#United States #BayPort Credit Union #Norfolk #Ghent

BayPort Credit Union Expands Its Reach in Norfolk

BayPort Credit Union has recently expanded its services by opening a new branch in Norfolk's historic Ghent district. This new location, situated at 2014 Granby Street, marks BayPort's second branch in Norfolk, following its initial opening in 2015. The credit union celebrated this milestone with a grand opening ceremony, which featured a ribbon-cutting event officiated by the Hampton Roads Chamber of Commerce.

Among those present at the celebration were representatives from the Norfolk Department of Economic Development, including official Michael Paris, along with leadership from BayPort's Executive and Board teams. This new branch aims to better serve the increasing number of members from the Southside area, ensuring that they have access to comprehensive banking services right in their community.

The Granby Street branch showcases modern amenities including a drive-thru service and advanced interactive teller machines branded as YourTeller®. These machines enable members to complete detailed banking transactions without having to exit their vehicles, providing both convenience and safety—a necessary feature in today's banking landscape.

In addition to the principal branch services, the newly renovated building hosts several support departments, including Business Banking, IT, and Mortgage services, alongside executive offices. This integrated approach is designed to enhance the operational efficiency and responsiveness of BayPort to its members' needs.

BayPort Credit Union has been a vital part of the Norfolk community for almost a decade. Its first Norfolk branch was established following the merger with the Hampton Roads Postal Credit Union, initially located within the U.S. Postal Service facility at 600 Church Street. Today, the credit union proudly serves over 6,500 members in Norfolk, providing personalized financial solutions as part of its commitment to community development.

As a designated Community Development Financial Institution and a Low-Income Designated Credit Union by the National Credit Union Administration (NCUA), BayPort's membership is open to individuals who live, work, worship, volunteer, or attend school in the Greater Hampton Roads area. This inclusive approach reflects BayPort's mission to foster financial well-being within the community, helping its members lead happy, healthy, and financially secure lives.

Established in 1928 by a small group of shipyard workers, BayPort Credit Union has since evolved into a robust financial institution managing approximately $2.4 billion in assets. It now serves around 152,000 individuals and businesses across 29 branch locations in the Virginia Peninsula and Southside communities. With this latest expansion in Norfolk, BayPort continues to fulfill its founding mission of providing accessible and affordable financial services to its members.

In conclusion, BayPort's new Norfolk branch symbolizes a significant commitment to the local community, ensuring that residents have convenient access to vital banking services. This development not only represents a step forward for BayPort but also enhances the economic fabric of the Ghent area by providing financial resources and support to its growing membership base.