Overview / Commentary
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 3,581st largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 2 employees and 1,283 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
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional 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
| Overall | |
|---|---|
| NCUA # | 15935 |
| Year Chartered | 1963 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.7% |
| Return on Equity - YTD | -5.22% |
| Annual Interest Income | $130K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $11.1MM$11.4MM |
| Loans | Q1 2025vs Q1 2024 | $5.6MM$6.3MM |
| Deposits | Q1 2025vs Q1 2024 | $9.6MM$9.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $1.5MM$1.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $74K$73K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $0$0 |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |