Hampton Roads Educator's CU
Photos and Videos
Click Business Name for More Information.
- HoursCLOSED NOW
- Regular Hours:
Mon - Fri Sat - Sun Closed - Phones:
Main - 757-838-0707
Fax - 757-838-0776
ExtraTollFree - 800-468-1073
- Address:
- 2130 Cunningham Dr Hampton, VA 23666
- Email:
- Link:
- Category
- Credit Unions
- Services / Products
- Retirement Planning, Federal Credit Unions, Money Orders, Consumer Protection, Debit Cards, ATM Machines, Credit Cards, Debt Consolidation, Home Improvement Loans, Equity Loans, Checking Accounts, Reverse Mortgages, Money Market Accounts, Personal Loans, Home Equity Loans, Annuities, Auto Loans, Certificates of Deposit, Home Construction Loans, Boat Loans, Mortgages, Student Loans
- Payment Options
General Info
A credit union is a member-owned, not-for-profit cooperative financial institution. At credit unions, no one person or organization runs or owns the credit union. Each member is an owner. What makes a credit union different from a bank or savings & loan? Like credit unions, these financial institutions accept deposits and make loans--but unlike credit unions, they are in business to make a profit. Banks and savings & loans are owned by groups of stockholders whose interests include earning a healthy return on their investments. On the other hand, credit unions return their profits, after expenses and reserves, to members in the form of higher dividends on savings accounts, low rates on loans, and new or improved services. Additionally, the National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration, an agency of the federal government, insures deposits of credit union members up to at least $100,000. The following are just a few of the reasons why you should make Hampton Roads Educators Credit Union YOUR primary financial institution