Peoples Advantage Federal Credit Union

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A short history of Peoples Advantage FCU

Since its inception in 1966 the Peoples Advantage Federal Credit Union has been serving its members in the PETERSBURG, 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 Patsy Smith, the Peoples Advantage FCU has grown its membership to over 8,456 with assets of more than $71,590,533. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (804) 748-3081 or email them at memberservices@peoplesadvfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PETERSBURG, VA.

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

Charter Number 17464
Address P O BOX 3180 
City PETERSBURG 
State Virginia 
Zip-Code 23805
Phone Number (804) 748-3081
Fax Number (804) 748-5683
Email Address: memberservices@peoplesadvfcu.org
CEO/President Patsy Smith
Members 8,456 
Full-Time Employees 37 
Part-Time Employees
Number of Branch Offices
Total Assets 71,590,533 
Website http://peoplesadvfcu.org 

Compare Peoples Advantage Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Virginia State University CU VSU Federal Credit Union 3401 Boisseau St 23803 (804) 526-6708 No 8.27
Fort Lee CU Main Office 4495 Crossings Blvd 23875 (804) 452-0736 No 10.62
Vantage Point CU MAIN OFFICE 3600 OAKLAWN BLVD 23860 (804) 541-1473 No 11.96
Petersburg Fed Ref Credit Union Inc CU Main Office 1060 River Rd 23860 (804) 861-2537 No 13.29
Hopewell Chemical CU Dixiecon Branch Hopewell Chemical FCU 2000 Jefferson Davis Hwy 23860 (804) 230-2457 No 13.74

Peoples Advantage Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Peoples Advantage 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 12.95 2.24 18.00 5.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 455 56 828 268 229
Rank Among All Virginia Credit Unions 52 5 94 39 27

Peoples Advantage Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.20 0.70 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 114 224 266
Rank Among All Virginia Credit Unions 12 24 19 40 41
Peoples Advantage Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9501,5002,919,179
All Other Unsecured Loans/Lines of Credit 17.7501,2986,787,245
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.000245145,445
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2401423,140,750
Used Vehicle Loans 18.0001,78321,356,405
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.00024700,466
Total Other Real Estate Loans/Lines of Credit 5.00027844,293
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.1001371,405,510
TOTAL LOANS & LEASES 5,15637,299,293

Peoples Advantage Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 24700,46600
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 20540,1535277,382
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 7304,1404162,500
Open-End Fixed Rate 0000
TOTALS 511,544,7599439,882

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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