Newport News Shipbuilding CU Chesapeake VA | Affordable Auto Loans & Business Banking

Introduction

At Newport News Shipbuilding Employees, we understand that financial needs can vary greatly from one member to another. Located at 1000 Cedar Rd, Chesapeake, VA 23322, our Cedar Road Branch has been proudly serving our community since 1928. With a commitment to fostering financial wellness and offering tailored solutions, we currently support a thriving membership of over 155,000 individuals. Our strength lies in our resources. With total assets amounting to an impressive $2,667,413,718, and total deposits reaching $103,377,763, we are dedicated to providing a safe and reliable banking environment for all our members. We also have a robust loan portfolio with 129,745 loans and leases available to help you achieve your financial goals. Under the leadership of CEO James Mears and Board President Maureen Davis, we prioritize transparency and community involvement. Our team of 495 employees is here to assist you with everything from personal banking needs like checking and savings accounts to business loans tailored for local enterprises. For your convenience, while members can visit us at our branch address, official correspondence should be directed to our mailing address at 1 BayPort Way, Suite 350, Newport News, VA 23606. We invite you to explore how we can support your financial journey. Visit our website at BayPortCU.org or give us a call at 757-928-8850. Whether you're looking for auto loans, mortgages, or simply want to open a new account, we're here for you every step of the way!

Branch History & Mission

Community Engagement

Our commitment extends beyond financial services; we actively engage with the community through partnerships and outreach programs. By participating in local events and supporting charitable initiatives, we work tirelessly to uplift those around us. Our philosophy emphasizes that when one member succeeds, the entire community thrives. As we look toward the future, we invite you to join us on this incredible journey. Experience the benefits of being part of a credit union that truly cares about its members and their aspirations. Discover how Newport News Shipbuilding Employees can help you achieve your financial goals today! For more information or to get started with us, please contact us at 757-928-8850 or visit our website at BayPort Credit Union.

Our Mission

The mission of Newport News Shipbuilding Employees is simple yet profound: we strive to improve the financial well-being of our members while fostering a supportive community spirit. We believe in offering more than just traditional banking services; we aim to build lasting relationships based on trust and mutual benefit. Whether you're seeking a checking account, auto loan, mortgage refinancing, or business banking solutions, we are here to support your journey every step of the way. In addition to our core services such as personal loans and credit cards with rewards we continually embrace advancements in technology to enhance member experiences. With features like online banking, mobile payments, and e-statements, managing your finances has never been easier or more convenient. We prioritize accessibility by ensuring that our facilities meet ADA compliance standards and offering drive-thru banking for quick transactions.

Branch Location & Accessibility

Easy Access and Parking

We understand that accessibility is important. Our branch features ample parking, including spaces designed for easy access. For those who require additional support, we proudly offer ADA-compliant facilities to ensure everyone can visit us comfortably.

Operating Hours That Fit Your Schedule

At our Cedar Road Branch, we strive to make banking as convenient as possible. Our doors are open Monday through Thursday from 9:00 AM to 5:30 PM and on Fridays until 6:00 PM. If you need assistance outside of these hours, don't hesitate to reach out via phone at 757-928-8850.

Services Tailored for You

While visiting us, take advantage of our full range of services designed with you in mind. From personal banking options such as checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Plus, enjoy the ease of our drive-thru banking for quick deposits and withdrawals without leaving your car. For those who prefer digital solutions, our ATM is readily available for cash withdrawals and balance checks. We also offer online and mobile banking services so you can manage your finances anytime, anywhere.

Stay Connected

While members can visit us at the Cedar Road location, please note that official correspondence should be sent to our mailing address: 1 BayPort Way, Suite 350, Newport News, VA 23606. We invite you to come by and experience the friendly service that sets Newport News Shipbuilding Employees apart. Feel free to call us or drop in during operating hours we're here to help!

Member Eligibility

At Newport News Shipbuilding Employees, we believe that becoming a member means joining a family that cares about your financial well-being. If you're looking to be part of a supportive community, you'll be pleased to know that eligibility is open to individuals who have a connection with our mission. Whether you're an employee or retiree of Newport News Shipbuilding, a family member of a current member, or even someone living in the surrounding areas, we invite you to explore membership with us! This gives you access to personalized banking services designed to meet your needs and help you achieve your financial goals. Joining is as easy as picking up the phone! Just call us at (757) 928-8850 for any questions, or visit us at our convenient location: 1000 Cedar Rd Chesapeake Va 23322. You can also find detailed eligibility criteria on our website at . We can't wait to welcome you into the Newport News Shipbuilding Employees family!

Business Banking & Commercial Services

Financing Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $373 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $4 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $230,723,722, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

In today's fast-paced world, having reliable payment solutions is crucial for any business. Our merchant services offer seamless payment processing so you can focus on what you do best running your business. Imagine being able to accept payments easily while managing transactions with just a few clicks. That's the power of our merchant services at Newport News Shipbuilding Employees, located at 1000 Cedar Rd Chesapeake Va 23322 in Chesapeake, VA. Explore how our business banking solutions can empower your enterprise today! Reach us at (757) 928-8850 or visit us online at https://www.bayportcu.org/.

