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Baylands Family Credit Union Share
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Overview Share
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Baylands Family Credit Union is a federally insured state credit union based in West Point, Virginia. It has been opened since 1946, for 76 years.

With around $79,560,000 in assets, Baylands Family Credit Union is considered to be a large credit union. It has 4 branches and 3 ATM locations.

About Share
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Address Po Box 392
West Point, Virginia 23181
Website http://www.baylandsfcu.org
Phone (804) 843-2520
Fax (804) 843-4859
CEO Christopher R. Burgess
President of the Board John Heslink
Services Offered
Score Card Share
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76 years
Years in business
Opened in 1946
Well Capitalized
Net worth classification
Source: NCUA
6,361 members
Membership type: State chartered natural person credit union
Above average number of members
172:1
Credit union member to staff ratio
172 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$79,562,475
Total assets
Above average
4 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
9.34%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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4 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
Baylands Family Credit Union Branch Locations

Baylands Family Credit Union: Chesterfield Branch
7119 Jefferson Davis Highway
North Chesterfield, Virginia 23237
No ATM
Baylands Family Credit Union: James City-Norge Branch
7031 Richmond Road
Williamsburg, Virginia 23188
ATM Available
Baylands Family Credit Union: West Point Branch
2004 Main Street
West Point, Virginia 23181
ATM Available
Baylands Family Credit Union: New Kent Branch
2111 Pocahontas Trl
Quinton, Virginia 23141
ATM Available
Members Share
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6,361 members
Membership type: State chartered natural person credit union
Above average number of members

With 6,361 members, the Baylands Family Credit Union is considered to be a large credit union. It is larger than 62% of credit unions.

Fees Share
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$159
Average fee per member
The average fee per member at the Baylands Family Credit Union is $159, which is very high compared to most credit unions. This rate is higher than 97% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Baylands Family Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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172:1
Credit union member to staff ratio
172 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
37 staff members
FTE (full-time equivalent)
10% of employees are part-time
35 full-time, 4 part-time

Baylands Family Credit Union has 35 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Baylands Family Credit Union has around 172 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$79,562,475
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.3%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$12,707
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 69% of credit unions.

Baylands Family Credit Union holds a total of $57,870,000 in loans and leases, which is about $12,707 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Baylands Family Credit Union pays 0.10%.

Loan rates Share
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9.34%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.83%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.01%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.72%
New car loan rate
Compared to 4.0% nationally
4.86%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.91%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.61%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Baylands Family Credit Union
Credit Union: Well Capitalized West Point, Virginia 6361.0 $80 million Well Capitalized
Baylands Family Credit Union: Chesterfield Branch
Credit Union Branch: 7119 Jefferson Davis Highway
North Chesterfield, Virginia 23237 No ATM
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Baylands Family Credit Union: New Kent Branch ATM
Credit Union ATM: 2111 Pocahontas Trl
Quinton, Virginia 23141
Baylands Family Credit Union: James City-Norge Branch ATM
Credit Union ATM: 7031 Richmond Road
Williamsburg, Virginia 23188
Baylands Family Credit Union: James City-Norge Branch
Credit Union Branch: 7031 Richmond Road
Williamsburg, Virginia 23188 ATM Available
Baylands Family Credit Union: West Point Branch ATM
Credit Union ATM: 2004 Main Street
West Point, Virginia 23181
Baylands Family Credit Union: New Kent Branch
Credit Union Branch: 2111 Pocahontas Trl
Quinton, Virginia 23141 ATM Available
Baylands Family Credit Union: West Point Branch
Credit Union Branch: 2004 Main Street
West Point, Virginia 23181 ATM Available
Family Bank
Bank: Pelham, Georgia 261270679.0