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

Introduction

Welcome to Newport News Shipbuilding Employees at our Portsmouth Branch! Nestled at 1241 Frederick Blvd, Portsmouth, VA 23707, we have proudly served our community since 1928, helping members achieve their financial goals. With a total membership of 155,009 and assets exceeding $2.6 billion, we stand as a trusted partner for individuals and families in Portsmouth and beyond. As you step into our branch, you're greeted by a dedicated team of 495 employees, led by our CEO, James Mears, and Board President, Maureen Davis. Their commitment to fostering strong relationships with our members drives everything we do. Whether you're looking for personal banking services, auto loans, or business financing solutions, we're here to support your financial journey. While you can visit us at our branch location, please note that official correspondence should be directed to our mailing address: 1 BayPort Way Ste 350, Newport News, VA 23606-4571. At Newport News Shipbuilding Employees, we take pride in our impressive financial health. With total deposits reaching $103,377,763 and net worth standing at $275,541,281, you can trust that your money is in safe hands. Our commitment extends beyond numbers; it's about making a positive impact in the community we serve. We invite you to explore what we have to offer by visiting us or calling at 757-928-8850. Let us help you build a brighter financial future together!

Branch History & Mission

At Newport News Shipbuilding Employees, our journey began in 1928 with a simple yet powerful vision: to provide exceptional financial services to our members and support the community we call home. Located at 1241 Frederick Blvd, Portsmouth, VA 23707, our branch has evolved over the years, growing alongside our valued members. From humble beginnings to becoming a trusted institution with total assets of $2,667,413,718, we take pride in our rich legacy. As we moved through the decades, our commitment to excellence remained steadfast. Today, we proudly serve over 155,009 members, offering a wide array of services from personal banking and auto loans to business banking solutions. Our mission is clear: to empower individuals and families by providing accessible financial resources while promoting community development. This mission is not just words; it's the driving force behind everything we do. While members can visit us at 1241 Frederick Blvd Portsmouth Va 23707, official correspondence should be sent to 1 BayPort Way Ste 350, Newport News, VA 23606-4571. We are dedicated to ensuring that every interaction you have with us is meaningful and beneficial. Our operating hours are designed for your convenience: Monday through Thursday from 9:00 AM to 5:30 PM and Friday from 9:00 AM to 6:00 PM. In addition to traditional banking services, we embrace modern technology with features like online and mobile banking. We prioritize accessibility for all our members, maintaining ADA compliance and customer-friendly initiatives. While we currently do not offer ATM or drive-thru services, our team is always ready to assist you personally. Our commitment extends beyond financial transactions; it encompasses active community engagement as well. Through partnerships and outreach programs, we strive to uplift those around us, embodying the spirit of cooperation that credit unions stand for. Join us at Newport News Shipbuilding Employees and experience firsthand how we blend financial expertise with heartfelt community service. Together, let's build a brighter future for you and your family! For inquiries or assistance, feel free to call us at (757) 928-8850 or visit our website at BayPort Credit Union.

Branch Location & Accessibility

Banking Hours Tailored for You

We understand how busy life can be! That's why we're open Monday through Thursday from 9:00 am to 5:30 pm, and on Friday from 9:00 am to 6:00 pm. Our friendly staff is ready to assist you during these hours. If you have questions or need assistance outside of these times, feel free to call us at 757-928-8850; we're here to help!

Comprehensive Banking Services

At Newport News Shipbuilding Employees, we offer a wide range of services tailored just for you. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we cover it all. Need a credit card? We provide credit cards with rewards too! For businesses, our merchant services and business loans are designed to support your growth. Plus, enjoy the convenience of online and mobile banking anytime! We invite you to visit us soon at our Portsmouth Branch or give us a call with any questions. Let us help you achieve your financial goals today!

Easy Access and Amenities

At our Portsmouth Branch, we prioritize accessibility for all our members. The branch is designed with ADA compliance in mind, featuring ramps and spacious parking areas for your convenience. You'll find ample parking available so you can easily access our lobby without any hassle.

Member Eligibility

At Newport News Shipbuilding Employees, we believe that becoming a member means joining a warm and welcoming community where your financial well-being is our top priority. If you're interested in membership, the good news is that eligibility is straightforward! You can become a member if you are an employee or retiree of Newport News Shipbuilding or if you are a family member of someone who is. This means you can share the benefits of being part of our cooperative with your loved ones too! We offer a variety of services designed to help you achieve your financial goals, from personal banking to auto loans and mortgage refinancing. Ready to take the next step? Opening an account with us is easy! You can find all the details about membership eligibility by visiting this link. For further assistance, feel free to reach out to us at 757-928-8850. We can't wait to welcome you into our family at Newport News Shipbuilding Employees, located at 1241 Frederick Blvd, Portsmouth, VA 23707!

