Public Charity

BAYLANDS FAMILY CREDIT UNION

Based in WEST POINT, VA, BAYLANDS FAMILY CREDIT UNION operates as a Public Charity. The organization reported $5.0M in revenue, $4.4M in expenses, $92.6M in total assets for fiscal year 2025.

EIN: 546038172 WEST POINT, VA Latest filing: 2025
Total Revenue$5.0M
Total Expenses$4.4M
Total Assets$92.6M
Grant Records0
Filing Years2021–2025

Mission

BAYLANDS FAMILY CREDIT UNION IS COMMITTED TO SERVING THE FINANCIAL NEEDS OF OUR MEMBERSHIP. IT IS OUR RESPONSIBILITY TO MAXIMIZE THE BENEFITS TO OUR MEMBERS WHILE MAINTAINING FINANCIAL STABILITY.WE WILL PROVIDE A CLIMATE IN WHICH OUR EMPLOYEES ARE STIMULATED TO ACHIEVE OUTSTANDING PERFORMANCE AND PROFESSIONALISM.WE ARE A MEMBER-OWNED INSTITUTION THAT EXISTS NOT FOR PROFIT, BUT FOR SERVICE."

Officers & Directors

SECRETARY & RETIREMENT PLA Carolyn B Lockley
SUPERVISORY COMMITTEE Christine L Hite
ASST. SECRETARY Deborah T Ball
DIRECTOR George R Carter
CHAIRMAN Joseph F Drexler Iii
VICE CHAIRMAN Martha E Hart

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.0M $4.4M $92.6M
2024 $4.5M $4.2M $89.5M
2023 $4.4M $4.0M $89.8M
2022 $3.7M $3.4M $92.8M
2021 $3.9M $3.8M $98.1M

Between 2021 and 2025, reported annual revenue grew from $3.9M to $5.0M (+28%), with total assets most recently reported at $92.6M.

Interactive year-over-year charts and full filing details available with membership.

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