Portalliance Federal Credit Union

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A short history of Portalliance FCU

Since its inception in 1958 the Portalliance Federal Credit Union has been serving its members in the Norfolk, 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 William Owens III, the Portalliance FCU has grown its membership to over 12,057 with assets of more than $99,574,825. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (757) 461-1796 or email them at memberservices@portalliancefcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Norfolk, VA.

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

Charter Number 12630
Address P.O. Box 12719 
City Norfolk 
State Virginia 
Zip-Code 23541
Phone Number (757) 461-1796
Fax Number (757) 461-3502
Email Address: memberservices@portalliancefcu.com
CEO/President William Owens III
Members 12,057 
Full-Time Employees 48 
Part-Time Employees
Number of Branch Offices
Total Assets 99,574,825 
Website http://www.portalliancefcu.com 

Compare Portalliance Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Norfolk Municipal CU Norfolk Municipal Employees Federal Credit Union 5957 E Virginia Beach Blvd Ste 14 23502 (757) 822-6166 No 0.18
Portsmouth Va City Employees CU Main 801 Crawford St 23705 (757) 393-8863 No 1.16
Portsmouth Schools CU PORTSMOUTH SCHOOLS FCU 455 Dinwiddie St 23704 (757) 398-9140 No 1.17
Prime Care Incorporated CU Sentara Leigh 830 Kempsville Rd 23502 (757) 261-8635 No 1.47
Old Dominion University Cu Inc., CU Branch 4901 Hampton Blvd 23517 (757) 683-0530 No 2.31

Portalliance Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Portalliance 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 12.80 5.83 7.31 7.63 8.05
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 447 474 572 461 477
Rank Among All Virginia Credit Unions 50 68 75 56 58

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.40 0.95 1.49
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 76 183 95
Rank Among All Virginia Credit Unions N/A 22 9 29 6
Portalliance Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.8001,6963,726,812
All Other Unsecured Loans/Lines of Credit 14.0501,4942,402,183
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.8304,63533,958,682
Used Vehicle Loans 7.3102,34641,564,215
Total 1st Mortgage Real Estate Loans/Lines of Credit 7.6304117,103
Total Other Real Estate Loans/Lines of Credit 8.05021378,535
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.970991,110,828
TOTAL LOANS & LEASES 10,29583,258,358

Portalliance 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 4117,10300
    b. 15 Years or less 0000
    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


Closed-End Fixed Rate 19309,86900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 268,66600
TOTALS 25495,63800


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

Portalliance 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes