Nova Credit Union

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A short history of Nova CU

Since its inception in 1934 the Nova Credit Union has been serving its members in the CHARLOTTE, North Carolina 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 JOY WATTS, the Nova CU has grown its membership to over 13,706 with assets of more than $113,183,619. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (704) 392-3418 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHARLOTTE, NC.

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

Charter Number 63425
State North Carolina 
Zip-Code 28208
Phone Number (704) 392-3418
Fax Number (704) 409-2220
Email Address: none
Members 13,706 
Full-Time Employees 47 
Part-Time Employees
Number of Branch Offices
Total Assets 113,183,619 

Compare Nova Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Carolinas Telco CU Crisman Street 2821 Crisman St 28266 (704) 391-5600 No 1.25
First Legacy Community CU Gastonia 405 S Chester ST 28052 (704) 917-0115 No 3.00
Blue Flame CU Charlotte 4301 Yancey Rd 28220 (704) 523-0075 No 3.73
Charlotte Metro CU Huntersville 16649 Statesville Rd 28078 (704) 375-0183 No 4.82
Charlotte Fire Department CU CorporateOffice 2100 Commonwealth Ave 28205 (704) 375-3950 No 5.68

Nova Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Nova 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 9.90 5.50 5.50 5.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 449 384 268 341
Rank Among All North Carolina Credit Unions 15 41 35 26 19

Nova Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.15 0.35 0.40 0.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 119 89 284 211
Rank Among All North Carolina Credit Unions 12 12 14 29 15
Nova Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9002,2463,624,570
All Other Unsecured Loans/Lines of Credit 13.0001,2473,348,776
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.5001803,327,940
Used Vehicle Loans 5.5001,64819,336,261
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.00034431,013,049
Total Other Real Estate Loans/Lines of Credit 6.0001953,930,137
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0001451,152,646
TOTAL LOANS & LEASES 6,00565,733,379

Nova Credit Union Real Estate Loans and Lines of Credit


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 12312,639,5094817,788
    b. 15 Years or less 946,204,7595481,220
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 11310,824,33800
Adjustable Rate > 1 yr 141,344,44300


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1643,273,7103175,378
Open-End Fixed Rate 31656,42700
TOTALS 53934,943,186121,474,386


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

Nova 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes