Cha-Tel Federal Credit Union

Overview / Commentary
1500 Maccorkle Ave SE
Charleston, WV 25314

Cha-Tel Federal Credit Union is headquartered in Charleston and is the 53rd largest credit union in the state of West Virginia. It is also the 3,937th largest credit union in the nation. It was established in 1963 and as of March of 2020, it had grown to 2 employees and 1,419 members at 1 location. Cha-Tel Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of Verizon, Frontier, Pinkerton/Burns Security, T&T and its subsidiaries, Life Bridge of Kanawha Valley and its subsidiaries, or Fibernet who work in Kanawha, Putnam, Clay, Boone, and Lincoln counties.
See current membership details

Reviews (1)

Great credit union

I have been a member of this credit union for 20+ years. There is a reason I am still there, they care about their customer. I will walk in the credit union and the person will know your name already and just ask how much you need. They have over 5000+ members so that is amazing that they remember it. Also they will beat any banks deals on things such as car loans, personal loans and etc. For example when I went to get my car loan I was offered 3% on the interest. They beat that and gave me the loan with a 1.9% interest rate! They do have a online banking site that is alright but isn't on the bigger banks level (the reason I only gave them a 4 on the Web/Mobile Experience part). However the security on the web site is 2x better than a bigger bank as they make you go through 2 levels of security plus have a picture (that the customer picks) to make sure your account is secure. This is a great credit union and probably better than most banks.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Cha-Tel Federal Credit Union has a low asset base.

Health Grade Components

NCUA #15935
Year Chartered1963
Primary Regulator
Profit Margin
Return on Assets - YTD0%
Return on Equity - YTD0%
Annual Interest Income$95.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$10.7MM$10.6MM
LoansQ1 2020vs Q1 2019$6.1MM$6.6MM
DepositsQ1 2020vs Q1 2019$9.5MM$9.3MM
Equity CapitalQ1 2020vs Q1 2019$1.2MM$1.2MM
Loan Loss AllowanceQ1 2020vs Q1 2019$80.00K$71.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$33.00K$54.00K
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cha-Tel Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Cha-Tel Federal Credit Union Savings Account Rates

0.05%--Vacation Club
0.05%--Christmas Club

Cha-Tel Federal Credit Union Locations
Branch Office1500 Maccorkle Ave SECharleston, WV 25396

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.