Bay Credit Union

A short history of Bay CU

Since its inception in 1952 the Bay Credit Union has been serving its members in the PANAMA CITY, Florida 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 Ray Crisp, the Bay CU has grown its membership to over 9,956 with assets of more than $84,226,453. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (850) 785-6103 or email them at president@baycu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PANAMA CITY, FL.

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

Compare Bay Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Panhandle Educators CU	Panhandle Educators FCU	4295 N Highway 231	32404	(850) 818-0720	No	2.88
Tyndall CU	Tyndall Air Force Base Branch	Building 913	32403	(850) 769-9999	No	3.32
Innovations CU	Innovations FCU	2250 S Highway 77	32444	(850) 233-4400	No	6.10

Bay Credit Union Financial Performance Charts

Financial Data

Bay 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	10.42	3.83	6.15	5.42	2.95
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	289	255	458	317	22
Rank Among All Florida Credit Unions	34	52	69	50	3

Bay Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.08	0.07	0.10	1.08	0.79
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	120	136	134	157	187
Rank Among All Florida Credit Unions	12	21	27	22	20

Bay Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	10.420	2,201	4,593,402
All Other Unsecured Loans/Lines of Credit	8.150	556	1,853,108
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.830	1,214	18,875,596
Used Vehicle Loans	6.150	1,247	11,840,365
Total 1st Mortgage Real Estate Loans/Lines of Credit	5.420	159	12,363,365
Total Other Real Estate Loans/Lines of Credit	2.950	24	721,438
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.490	390	6,325,073
TOTAL LOANS & LEASES		5,791	56,572,347

Bay 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	68	6,757,916	5	732,920
b. 15 Years or less	81	4,527,246	7	607,920
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	7	1,057,622	0	0
Adjustable Rate > 1 yr	3	20,581	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	4	78,521	0	0
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	20	642,917	0	0
Open-End Fixed Rate	0	0	0	0
TOTALS	183	13,084,803	12	1,340,840

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Bay Credit Union Member Offerings

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