Virginia Educators Credit Union

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A short history of Virginia Educators CU

Since its inception in 1954 the Virginia Educators 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 Sharon Conti, the Virginia Educators CU has grown its membership to over 6,568 with assets of more than $66,400,313. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (757) 930-2425 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 NEWPORT NEWS, VA.

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

Charter Number 66700
Address 12626 NETTLES DR 
State Virginia 
Zip-Code 23606
Phone Number (757) 930-2425
Fax Number (757) 930-1108
Email Address: none
CEO/President Sharon Conti
Members 6,568 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 66,400,313 

Compare Virginia Educators Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Riverside Health System Employees' CU main office 500 J Clyde Morris Blvd 23601 (757) 594-2030 No 2.41
Langley CU Hayes Branch 3140 George Washington Memorial Hwy 23612 (757) 827-7200 No 3.37
Bayport Credit Union CU Chesapeake Branch 2445 Old Taylor Rd 23607 (757) 928-8850 No 3.42
Newport News Mun. Emp Credit Union CU Main Office 502 Operations Dr 23602 (757) 249-1003 No 3.45
1st Advantage CU 1A Plaza, Kiln Creek Branch 110 Cybernetics Way 23609 (757) 877-2444 No 5.03

Virginia Educators Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Virginia Educators 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 11.99 5.99 2.99 7.00 3.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 486 91 438 38
Rank Among All Virginia Credit Unions 43 70 12 53 3

Virginia Educators 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 0.65 0.25
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 234 266
Rank Among All Virginia Credit Unions N/A N/A N/A 43 41
Virginia Educators Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9902,2933,661,614
All Other Unsecured Loans/Lines of Credit 8.490675950,224
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.9901933,468,549
Used Vehicle Loans 2.9906896,691,239
Total 1st Mortgage Real Estate Loans/Lines of Credit 7.000432,225,185
Total Other Real Estate Loans/Lines of Credit 3.25043949,788
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.49040101,555
TOTAL LOANS & LEASES 3,97618,048,154

Virginia Educators 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 3157,01500
    b. 15 Years or less 341,849,50600
    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 6218,66400


Closed-End Fixed Rate 30709,63400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 13240,15400
Open-End Fixed Rate 0000
TOTALS 863,174,97300


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

Virginia Educators Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes