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P.O. Box 6488
Charlottesville, VA 22906

Charlottesville Postal Credit Union is headquartered in Charlottesville and is the 116st largest credit union in the state of Virginia. It is also the 5,019st largest credit union in the nation. It was established in 1956 and as of March of 2014, it had grown to 3 employees and 950 members. Charlottesville Postal Credit Union has a C+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of the United States Postal Service who work in or is assigned to the Charlottesville Sectional Center, Harrisonburg Processing Center, the Culpeper Processing Center or any of their associate offices. Also open to members of the Charlottesville-Albemarle American Legion Post 74, Inc., its Auxiliary or Sons of Squadron 74. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Charlottesville Postal Credit Union has a very low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Charlottesville Postal Credit Union had $4,000 in non-current loans and owned real-estate with $541,000 in equity and loan loss allowances on hand to cover it. This gives Charlottesville Postal Credit Union a Texas Ratio of 0.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Charlottesville Postal Credit Union decreased slightly from 0.88% as of March 31, 2013 to 0.74% as of March 31, 2014, resulting in a positive change of 15.86%.This indicates that the balance sheet and financial strength for Charlottesville Postal Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Charlottesville Postal Credit Union has decreased its total deposits by $-314,000, resulting in -5.09% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Charlottesville Postal Credit Union has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Charlottesville Postal Credit Union has $6.41 million in assets with $541,000 in equity, resulting in a capitalization level of 8.44%, which is average.

Institution Statistics

NCUA #11270
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$6.41 million
Loans$4.27 million
Deposits$5.86 million
Equity Capital$539,000
Loan Loss Allowance$2,000
Unbacked Noncurrent Loans$4,000
Real Estate Owned$0
Historic Data - March 2013
Assets$6.75 million
Equity Capital$554,000
Loan Loss Allowance$15,000
Unbacked Noncurrent Loans$4,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets-0.06%
Return on Equity-0.74%
Interest Income$66,000
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Charlottesville Postal Credit Union Savings Account Rates

0.30%$50k-Prime Share Account
0.05%--Regular Share Account

Charlottesville Postal Credit Union Checking Account Rates

0.00%$100-Share Draft Account

Charlottesville Postal Credit Union CD Rates

0.50%$1k-3 Year Share Certificate
0.42%$1k-2 Year Share Certificate
0.35%$1k-1 Year Share Certificate

Charlottesville Postal Credit Union Locations
Branch Office1155 Seminole TrlCharlottesville, VA 22906-1102