2024 Overview
General Credit Union Information
Bayport Cu is an NCUA insured institution located in Newport News, VA. It was founded in 1928 and has approximately $2435.29 millions in assets.
Who can join?
Membership is offered to all individuals who live, work, worship, volunteer, or attend school in the following areas as well as businesses and other legal entities in:
Cities of:
Chesapeake
Poqouson
Franklin
Portsmouth
Hampton
Suffolk
Newport News
Virginia Beach
Norfolk
Williamsburg
Counties of:
Gloucester
Southampton
Isle of Wight
Surry
James City
York
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 61330 |
| Date Established | 1928 |
| Assets | $2,435.29 million |
| Loans | $1,813.98 million |
| Deposits | $2,071.55 million |
| Capital | $271.04 million |
Field of Membership Restrictions
Membership in Bayport Credit Union is open to those who live, work, attend school, or worship in the following: (1) the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poqouson, Portsmouth, Suffolk, Virginia Beach, or Williamsburg in Virginia; (2) the counties of Gloucester, Isle of Wight, James City, Mathews, Southampton, Surry, or York in Virginia or the counties of Currituck or Gates in North Carolina.
Deposit Rates - April 16, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.15% | $2,500 | $4,999 |
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|
|
Money Market
|
0.20% | $2,500 | $2,999 |
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|
|
Money Market
|
0.25% | $10,000 | $14,999 |
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|
|
Money Market
|
0.40% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.35% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.35% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.35% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.35% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 30 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 30 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
0.60% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
0.60% | $100,000 | $199,999 |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $2,500 | $3,499 | Learn More |
Loan Rates - April 16, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for BayPort CU
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.932% | 6.750% | 0.88 | $6,000 | $2,076 | Learn More |
NMLS ID: 3030 |
7.463% | 7.375% | 0.88 | $2,800 | $2,211 | Learn More |
NMLS ID: Not a Lender |
Learn More | |||||
NMLS ID: 491986 |
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Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to BayPort CU
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Bayport Cu 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:
Columbus,Ohio
Climate Policy and Initiatives
NEWPORT NEWS SHIPBUILDING EMPLOYEES 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
Bayport Cu Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Bayport Cu. 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
| Bayport Cu | U.S. Average |
|---|---|
| 12.90% | 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, Bayport Cu had $34,682,429 in non-current loans and $2,503,548 in owned assets. To cover these potential losses it had $271,042,415 in net worth and $17,220,993 in loans loss reserves. That gives it a Texas Ratio of 12.90%.
Net Worth
| Bayport Cu | U.S. Average |
|---|---|
| 11.21% | 13.62% |
Bayport Cu FCU has a net worth of 11.21% 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 BayPort CU
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