Credit union · NCUA insured
Beach Municipal Federal Credit Union
A $194.6M credit union headquartered in Virginia Beach, VA, with 9,031 members and 2 branches in Virginia. Best rates: CDs 3.82% and savings 0.75% APY.
Beach Municipal Federal Credit Union Carrot Score
85
Carrot Score
Higher than 69% of U.S. banks and credit unions
#12 of 35 in Virginia Beach, VA-NC metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Beach Municipal Federal Credit Union
Beach Municipal Federal Credit Union is a member-owned financial cooperative founded in 1970 by ten City of Virginia Beach employees to serve municipal employees and educators.
Headquartered in Virginia Beach, Virginia, the credit union serves Virginia Beach municipal and public school employees, retirees, volunteers, and their families.
- Headquarters
- 4164 Virginia Beach Blvd, Virginia Beach, VA 23452
- NCUA charter
- 20394
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Appointed members of boards and commissions of the City of Virginia Beach are eligible for membership.
- Full and part-time employees of the City of Virginia Beach and Virginia Beach City Public Schools, including the Adult Learning Center, are eligible for membership.
- Persons retired as pensioners from the City of Virginia Beach or Virginia Beach City Public Schools are eligible for membership.
- Volunteers performing regular duties assigned to City or School departments or facilities are eligible for membership.
Family and household
- Immediate family members (defined as spouse, child, sibling, parent, grandparent, grandchild, step-parents, step-children, step-siblings, and adoptive relationships) of eligible individuals are eligible for membership.
- Spouses of persons who died while within the field of membership of this Credit Union are eligible for membership.
1 more way to join
Other ways
- Organizations of eligible individuals are eligible for membership.
Cost to join
- A $1 membership fee is required upon opening an account, which is waived for Long John Saver Kids Club accounts.
- A $5 share deposit is required to open and maintain a member share account, representing the member's share of the Credit Union.
Branches
2 branches in Virginia
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Virginia
2 branches
- ThaliaMain office4164 Virginia Beach Blvd, Virginia Beach, VA 23452Directions
- Princess Anne Rd2440 Princess Anne Rd, Virginia Beach, VA 23456Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.13% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.78% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.63% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $56 | $76 | — |
- CapitalNet worth ratio14.13%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.78%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.63%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$56Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Beach Municipal Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.