Comprehensive List Of Services

Business Banking Support

For those running their own businesses, we offer comprehensive Business Banking solutions including Merchant Services & Business Loans. We recognize that every business has unique needs; that's why we tailor our services to fit yours.

Convenient Access Anytime

At Newport News Shipbuilding Employees, convenience is key. Our branch features both an ATM and Drive-Thru Banking, allowing for simple transactions like deposits and withdrawals without stepping inside the branch. If you're on the go and need quick access to cash or balance checks, our ATM service is available at all hours for your comfort. We invite you to experience these services firsthand at Cedar Road Branch! If you have any questions or want to explore how we can assist you further, please don't hesitate to reach out at (757) 928-8850. Your financial success is our priority, and we're here to support you every step of the way!

Credit Cards That Reward You

Don't forget about our Credit Cards with Rewards! Whether it's cash back on everyday purchases or travel points for your next vacation, our credit cards are designed to add value while giving you flexibility.

Home Sweet Home

Thinking about buying a home? Our Mortgage Loans & Refinancing services are here to guide you through the process smoothly. We know that securing a mortgage can feel daunting, but with our expert advice and personalized service, you'll find the right loan for your situation.

Personal Banking Solutions

We understand that managing finances can sometimes be overwhelming. That's why our personal banking services include Checking & Savings Accounts designed to help you save while earning interest. Imagine having an account where you can easily access your funds anytime through our user-friendly Online & Mobile Banking options. You can check balances, transfer money, and even make mobile payments from the convenience of your smartphone.

Vehicle Financing Made Easy

If you're considering purchasing a vehicle, look no further than our Auto Loans & Vehicle Financing options. We offer competitive rates that make driving off in your dream car more accessible than ever. Plus, if you're already a proud car owner looking to consolidate debt or manage expenses, our Personal Loans & Debt Consolidation services can provide the support you need.

Digital & Online Banking

Key Features

We've made it simple for you to manage your accounts with features like electronic signature authorization, allowing you to sign documents securely from your device. Plus, our e-statements mean you can say goodbye to paper clutter and keep all your financial information organized in one place. Want to make payments quickly? Our mobile payments feature lets you send money seamlessly through your smartphone. If you're looking to split a bill or send funds to a friend, our person-to-person transfer option is perfect for quick transactions.

Mobile Application

Don't forget about our user-friendly mobile application! It brings all these features right to your pocket, so you can bank on the go. Whether it's checking account balances or transferring funds between accounts, everything is streamlined for easy navigation. At Newport News Shipbuilding Employees, we're committed to making banking accessible and straightforward for our members. Join us today and discover how our digital banking services can enhance your financial experience while keeping it secure and efficient!

Financial Strength

At Newport News Shipbuilding Employees, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We want to assure you that our credit union is built on a foundation of solid financial health and a commitment to serving you well. With a net worth of $275,541,281, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1062 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $556,472,409 in share certificates and $506,776,437 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $146,982,529 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is impressive as well; we have $27,886 in used auto loans and $2,005,942,557 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is highlighted by our net income of $11,232,596, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 474 full-time employees and 21 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $0. Total Share Accounts: 319,185, showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Newport News Shipbuilding Employees is your trusted partner. Visit us at 1000 Cedar Rd Chesapeake Va 23322 or call 757-928-8850 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans feature some of the lowest rates in the industry, with over $521,429,456 in used vehicle loans and $168,629,143 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, our flexible terms make it easier than ever.

Business Loans

For business owners looking for capital to grow and expand, our outstanding commercial loans totaling $230,723,722 are available. We understand the unique challenges faced by businesses today and aim to provide solutions that help you thrive.

Eligibility and Refinancing Options

If you're considering refinancing or exploring eligibility options for any of our loan products, we're here to assist you every step of the way. Our team is dedicated to providing personalized support and guidance tailored to your financial situation. No matter what your needs are whether it's purchasing a vehicle or securing a mortgage Newport News Shipbuilding Employees has the products and expertise to help you succeed financially. For more information or to discuss how we can meet your specific borrowing needs, give us a call at 757-928-8850 or visit us at 1000 Cedar Rd Chesapeake VA 23322.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $270,637,026, making buying or refinancing simple. We offer competitive rates and personalized service to ensure you find the right mortgage solution for your situation.

Unsecured Credit Card Loans

We also provide flexible terms on unsecured credit card loans, with a total of $110,646,466 in loans helping members manage their finances effectively. These cards come with benefits that allow you to make purchases while enjoying manageable repayment options.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This rigorous sourcing process guarantees that all loan offers presented are fair and transparent, ensuring that users have access to reliable information.

Newport News Shipbuilding Employees