Chartway Federal Credit Union

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A short history of Chartway FCU

Since its inception in 1959 the Chartway Federal Credit Union has been serving its members in the Virginia Beach, Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Brian Schools, the Chartway FCU has grown its membership to over 182,422 with assets of more than $2,167,655,817. They have a main office and 49 branch offices. Please see the credit unions website or contact them by phone at (757) 552-1000 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Virginia Beach, VA.

General Information For Chartway FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 13242
Address 5700 Cleveland St 
City Virginia Beach 
State Virginia 
Zip-Code 23462
Phone Number (757) 552-1000
Fax Number (757) 497-0158
Email Address: none
CEO/President Brian Schools
Members 182,422 
Full-Time Employees 430 
Part-Time Employees 86 
Number of Branch Offices 49 
Total Assets 2,167,655,817 

Compare Chartway Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Beach Municipal CU Thalia 4164 Virginia Beach Blvd 23452 (757) 333-7787 No 1.66
Nma CU Greensville County Teachers Association 105 Ruffin St 23847 (434) 634-0395 No 2.31
Virginia Beach Schools CU Red Mill Branch 2122 General Booth Blvd 23454 (757) 463-3650 No 2.51
Hampton Roads Catholic CU Main Office 1209 Baker Rd Ste 309 23455 (757) 460-1468 No 3.90
Portalliance CU PortAlliance Federal Credit Union 5670 Raby Rd 23541 (757) 461-1796 No 3.98

Chartway Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Chartway Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.99 3.04 3.14 4.25 4.14
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 150 108 174 120
Rank Among All Virginia Credit Unions 13 21 16 32 14

Chartway Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.20 0.15 0.40 1.29 0.61
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 102 119 76 119 210
Rank Among All Virginia Credit Unions 7 22 9 17 31
Chartway Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.99035,611130,571,427
All Other Unsecured Loans/Lines of Credit 11.99017,4259,000,411
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0003728,805,843
New Vehicle Loans 3.04032,479482,537,651
Used Vehicle Loans 3.14049,199555,208,231
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.2502,448309,461,173
Total Other Real Estate Loans/Lines of Credit 4.1405,553147,375,226
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.9003,37732,384,016
TOTAL LOANS & LEASES 146,4641,675,343,978

Chartway Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1,300163,136,2986611,765,612
    b. 15 Years or less 35218,173,333333,089,670
    a. > 15 years 63464,345,8712089,762,099
    b. 15 Years or less 12959,524,88900
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 243,136,59600
Adjustable Rate > 1 yr 91,144,18600


Closed-End Fixed Rate 2,23875,505,5561175,214,192
Closed-End Adjustable Rate 8129,07200
Open-End Adjustable Rate 3,30771,740,5981,23922,030,472
Open-End Fixed Rate 0000
TOTALS 8,001456,836,3991,66351,862,045


Interest Only & Payment Option 1st Mortgage Loans 3583,2760
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Chartway Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes