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  4. Baylands Family Credit Union
EIN 54-6038172

Baylands Family Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
29
City
West Point
State
Virginia
Year formed
1946
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Baylands Family Credit Union is committed to serving the financial needs of its membership, maximizing benefits while maintaining financial stability. The credit union provides less expensive loan products than other financial institutions, offers competitive deposit account rates, and is strongly involved in the community. The employees are stimulated to create a positive climate.
Total revenues
$4,409,839
2023
Total expenses
$3,977,247
2023
Total assets
$89,784,518
2023
Num. employees
29
2023

Program areas at Baylands Family Credit Union

Program service accomplishments include less expensive loan products relative to other financial institutions, comparative deposit account rates, and strong community involvement.

Personnel at Baylands Family Credit Union

NameTitleCompensation
Teresa MillisPresident and Chief Executive Officer$106,212
George R CarterChair$0
Joseph F DrexlerVice Chairman$0
Carolyn B LockleySecretary$0
Deborah T BallAssistant Secretary$0
...and 3 more key personnel

Financials for Baylands Family Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,722,035
Investment income and dividends$348,854
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$93,743
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,245,207
Total revenues$4,409,839

Form 990s for Baylands Family Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-10990View PDF
2021-122022-05-16990View PDF
2020-122021-09-03990OView PDF
2019-122020-12-02990View PDF
...and 2 more Form 990s

Organizations like Baylands Family Credit Union

OrganizationLocationRevenue
Community Trust Credit UnionGurnee, IL$14,516,805
Plus4 Credit UnionHouston, TX$9,356,644
Iron County Community Credit UnionHurley, WI$2,454,870
West Metro Schools Credit UnionHopkins, MN$1,884,691
Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit UnionWyandotte, MI$11,520,985
CASE Credit UnionLansing, MI$20,419,805
Bay Shore Credit UnionMarinette, WI$1,887,919
United Energy Credit UnionHumble, TX$1,844,476
Colorado Credit UnionLittleton, CO$17,858,120
Service One Credit Union (SOCU)Bowling Green, KY$12,679,775
Data update history
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Updated personnel
Identified 1 new personnel
February 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
Memberships
General information
Address
PO Box 392
West Point, VA 23181
Metro area
Richmond, VA
County
King William County, VA
Website URL
baylandsfcu.org/ 
Phone
(804) 843-2520
IRS details
EIN
54-6038172
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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