Langley Federal Credit Union

Last updated
Langley Federal Credit Union
Type Credit union
Industry Financial
Founded1936
Headquarters Newport News, Virginia, United States
Number of locations
21
Area served
Langley Federal Credit Union has served the entire Hampton Roads community since 1936. Today membership at Langley FCU is available to employees and/or members of approximately 1,000 employers and associations located in the Hampton Roads region.
Key people
Tom Ryan, President/CEO
Ted Henifin, Chairman
Products Savings; checking; consumer loans; credit cards; mortgages; investments
Subsidiaries Langley Financial Services
Website

Langley Federal Credit Union or (Langley FCU) is a US credit union headquartered in Newport News, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Langley FCU is one of the 100 largest credit unions in the United States. [1] As of November 2022, Langley FCU has $5.1 billion USD in assets and over 351,000 members. [2] The credit union has 21 branches [3] in the Hampton Roads area of Virginia.

Contents

History

Langley Federal Credit Union was chartered on April 17, 1936, [2] by twenty-five National Advisory Committee for Aeronautics (now known as NASA) employees who each deposited $1 to pay the charter fee. In 1942, the credit union changed its name to Langley Memorial Aeronautical Laboratory Federal Credit Union. The next year, Air Force civilian personnel were admitted for membership and the credit union joined the Virginia Credit Union League. October 1956, the credit union officially changed its name to Langley Federal Credit Union and Air Force military personnel were allowed to the field of membership. Langley Federal Credit Union has served the entire Hampton Roads community since 1936. Today membership at Langley FCU is available to employees and/or members of approximately 1,000 employers and associations located in the Hampton Roads region.

Services

Langley FCU offers the typical types of financial services offered by most financial institutions, including savings, checking, IRA accounts, certificates of deposit, consumer loans, credit cards, mortgages, home equity lines of credit, investment services, and insurance services. Langley FCU also offers products and services for small businesses.

As of November 2022, Langley FCU has 21 branches and offers online services via its corporate website, Langleyfcu.org. In addition, members can make ATM transactions through a network of approximately 55,000 surcharge-free [4] ATMs in the Allpoint network. [5] [6]

Community involvement

Langley FCU partners with a number of charitable organizations. Organizations must be a registered 501(c)(3) and serve a community in which Langley FCU has a physical location or large concentration of members.

Langley FCU incorporated the Langley for Families Foundation in December 2014. [7] The foundation is a non-profit 501(c)(3) public charity that provides support for children and families in Hampton Roads, Virginia. The areas of focus are healthcare, housing and human services, safety and security and financial education. Organizations that have benefited from Langley for Families Foundation include The Foodbank, The Boys & Girls Clubs, Peninsula Agency on Aging, EDMARC, Hospice House and Support Care of Williamsburg, LINK of Hampton Roads and March of Dimes.

Related Research Articles

<span class="mw-page-title-main">Navy Federal Credit Union</span> Credit union in the United States

Navy Federal Credit Union is a global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member credit union in the United States, both in asset size and in membership. As of October 2022, Navy Federal has $156.7 billion USD in assets and has 12.1 million members.

Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). PenFed is the nation's third largest federal credit union, with assets of $25 billion and more than 1.8 million members as of July 2018.

<span class="mw-page-title-main">Security Service Federal Credit Union</span>

Security Service Federal Credit Union (SSFCU) is a credit union headquartered in San Antonio, Texas, federally chartered and federally insured by the National Credit Union Administration (NCUA). With more than $10.5 billion in assets, Security Service serves more than 800,000 members, and operates 66 locations throughout Texas, Colorado and Utah. Security Service is the largest credit union in San Antonio, Texas, and is among the largest credit unions in the United States. The credit union provides access to more than 5,000 credit union locations nationwide through the CU Service Centers shared branching network.

