Why choose a credit union?
Wondering what the difference is between us and the big banks? We exist to serve you.
We live where you live.
BayPort creates our products and makes lending decisions based on our local area’s economy and needs. We offer all the same products and services available through banks, and our membership is open to the community. Credit unions are democratically controlled financial institutions focused on serving our members.
- We provide free education and guidance.
- Our goal is to help the community gain financial literacy, establish savings goals, and build credit.
- BayPort is the only Community Development Financial Institution in Hampton Roads.
- We’re also a National Credit Union Administration (NCUA) Low-Income Designated Credit Union.
BayPort is a community credit union. You’re eligible to join if you live, work, worship, volunteer, or attend school in these areas…
Cities
Chesapeake, VA
Franklin, VA
Hampton, VA
Newport News, VA
Norfolk, VA
Poquoson, VA
Portsmouth, VA
Suffolk, VA
Virginia Beach, VA
Williamsburg, VA
Counties
Currituck, NC
Gates, NC
Gloucester, VA
Isle of Wight, VA
James City, VA
Mathews, VA
Southampton, VA
Surry, VA
York, VA
From shipyards to backyards.
In 1928, 12 shipyard workers from Newport News Shipbuilding wanted to form an organization with a specific purpose as a low-interest source of loans and a trusted place to deposit money. So the shipbuilders of oil tankers, ocean liners, and United States Navy battleships pooled their money to establish a Credit Union Charter. The Newport News Shipbuilding & Dry Dock Company Employees’ Credit Union opened for official business on June 1, 1928. During the first month of operations, the member-owned credit union collected $973 in deposits and granted $250 in loans.
Helping with the heavy lifting.
BayPort’s annual giving includes more than half a million dollars to local charities throughout Hampton Roads. These non-profit organizations go the extra mile every day, and we’re proud to work side-by-side in their tireless efforts.
Live local. Support local.
Experience the credit union difference and all the financial perks that come with it.
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