Business Banking & Commercial Services

Business Loan Options

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

In today's fast-paced world, efficient payment processing can make all the difference. Our merchant services simplify transactions, allowing you to focus on what you do best running your business. Imagine a busy day at your café where customers can pay seamlessly using their cards or mobile devices. With our services, you'll be equipped to handle all payment methods, making it easier for your customers to choose you time and again. With our expert team here at Newport News Shipbuilding Employees, located at 1241 Frederick Blvd Portsmouth Va 23707, Portsmouth, VA 23707, you can trust that you have a partner who genuinely cares about your success. Let's work together to bring your business goals to life!

Comprehensive List Of Services

Accessibility

While we currently do not have ATM or drive-thru services at this branch location, our comprehensive digital banking options ensure that accessing your funds is never an issue. You can rest assured knowing that we prioritize both security and ease of access for all your financial transactions. If you're ready to explore how Newport News Shipbuilding Employees can support your financial journey or if you have any questions about our services, feel free to reach out! Call us at (757) 928-8850, visit us at 1241 Frederick Blvd Portsmouth Va 23707, or check out our website at Portsmouth Branch. Your financial well-being is our top priority!

Lending Solutions

If you're facing unexpected expenses or want to consolidate debt, our personal loans provide flexible solutions tailored to your circumstances. Plus, with our credit cards offering rewards, you can earn while you spend turning everyday purchases into exciting benefits! For entrepreneurs and small business owners, we have a suite of business banking services available. From merchant services that make transactions easy for your customers to business loans that fuel growth, we're committed to supporting local businesses in our community.

Online and Mobile Banking

In today's fast-paced world, managing your money should be simple and convenient. That's why Newport News Shipbuilding Employees offers robust online and mobile banking features. With just a few clicks on your device, you can check balances, transfer funds, pay bills, and even make person-to-person payments easily. Our mobile app ensures that banking is always at your fingertips perfect for busy lifestyles!

Personal Banking

Whether you're just starting out or planning for the future, our personal banking services are designed to help you manage your finances effectively. We offer various checking and savings accounts that cater to different lifestyles. For those looking to make a significant purchase, like a car, our auto loans and vehicle financing options can help get you behind the wheel without breaking the bank. When it comes to homeownership, we understand that securing the right mortgage loan or refinancing your existing one is crucial. Our experienced advisors are here to walk you through the process, making it as straightforward as possible.

Digital & Online Banking

Accessibility & Security

We prioritize your safety while providing these services. Our online banking system is equipped with robust security measures to protect your personal information. You can enjoy peace of mind knowing that you have secure access to real-time account management right at your fingertips. With all these features available through Newport News Shipbuilding Employees, managing your finances has never been easier. Experience the convenience today by visiting us at https://www.bayportcu.org/!

Key Features

Our user-friendly mobile application allows you to check balances, transfer funds, and pay bills right from your smartphone. Plus, with features like person-to-person transfers, you can send money quickly and easily to friends or family no cash needed! If you're looking for extra security, we also support electronic signature authorization, so you can sign documents from anywhere without any hassle. Keeping track of your financial statements is simpler than ever with e-statements. You can access your account statements anytime and reduce paper clutter in the process. And if you prefer making payments directly from your mobile device, our mobile payments feature has you covered, ensuring that transactions are quick 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 understand that our financial strength directly impacts your trust and confidence in us as your credit union. 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 and stronger lending options to serve our members better. Our lending capacity supports your financial goals across various sectors with $27,886 in used auto loans and an impressive $2,005,942,557 in total loans and leases. Our $11,232,596 net income reflects our operational efficiency. This enables 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. The total share accounts stand at an impressive 319,185, showing a strong and growing member base that trusts us with their finances. 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 1241 Frederick Blvd Portsmouth Va 23707 or call 757-928-8850 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer 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 eyeing a reliable used vehicle or a brand-new ride, our competitive rates and flexible terms make it easy to drive away with confidence.

Business Financing

For business owners, our outstanding commercial loans totaling $230,723,722 provide the capital needed to grow and expand. Whether you are starting a new venture or looking to enhance your current operations, our team is here to support your business needs.

Credit Lines and Unsecured Loans

For those who need quick access to funds, our credit lines provide the flexibility you need with a total of $886,367,451 available to assist members in managing their finances effectively. Additionally, we offer flexible terms on unsecured credit card loans, with a total of $110,646,466 in loans helping members navigate their expenses without the burden of collateral.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $270,637,026, make buying or refinancing simple. We are dedicated to guiding you through the process and ensuring that you find the best financing solution for your new home.

Refinancing Options

If you're considering refinancing any existing loans or exploring eligibility options for any of our products, please don't hesitate to reach out. Our experienced staff is ready to assist you in understanding all available options tailored just for you. If you have questions or need assistance, feel free to call us at (757) 928-8850. Our branch is conveniently located at 1241 Frederick Blvd Portsmouth Va 23707, Portsmouth, VA, where we serve our members Monday through Thursday from 9:00 am to 5:30 pm and Friday until 6:00 pm. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Join us today at Newport News Shipbuilding Employees and discover how our loan offerings can help you meet your financial goals!

Loan Aggregator

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Newport News Shipbuilding Employees