
Once you become a member of Langley Federal, you may sponsor any qualified member of your immediate family or household.

Membership Through Investment Areas
You may be eligible as a result of where you live, work, worship, or go to school. Langley Federal serves areas within Hampton, Newport News, Norfolk, Virginia Beach, and Williamsburg that are classified as "Investment Areas".

NCUA Insured Yes / Federally Chartered
Charter Number # # 1261
Date Established 1936
Assets $5,450.25 million
Loans $4,661.64 million
Deposits $4,597.74 million
Capital $462.32 million
 

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.

Deposit Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.05% $100 - Learn More
Money Market
0.25% $2,500 $9,999 Learn More
Money Market
0.50% $10,000 $24,999 Learn More
Money Market
5.00% $1,000,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.50% $100 - Learn More
12 Mo CD
4.75% $500 - Learn More
13 Month Special
5.30% $500 - Learn More
18 Mo CD
4.25% $500 - Learn More
24 Mo CD
4.15% $500 - Learn More
30 Mo CD
4.05% $500 - Learn More
36 Mo CD
4.00% $500 - Learn More
48 Mo CD
4.00% $500 - Learn More
60 Mo CD
4.25% $500 - Learn More

Loan Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Langley

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.994% 6.875% 0.63 $3,901 $2,103 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More
MortgageResearch.com
NMLS ID: Not a Lender
Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

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

Branches

Below are Langley 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:
Ashburn,Virginia


Langley Locations



Climate Policy and Initiatives

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


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Financial Details

Langley Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Langley. 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
Langley U.S. Average
22.89% 6.97

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 December 31, 2023, Langley had $106,085,132 in non-current loans and $4,048,345 in owned assets. To cover these potential losses it had $462,316,239 in net worth and $18,800,000 in loans loss reserves. That gives it a Texas Ratio of 22.89%.

Net Worth
Langley U.S. Average
8.75% 13.62%

Langley FCU has a net worth of 8.75% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Langley

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