Featured Savings Rates
Featured Accounts

PortAlliance Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.95%5-year CD60 Month CD
0.30%1-year CD12 Month CD
0.15%SavingsSmart Share

Overview / Commentary
757-461-1796
5670 Raby Rd
Norfolk, VA 23502-2411

PortAlliance Federal Credit Union is headquartered in Norfolk and is the 45th largest credit union in the state of Virginia. It is also the 1,609th largest credit union in the nation. It was established in 1958 and as of June of 2016, it had grown to 53 employees and 12,615 members at 4 locations. PortAlliance Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Franklin, Isle of Wight County, or Southampton County.
See current membership details

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Health
B+
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. PortAlliance Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #12630
Year Chartered1958
Employees53
Primary Regulator
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD6.13%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$96.5MM$91.9MM
LoansQ2 2016vs Q2 2015$76.4MM$72.6MM
DepositsQ2 2016vs Q2 2015$83.4MM$79.8MM
Equity CapitalQ2 2016vs Q2 2015$9.8MM$8.7MM
Loan Loss AllowanceQ2 2016vs Q2 2015$903.00K$683.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$653.00K$316.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

PortAlliance Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.15%*-$1,500Gain Student Share
OTHER TIERS: 0.15% $1,500+
1.49%*$20k*-IRA Account
OTHER TIERS: 0.40% $25 - $10k | 1.00% $10k - $20k
1.49%*$20k*-Roth IRA Account
OTHER TIERS: 0.40% $25 - $10k | 1.00% $10k - $20k
0.15%$100-Share Savings
0.15%--Custodian Account
0.15%$100-Smart Share
0.15%$100-Christmas Club
0.15%$25-Quarterly Club

PortAlliance Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$25k*-Money Market Account
OTHER TIERS: 0.30% $2k - $10k | 0.35% $10k - $25k

PortAlliance Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$1k-60 Month CD
0.65%$1k-48 Month CD
0.55%$1k-36 Month CD
0.45%$1k-24 Month CD
0.30%$500-12 Month CD
0.25%$500-6 Month CD
Locations


PortAlliance Federal Credit Union Locations
Branch Office5670 Raby RdNorfolk, VA 23502-2411
Branch Office1968 Gilbert ST Naval Base W-143Norfolk, VA 23511
Branch Office1304 Monticello AveNorfolk, VA 23510
Branch Office521 W Washington StSuffolk, VA 23434-5743