<span class="mw-page-title-main">Desert Financial Credit Union</span> Credit union in Arizona

Desert Financial Credit Union is a credit union based in Phoenix, Arizona, that operates 47 branches and service centers throughout Coconino, Gila, Maricopa, Pinal, and Yavapai counties and now statewide in Arizona. Desert Financial remains federally insured by the NCUA and in addition will be regulated by the Arizona Department of Financial Institutions, which regulates state chartered credit unions in Arizona. Desert Financial is the largest credit union in Arizona, managing nearly $8.5 billion in assets as of October 2022.

One Nevada Credit Union, headquartered in Winchester, Nevada, is the largest locally based federally insured, state-chartered credit union in Nevada with locations in Las Vegas, Henderson, Reno, and North Las Vegas.

<span class="mw-page-title-main">Michigan State University Federal Credit Union</span> Financial institution

Michigan State University Federal Credit Union (MSUFCU), headquartered in East Lansing, Michigan, is the largest university-based credit union in the world and is federally chartered and regulated under the National Credit Union Administration (NCUA). MSUFCU provides a variety of financial products and services including deposit accounts, personal and business loans, investments, and insurance, among others. MSUFCU is owned by its membership and overseen by a board of directors elected by said membership. As of year-end 2020, MSUFCU has 21 branches, over 300,000 members, more than $5.6 billion in assets, and nearly 900 employees.

<span class="mw-page-title-main">South Carolina Federal Credit Union</span>

South Carolina Federal Credit Union is a credit union headquartered in North Charleston, South Carolina, that is supervised and insured by the National Credit Union Administration (NCUA), an agency of the U.S. government. South Carolina Federal is the largest, oldest, locally owned financial institution in the Charleston tri-county area. As of 2018, South Carolina Federal had over US$1.8 billion in assets and over 160,000 active members.

<span class="mw-page-title-main">Credit unions in the United States</span>

Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. The clients of the credit unions become partners of the financial institution and their presence focuses in certain neighborhoods because they center their services in one specific community. As of March 2020, the largest American credit union was Navy Federal Credit Union, serving U.S. Department of Defense employees, contractors, and families of servicepeople, with over $125 billion in assets and over 9.1 million members. Total credit union assets in the U.S. reached $1 trillion as of March 2012. Approximately 236,000 people were directly employed by credit unions per data derived from the 2012 National Credit Union Administration (NCUA) Credit Union Directory. As of 2019, there were 5,236 federally insured credit unions with 120.4 million members, and deposits of $1.22 trillion.

<span class="mw-page-title-main">Stanford Federal Credit Union</span>

Stanford Federal Credit Union is a federally chartered credit union located in Palo Alto, California. It provides banking services to the Stanford community. Stanford FCU has over $3.6 billion in assets and serves over 80,000 members.

Denali. A division of Nuvision Credit Union is a credit union based in Anchorage, Alaska, United States. The credit union serves communities throughout Alaska, and Washington. It is the third largest credit union in Alaska. Denali has grown to add Denali Home Loans, Denali Investment Services and Denali Business Lending and Business Service to its list of services.

Lafayette Federal Credit Union, is a credit union headquartered at the Norman Cohen Financial Service Center in Rockville, Maryland, chartered and regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. Federal government. As of September 2022, Lafayette Federal had US$1.65 billion in assets, and over 55,000 members.

Call Federal Credit Union is a federally insured, not-for-profit financial cooperative headquartered in Richmond, Virginia. It is regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. federal government. Call Federal Credit Union is the second-largest Richmond-based credit union. As of December 31, 2018, Call Federal Credit Union had $400 million USD in assets and 33,000 members. In accordance with the Federal Credit Union Act of 1934, Call Federal Credit Union is a tax-exempt, federally chartered, federally insured, not-for-profit financial cooperative. Call Federal Credit Union accounts are insured up to $250,000 through the NCUA, which is comparable to the insurance provided to accounts at traditional banks via the Federal Deposit Insurance Corporation.

