Baylands Credit Union
About Baylands Credit Union
Baylands Credit Union Location
Po Box 392, 2004 Main Street
West Point, VA 23181
Phone: (804) 843-2520
Website: www.baylandsfcu.org
Routing/Transit Number: Not Available
Baylands Credit Union Information
Baylands Credit Union of West Point, VA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 6251 members and assets of $80,069,085, as compared to the national average of $93 million dollars of assets per credit union. Baylands Credit Union, first opened in 1946 and has been in operation since then. Additionally, Baylands Credit Union has 32 full time employees and 8 part time employees, or 156.275 members per employee, compared to a national average of 376.32254.
While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Baylands Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Baylands Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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