Bayport Credit Union

A short history of Bayport CU

Since its inception in 1928 the Bayport Credit Union has been serving its members in the Newport News, Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by George Dudley, Jr., the Bayport CU has grown its membership to over 135,569 with assets of more than $1,569,774,282. They have a main office and 24 branch offices. Please see the credit unions website or contact them by phone at (757) 928-8850 or email them at electronic@bayportcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Newport News, VA.

General Information For Bayport CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Bayport Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Hampton Roads Educ Credit Union Inc CU	Hampton Roads Educators' Credit Union	2130 Cunningham Dr	23666	(757) 838-0707	No	5.82
Riverside Health System Employees' CU	main office	500 J Clyde Morris Blvd	23601	(757) 594-2030	No	6.65
Hampton Va CU	Hampton V.A. Federal Credit Union	28 Averill Ave	23669	(757) 723-8842	No	6.72
Langley CU	Hayes Branch	3140 George Washington Memorial Hwy	23612	(757) 827-7200	No	7.97
Virginia Educators Credit Union CU	Main Street Office	812 Main St	23605	(757) 595-6765	No	8.18

Bayport Credit Union Financial Performance Charts

Financial Data

Bayport Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	7.99	2.39	2.39	3.13	3.75
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	90	70	41	37	74
Rank Among All Virginia Credit Unions	4	7	5	3	5

Bayport Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.10	0.15	0.45	0.75	0.75
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	116	119	69	215	192
Rank Among All Virginia Credit Unions	10	22	8	38	26

Bayport Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	7.990	30,017	64,896,722
All Other Unsecured Loans/Lines of Credit	2.390	25,912	78,079,073
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	6.250	245	6,714,956
New Vehicle Loans	2.390	8,732	191,105,962
Used Vehicle Loans	2.390	22,283	324,466,652
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.130	2,633	427,841,463
Total Other Real Estate Loans/Lines of Credit	3.750	1,836	48,440,575
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	3.000	2,685	26,777,715
TOTAL LOANS & LEASES		94,343	1,168,323,118

Bayport Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	252	40,705,139	49	9,486,546
b. 15 Years or less	827	93,063,923	89	14,633,836
Balloon/Hybrid
a. > 15 years	168	81,326,343	17	7,267,350
b. 15 Years or less	55	48,306,344	4	279,550
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	17	1,091,142	3	142,534
Adjustable Rate > 1 yr	1,314	163,348,572	47	10,235,743

OTHER REAL ESTATE

Closed-End Fixed Rate	328	10,012,469	49	2,129,525
Closed-End Adjustable Rate	82	1,693,712	0	0
Open-End Adjustable Rate	1,426	36,734,394	96	4,933,920
Open-End Fixed Rate	0	0	0	0
TOTALS	4,469	476,282,038	354	49,109,004

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	15	1,066,225		650,000
Interest Only & Payment Option Other RE/LOC Loans	18	1,097,067		125,000
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Bayport Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	Yes
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	Yes
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes