Norfolk Municipal

Headquarters

5957 E Virginia Beach Blvd Ste 14
Norfolk, VA 23502
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Norfolk Municipal is an NCUA insured institution located in Norfolk, VA. It was founded in 1957 and has approximately $26.2 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 11951
Date Established 1957
Assets $26.20 million
Loans $8.36 million
Deposits $23.60 million
Capital $2.42 million
 

Deposit Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Norfolk Municipal

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Note to Norfolk Municipal
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Advertiser Disclosure

Loan Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for NORFOLK MUNICIPAL

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



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Featured - Connecticut Home Equity Line Of Credit Rates 2021

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


 

Branches

Below are Norfolk 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


Norfolk Municipal Locations


Financial Details

Norfolk Municipal Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Norfolk 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
Norfolk Municipal U.S. Average
0.05% 5.40

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, 2020, Norfolk Municipal had $1,340 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,419,306 in net worth and $157,925 in loans loss reserves. That gives it a Texas Ratio of 0.05%.

Net Worth
Norfolk Municipal U.S. Average
9.23% 12.67%

Norfolk Municipal FCU has a net worth of 9.23% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Norfolk Municipal

Branches and Savings

What is Norfolk Municipal?

A federal credit union, registered with the NCUA under certificate #11951.
Learn more about credit unions here.

Is Norfolk Municipal FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Norfolk Municipal is insured by the NCUA.

Who can join Norfolk Municipal?

Please see Field of Membership information above for information on who is eligible to join.

What are Norfolk Municipal's share account and share certificate rates?

Norfolk Municipal's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Norfolk Municipal?

Norfolk Municipal has total capital of $2.42 million. Full information on Norfolk Municipal's financial position is located above.

Who owns Norfolk Municipal?

Credit Unions are owned by their members.

Where are Norfolk Municipal branches located?

See branch locations nearby.

Are Norfolk Municipal ATMs Open 24/7?

Do Norfolk Municipal ATMs accept cash deposits?

Can Norfolk Municipal customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Norfolk Municipal have a mobile app?

Does Norfolk Municipal have mobile deposit?

Does Norfolk Municipal have quick pay?

How can Norfolk Municipal transfer money to other banks or credit unions?

Does Norfolk Municipal report to credit bureaus?

Does Norfolk Municipal use Chexsystems?

Does Norfolk Municipal use Equifax?

What is Norfolk Municipal's toll free phone number?

What is Norfolk Municipal's ACH Routing Number?

What is Norfolk Municipal's SWIFT code?

Where can I find Norfolk Municipal's wire transfer form?

What is the Norfolk Municipal address for deposits?

What Products Does Norfolk Municipal Offer

Does Norfolk Municipal offer mortgages?

Compare mortgage rates here.

Does Norfolk Municipal offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Norfolk Municipal offer auto and RV loans?

Compare auto loan rates here.

Does Norfolk Municipal offer student loans or personal loans?

Compare personal loan rates here.

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