Newport News Mun. Emp Credit Union

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A short history of Newport News Mun. Emp CU

Since its inception in 1950 the Newport News Mun. Emp Credit Union has been serving its members in the Newport News, Virginia 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 Edna McDuffie, the Newport News Mun. Emp CU has grown its membership to over 5,256 with assets of more than $40,507,642. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (757) 249-1003 or email them at nnmecu@verizon.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Newport News, VA.

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

Charter Number 66970
Address 502 Operations Drive 
City Newport News 
State Virginia 
Zip-Code 23602
Phone Number (757) 249-1003
Fax Number (757) 249-1202
Email Address: nnmecu@verizon.net
CEO/President Edna McDuffie
Members 5,256 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 40,507,642 
Website http://www.nnmecu.org 

Compare Newport News Mun. Emp Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Virginia Educators Credit Union CU Main Street Office 812 Main St 23605 (757) 595-6765 No 2.22
1st Advantage CU 1A Plaza, Kiln Creek Branch 110 Cybernetics Way 23609 (757) 877-2444 No 2.71
Langley CU Hayes Branch 3140 George Washington Memorial Hwy 23612 (757) 827-7200 No 2.87
Bayport Credit Union CU Chesapeake Branch 2445 Old Taylor Rd 23607 (757) 928-8850 No 3.02
Riverside Health System Employees' CU main office 500 J Clyde Morris Blvd 23601 (757) 594-2030 No 3.76

Newport News Mun. Emp Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Newport News Mun. Emp 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 7.49 2.95 3.11 3.65 4.04
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 63 139 104 88 106
Rank Among All Virginia Credit Unions 2 18 15 14 12

Newport News Mun. Emp Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A N/A N/A 0.05 0.02
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A N/A N/A 340 295
Rank Among All Virginia Credit Unions N/A N/A N/A 58 48
Newport News Mun. Emp Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.4901,1072,051,432
All Other Unsecured Loans/Lines of Credit 11.4509202,541,008
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9503183,495,523
Used Vehicle Loans 3.1104053,243,749
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.650908,980,634
Total Other Real Estate Loans/Lines of Credit 4.040371,110,846
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.64052371,539
TOTAL LOANS & LEASES 2,92921,794,731

Newport News Mun. Emp 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 0000
    b. 15 Years or less 281,476,66700
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 627,503,9671124,800

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 371,110,84600
Open-End Fixed Rate 0000
TOTALS 12710,091,4801124,800

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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