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Nma Credit Union Share
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Overview Share
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Nma Credit Union is a federal credit union based in Virginia Beach, Virginia. It has been opened since 1960, for 62 years.

With around $57,640,000 in assets, Nma Credit Union is considered to be a large credit union. It has 6 branches and 5 ATM locations.

About Share
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Address 4920 Haygood Road
Virginia Beach, Virginia 23455
Website http://www.nmafcu.com
Phone (757) 497-4500
Fax (757) 497-5346
CEO Michael R. Coleman
President of the Board Ann Gallup
Services Offered
Score Card Share
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62 years
Years in business
Opened in 1960
Well Capitalized
Net worth classification
Source: NCUA
8,244 members
Membership type: Multiple common bond – primary military
Above average number of members
344:1
Credit union member to staff ratio
344 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$57,635,941
Total assets
Above average
6 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
9.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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6 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
Nma Credit Union Branch Locations

Nma Credit Union: Kemps River
5300 Kempsriver Drive Suite 100
Virginia Beach, Virginia 23464
ATM Available
Nma Credit Union: Shore Memorial
4376 Lankford Highway
Exmore, Virginia 23350
ATM Available
Nma Credit Union: Cape Charles
239 Mason Avenue
Cape Charles, Virginia 23310
ATM Available
Nma Credit Union: Haygood
4920 Haygood Road
Virginia Beach, Virginia 23455
ATM Available
Nma Credit Union: Parksley
Po Box 1422
Parksley, Virginia 23421
ATM Available
Members Share
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8,244 members
Membership type: Multiple common bond – primary military
Above average number of members

With 8,244 members, the Nma Credit Union is considered to be a large credit union. It is larger than 67% of credit unions.

Fees Share
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$97
Average fee per member
The average fee per member at the Nma Credit Union is $97, which is very high compared to most credit unions. This rate is higher than 83% 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 Nma Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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344:1
Credit union member to staff ratio
344 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
24 staff members
FTE (full-time equivalent)
8% of employees are part-time
23 full-time, 2 part-time

Nma Credit Union has 23 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 92% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Nma Credit Union has around 344 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$57,635,941
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.
9.8%
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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$10,565
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 54% of credit unions.

Nma Credit Union holds a total of $39,330,000 in loans and leases, which is about $10,565 per member on average.

Savings interest rate Share
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0.05%
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. Nma Credit Union pays 0.05%.

Loan rates Share
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9.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.00%
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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4.50%
New car loan rate
Compared to 4.0% nationally
5.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Nma Credit Union

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Nma Credit Union: Cape Charles
Credit Union Branch: 239 Mason Avenue
Cape Charles, Virginia 23310 ATM Available
Nma Credit Union: Greensville County Teachers Association
Credit Union Branch: 105 Ruffin Street
Emporia, Virginia 23847 No ATM
Nma Credit Union: Shore Memorial
Credit Union Branch: 4376 Lankford Highway
Exmore, Virginia 23350 ATM Available
Nma Credit Union: Parksley ATM
Credit Union ATM: 4747 Fm 1463 Road # 1000
Katy, Texas 77494
Nma Credit Union: Parksley ATM
Credit Union ATM: Po Box 1422
Parksley, Virginia 23421
Nma Credit Union: Parksley
Credit Union Branch: Po Box 1422
Parksley, Virginia 23421 ATM Available
Nma Credit Union: Haygood ATM
Credit Union ATM: 4920 Haygood Road
Virginia Beach, Virginia 23455
Nma Credit Union: Haygood
Credit Union Branch: 4920 Haygood Road
Virginia Beach, Virginia 23455 ATM Available
Nma Credit Union: Kemps River ATM
Credit Union ATM: 5300 Kempsriver Drive Suite 100
Virginia Beach, Virginia 23464
Nma Credit Union: Kemps River
Credit Union Branch: 5300 Kempsriver Drive Suite 100
Virginia Beach, Virginia 23464 ATM Available