Cha-Tel Federal Credit Union
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 4,047th largest credit union in the nation. It was established in 1963 and as of December of 2017, it had grown to 2 employees and 1,560 members at 1 location. Cha-Tel Federal Credit Union has a C+ 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
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.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 15935 |
| Year Chartered | 1963 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 7% |
| Annual Interest Income | $416.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $10.9MM$11.1MM |
| Loans | Q4 2017vs Q4 2016 | $6.8MM$7.1MM |
| Deposits | Q4 2017vs Q4 2016 | $9.7MM$10.0MM |
| Equity Capital | Q4 2017vs Q4 2016 | $1.2MM$1.1MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $55.00K$28.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $102.00K$8.00K |
| Real Estate Owned | Q4 2017vs Q4 2016 | $0$0 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $25 | - | Savings/Share | |
| 0.05% | - | - | Vacation Club | |
| 0.05% | - | - | Christmas Club |
| Cha-Tel Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1500 Maccorkle Ave SE | Charleston, WV 25396 |