Peoples Advantage Federal Credit Union is headquartered in Petersburg and is the 45th largest credit union in the state of Virginia. It is also the 1,766th largest credit union in the nation. It was established in 1966 and as of March of 2025, it had grown to 39 employees and 9,231 members at 4 locations. Peoples Advantage Federal Credit Union has an A health rating.
Peoples Advantage Federal Credit Union is open to anyone who lives or works in the counties of Amelia, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Goochland, Hanover, Henrico, King and Queen, King William, Louisa, New Kent, Powhatan, Prince George, or Sussex or the Town of Ashland, City of Colonial Heights, City of Hopewell, City of Petersburg, or the City of Richmond. Immediate family are also eligible.
See current membership details
Overall | |
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NCUA # | 17464 |
Year Chartered | 1966 |
Employees | 39 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 7.68% |
Return on Equity - YTD | 63.49% |
Annual Interest Income | $1.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $108.5MM$98.6MM |
Loans | Q1 2025vs Q1 2024 | $53.7MM$49.6MM |
Deposits | Q1 2025vs Q1 2024 | $81.2MM$76.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $12.8MM$9.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.5MM$948K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $795K$1.8MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Peoples Advantage Federal Credit Union are currently being reviewed.
Peoples Advantage Federal Credit Union Locations | ||
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Branch Office | 110 Wagner Rd | Petersburg, VA 23805-9303 |
Branch Office | 2801 Conduit Rd | Colonial Heights, VA 23834-2971 |
Branch Office | 100 Perry St | Petersburg, VA 23803 |
Branch Office | 3601 Dill Rd | Richmond, VA 23222-3459 |
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