Credit union · NCUA insured
NAE FCU
Top CarrotA $126.9M credit union headquartered in Chesapeake, VA, with 11,347 members and 3 branches in Virginia. Best rates: savings 0.04% APY.
NAE FCU Carrot Score
Carrot ScoreTop Carrot
Higher than 93% of U.S. banks and credit unions
#5 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 NAE FCU
Formed by ten Ford employees from the Norfolk Assembly Plant to help coworkers save and borrow, NAE opened its first office on Indian River Road in 1978.
NAE is a member-owned, not-for-profit credit union serving the Hampton Roads metropolitan area.
Granted a community charter in 2006, it later merged Norfolk Southern Employees (2014), Tidewater Dominion Employees (2016), and Norfolk Municipal Employees (2018) credit unions.
- Headquarters
- 755 Battlefield Blvd N, Chesapeake, VA 23320-5038
- NCUA charter
- 16706
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- You qualify for NAE membership if you live, work, worship, volunteer, or attend school in, or are a business or other legal entity located in the Virginia Beach - Norfolk - Newport News, VA - NC Metropolitan Statistical Area.
Branches
3 branches in Virginia
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Virginia
3 branches
- BattlefieldMain office755 Battlefield Blvd N, Chesapeake, VA 23320Directions
- Indian River3701 Indian River Rd, Chesapeake, VA 23325Directions
- Western Branch2628 Taylor Rd, Ste A, Chesapeake, VA 23321Directions
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 | 16.02% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.36% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.31% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $78 | $76 | — |
- CapitalNet worth ratio16.02%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.36%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.31%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$78Peers’ 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 NAE FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.