Newport News Municipal Employees Credit Union

Newport News Municipal Employees Credit Union was chartered in 1950 and its charter number is 66970. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Newport News Municipal Employees Credit Union's address registered with the NCUA is 502 OPERATIONS DRIVE, NEWPORT NEWS, VA 23602. As of 10/18/06 Newport News Municipal Employees CU reported $37,434,238 in assets. The credit union currently has 7,800 members. It's Manager/CEO is Faye McDuffie. The credit unions website is www.nnmecu.org. Newport News Municipal Employees Credit Union is a member of the Virginia Credit Union League.

 
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Newport News Municipal Employees Credit Union Financial Evaluation
2004
Total Assets: $38,588,299.00
Total Loans: $19,614,915.00
Net Worth Ratio: 9.43
% Share Growth: 1.99
% Loan Growth: 7.27
Loans/Assets Ratio: 50.83
Loans/Assets Ratio: 43.69
Numbers of Members: 8,383
Number of Full-time Employees: 19
 
2005
Total Assets: $37,591,884.00
Total Loans: $19,854,643.00
Net Worth Ratio: 10.33
% Share Growth: -2.84
% Loan Growth: 1.22
Loans/Assets Ratio: 52.81
Loans/Assets Ratio: 40.55
Numbers of Members: 7842
Number of Full-time Employees: 18
 
2006
Total Assets: $36,518,297.00
Total Loans: $21,153,143.00
Net Worth Ratio: 10.99
% Share Growth: -4.08
% Loan Growth: 6.54
Loans/Assets Ratio: 57.92
Loans/Assets Ratio: 36.39
Numbers of Members: 7,394
Number of Full-time Employees: 18
 
 

May 24, 2012

 
 
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