Who is NCP Federal Credit Union?

OUR MISSION

NCP (Norfolk, Chesapeake, Portsmouth) Community Development Federal Credit Union, as a progressive, cooperative, and community based credit union, is organized for the purpose of: promoting thrift in economically distressed areas, promoting economic revitalization and community development for Hampton Roads communities, providing all types of financial transactions and payment services, loans, financial counseling and small business capital enhancements.  NCP Community Development Federal Credit Union will be a positive symbol for further economic growth, development and diversity in the areas served.

NCP PARTNERS WITH ABNB FEDERAL CREDIT UNION (ABNB)

On December 1, 2006, the Board of Directors of NCP Community Development Federal Credit Union (NCP CDFCU) signed a partnership agreement with ABNB Federal Credit Union (ABNB), a strong progressive credit union servicing members throughout the South Hampton Roads community.

This partnership was designed to offer NCP more products and services, while remaining an independently chartered community development financial institution.    ABNB’s management philosophy supports NCP credit union objectives and offers the best opportunity for our members, employees and volunteers.

As a result of this partnership, NCP members can conduct business at all ABNB branches and ATM locations locally.   Our members can also take advantage of expanded services, including online banking, mortgage loans, home equity loans, investment products, VISA check cards, free financial counseling, IRA accounts, checking accounts, credit cards and many more products and services to help with your financial decisions.

Key Designations

NCP CDFCU is the only designated community development financial institution (CDFI) in South Hampton Roads.  CDFI’s have been created to address the need for access to financial services and development credit in the “forgotten” or “underserved” communities of our Nation.   

NCP CDFCU is certified by the US Department of the Treasury Financial Management Service (FMS) as a minority financial institution under the Minority Bank Deposit Program (MBDP).

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Your savings are federally insured up to at least $250,000 by The National Credit Union Administration (NCUA), a U.S. Government agency. NCP FCU is an equal housing lender.

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