Our History

Beach Municipal FCU — Your Trusted Partner Since 1970 

From modest beginnings in a broom closet on the third floor of Building 1 at the Municipal Center, we’ve become more than just another financial institution…we’ve become your friend, your family and your partner in achieving your financial dreams. 

In October 1970, the Virginia Beach City Council unanimously voted to support a credit union as an additional benefit of employment. Shortly thereafter, Virginia Beach Municipal Employees Federal Credit Union received a federal charter from the National Credit Union Administration, giving municipal employees, retirees, volunteers and their families a safe place to save and borrow money. Since then, Beach Municipal Federal Credit Union, as we are now called, has become a full-service financial institution offering its members everything from traditional savings and checking accounts to IRAs, credit cards, mortgages and much more.

As a not-for-profit financial institution, we are committed to meeting the needs and wants of our membership. We are led by a Board of Directors who, as volunteers, receive no financial compensation for their time and effort. These dedicated members are elected annually by the membership and are responsible for directing and controlling the Credit Union and ensuring the Credit Union operates soundly and efficiently.

Since its inception, Beach Municipal FCU has grown to over 168 million dollars in assets and over 11,000 members. With our help, our members have built homes, financed college educations and realized their financial success.

We look forward to growing into the future with you.


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