Langley Federal Credit Union

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 January 2019, Langley FCU has $2.8 billion USD in assets and approximately 252,029 members.[2] The credit union has 20 branches[3] in the Hampton Roads area of Virginia.

Langley Federal Credit Union
TypeCredit union
IndustryFinancial
Founded1936
HeadquartersNewport News, Virginia, United States
Number of locations
20
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
Bruce R. Hoogstraten, Chairman
ProductsSavings; checking; consumer loans; credit cards; mortgages; investments
SubsidiariesLangley Financial Services
Website

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 January 2019, Langley FCU has 20 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.

References
  1. "Langley grows members, loans in 2014 - Daily Press". dailypress.com. Retrieved 2016-07-06.
  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 article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.