ACCOUNT SERVICES
$0.00 ; but $25,000 average daily balance to earn dividends
Which Credit Cards at Langley earn cash back?
Quint; Signature Cash Back Visa; ODU Alumni Visa
What is the deductible for our Route 66 extended warranty?
no deductible.
What does HELOC stand for?
Home Equity Line of Credit
Langley FCU CEO?
Tom Ryan
What does VUTMA stand for?
Virginia Uniform Transfer to Minors Act
What is our annual fee for the Platinum Essential Visa?
$0.00 - no annual fee
Under what circumstance can Gap be transferred?
never.
What is the lowest going rate for a fixed HELOC?
2.49%
How many Branches does Langley have?
21
What is the Daily Purchase Limit a member can make on his/her debit card?
$15,000.00
What purchases qualify for the 1% cash back on the Quint Visa
Gas, Groceries, Wholesale Club Purchases, Drug Store Purchases and EV Charging Stations
How long after funding a loan, does a member have to come back and add payprotect?
the 4 HELOC loan terms we offer at Langley?
7 Year Fixed; 12 Year Fixed; 17 Year Fixed; 40 year variable rate.
1936
A joint owner can be removed from an account under the following 4 conditions
Death; Divorce Decree presented; Mutual Agreement; Balance less than $100
When can members do a Skip-A-payment on their Visa Credit Cards?
December
Can Loans be done under a trust?
Loans are permitted but not typically done. Contact your senior management to have the request reviewed.
What is the max percentage a member can borrow against their home, if their mortgage is NOT with Langley?
90%
What was the original name of which Langley was founded?
National Advisory Committee for Aeronautics (NACA) Laboratory Federal Credit Union
What does BSA stand for? & what 4 items must be verified to establish a new relationship with Langley?
Bank Secrecy Act
legal name, date of birth, ssn, residential address.
After how many days will the $25.00 late fee be applied to the Credit Cards?
5 days late
Does Langley offer student loans?
yes. all student loan apps can be done on our website. we do not do them in the branches.
How do you calculate how much the member can borrow against their mortgage?
Property Value x (80 or 90% if not with Langley) (100% if mortgage with Langley) - what they owe.
in what year did the credit union OFFICIALLY change its name to Langley Federal Credit Union?
1956