For 60 years, Virginia Beach Schools Federal Credit Union has served members and brought value by offering convenience and access to financial products and services. We have been proud to help members achieve their financial goals.
On behalf of the Board of Directors and Leadership Team, I am excited to announce our plans to merge with Langley Federal Credit Union. Merging with Langley will allow us to continue acting in the best interest of our members by providing more access, more value, and more rewards to members and the community.
This merger represents a partnership between two credit unions that share values, plus a real commitment to our members and the communities we serve. As the financial services landscape continues to evolve, merging with Langley allows us to immediately enhance what we can offer members. This includes access to more branch locations, more products and services at competitive rates, and enhanced technology offerings that will provide greater 24/7 convenience.
We are excited to share we have received approval from our regulators. What happens next? Virginia Beach Schools FCU members will be sent the official Notice of Meeting and ballot on August 31, 2021, and will have the opportunity to vote until the day of the special meeting which is scheduled for October 19, 2021.
Your credit score appears on your credit report. The score can directly determine the interest rate you may pay on a loan. This score can approximately range from 380 – 830 (the higher the better).
Your credit score is derived from five basic items:
Yes! We would appreciate an opportunity to review your credit report, which may result in saving you money by lowering your payments and rates. We will provide you with the tools to increase your credit score and a free copy of your credit report. Please call us for more information, or stop by a branch.
Bills are on everybody’s mind. Paying bills is an inevitable and sometimes unpleasant fact of life; however, not paying bills can create an even bigger problem. If you are experiencing or have experienced significant difficulties paying your debts, you know that the situation is a personal catastrophe. Recovery in such circumstances may take years, but there are some steps you can take to ease the restoration of an acceptable credit rating.
Ask us about the steps you can take to correct the information and for the contact information for the credit bureau’s).
The three Credit Bureau’s are:
We partner with Bank On Hampton Roads, a free adult financial education program.
Protect yourself by reviewing your credit report at least once a year.
Visit each www.annualcreditreport.com for sign up for your free credit report. You may pull one report from each bureau once a year.
Please read “Take Control and Protect Yourself from Identity Theft” (this is a PDF) for more information.