<span class="mw-page-title-main">Alliant Credit Union</span> Credit union in the United States

Alliant Credit Union is a member-owned financial cooperative headquartered in Chicago, Illinois. Alliant services employees, retirees, and members of qualifying organizations and their family members; any member of the Foster Care to Success; and individuals who live or work in a qualifying community and their family members. Founded in 1935, Alliant is the ninth largest credit union by asset size in the United States with $14 billion USD in assets, and serves more than 600,000 members nationwide.

<span class="mw-page-title-main">Georgetown University Alumni & Student Federal Credit Union</span> Credit union run by Georgetown University students

Georgetown University Alumni & Student Federal Credit Union (GUASFCU) is a credit union headquartered in Washington, D.C., chartered and regulated under the authority of the National Credit Union Administration (NCUA) of the US federal government. GUASFCU is the oldest and largest entirely student-run credit union in the country, both in asset size and in membership.

Technicolor Federal Credit Union is a federally chartered multiple common-bond credit union – a cooperative financial institution that is owned and controlled by its members and operated for the purpose of offering lower rates on loans, lower fees on services and higher returns on savings. Headquartered in Burbank, California, Technicolor Federal Credit Union is regulated under the authority of the National Credit Union Administration (NCUA), an agency of the U.S. federal government. This credit union is federally insured by the National Credit Union Administration (NCUA).

<span class="mw-page-title-main">Actors Federal Credit Union</span>

Actors Federal Credit Union (ActorsFCU) is an American federally chartered credit union—a cooperatively run, not-for-profit financial institution, owned and controlled by its members. Based in New York City, New York, ActorsFCU is regulated and insured by the National Credit Union Administration (NCUA), an agency of the U.S. Federal Government comparable to the Federal Deposit Insurance Corporation. It is the 49th largest credit union in the state of New York and the 993rd largest credit union in the nation. It has an overall health score at DepositAccounts.com of a B, with a B+ Texas ratio. Currently led by Daniel Czerniawski, ActorsFCU serves over 22,000 members of more than 190 organizations nationwide with assets of more than $180,000,000. ActorsFCU has 44 full-time employees and 4 part-time employees with a main office and 4 branch offices.

Frontwave Credit Union is a not-for-profit credit union that is chartered and regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. federal government.

AFFCU is a US credit union headquartered in San Antonio, Texas, chartered and regulated under the authority of the National Credit Union Administration (NCUA) in 1952. AFFCU's routing number for 314085504.

Robins Financial Credit Union is a credit union based in Warner Robins, Georgia. Robins Financial is the 2nd largest credit union in the state of Georgia. As of March 31, 2022, Robins Financial has over 243,000 members and over $4 billion in assets. Robins Financial operates 22 branch locations throughout the state of Georgia.

<span class="mw-page-title-main">Apple Federal Credit Union</span> Credit union in the United States

The Apple Federal Credit Union is a U.S. credit union founded in 1956 and headquartered in Fairfax, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). As of February 2020, Apple FCU had more than 220,000 members and over $3 billion USD in assets, making it larger than over 90% of federal credit unions in the United States.

References

  1. ↑ "Langley grows members, loans in 2014 - Daily Press". dailypress.com. Retrieved 2016-07-06.
  2. 1 2 "Credit Union Details". mapping.ncua.gov. Retrieved 2016-07-06.
  3. ↑ "Branch Locations & Hours - Langley Federal Credit Union". langleyfcu.org. Retrieved 2016-07-06.
  4. ↑ "Langley FCU members gain surcharge-free access to Allpoint retail ATMs - Daily Press". dailypress.com. Retrieved 2016-07-06.
  5. ↑ "Langley FCU Joins Allpoint Network". cutoday.info. Retrieved 2016-07-06.
  6. ↑ "Langley Federal Credit Union members gain surcharge-free access to Allpoint retail ATMs - CUInsight". cuinsight.com. Retrieved 2016-07-06.
  7. ↑ "Langley Federal Credit Union forms charitable foundation to help families - Daily Press". dailypress.com. Retrieved 2016-07-06.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.