Banking Finance Fintech News

BayPort Credit Union Opens Three New Branch Locations

BayPort Credit Union Opens Three New Branch Locations

BayPort Credit Union announced the opening of three new branch locations. As part of the credit union’s continued commitment to convenience and service to members, the three new branches will open in March and April and are located in GloucesterChesapeake, and Virginia Beach.

“We are always looking for opportunities to better serve our existing members and spread the BayPort story to our communities. These new branches are a continuation of the people helping people, community-based banking that has been our mission for over 90 years,” said Jim Mears, President and CEO. “We are excited to open our three new offices with plans to continue to expand in Virginia Beach.”

Read More: Newlink Group Raises $300 Million In Funding From Leading Financial Institutions

BayPort continues to grow on the Middle Peninsula. The new Gloucester branch is located at 6723 Fox Centre Parkway in the Fox Mill Centre and opened on March 23. This new location provides a third option for members to bank, including the Hayes and Grafton branches.

BayPort is expanding to better serve the Southside communities. The new Chesapeake branch is located at 1000 Cedar Road and will open on March 29. This is a relocation to expand BayPort’s previous South Battlefield branch. The new location provides members a drive-thru and more parking to make banking more accessible and more convenient.

Read More: iShares Takes Steps to Lead Industry in Style Investing

The new Virginia Beach branch located at 750 Independence Boulevard in the Pembroke Meadows Shopping Center will open this April. BayPort continues to expand in Virginia Beach, with two additional branches slated to open in late 2021 and 2022. This growth will make a total of five Virginia Beach locations.

BayPort is the region’s only Community Development Financial Institution and a National Credit Union Administration (NCUA) Low-Income Designated Credit Union. Membership is open to those who live, work, worship, volunteer, or attend school in the Greater Hampton Roads area. BayPort is ranked in the top four percent of credit unions nationwide by asset size.

Read More: Deloitte: Hastened by the Pandemic, Global Enterprises Increase Investments in Advanced Wireless

Related posts

Zuora and GoCardless Expand Partnership to Revolutionize Global Subscription Payments

Fintech News Desk

Citcon Expands Payments Presence Throughout Asia Pacific

Fintech News Desk

Industry Pioneer Eric Brickman Joins as Chief Operating Officer

Fintech News Desk