CHARTWAY

5700 Cleveland St
Virginia Beach, VA 23462

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 13242
Date Established 1959
Assets $2,162.14 million
Loans $1,683.36 million
Deposits $1,861.56 million
Capital $186.65 million

Chartway is an NCUA insured institution located in Virginia Beach, VA. It was founded in 1959 and has approximately $2162.14 millions in assets.

Who can join?

You can if...

You or your immediate family member works at, attends school at, volunteers at or worships at one of these 750+ organizations who have chosen to offer Chartway’s credit union benefits.

You live, work, worship or go to school in a defined geographic area served by one of their branches

Field of Membership Restrictions

Membership in Chartway Federal Credit Union is open to those who make a $10 donation to the We Promise Foundation or live, work, worship or attend school in an area served by one of the credit union's branches.

Deposit Rates - January 23, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $2,500 $4,999 Learn MoreShow Less
Money Market
0.20% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
2.50% $100 $499 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.50% $10,000 - Learn MoreShow Less
2.50% $10,000 $24,999 Learn MoreShow Less
2.60% $10,000 $24,999 Learn MoreShow Less
2.77% $10,000 $24,999 Learn MoreShow Less
2.77% $10,000 $24,999 Learn MoreShow Less
2.80% $10,000 $24,999 Learn MoreShow Less
2.88% $10,000 $24,999 Learn MoreShow Less
3.16% $10,000 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,500 $9,999 Learn MoreShow Less

Loan Rates - January 23, 2019

Your Current Location: Washington, WA 98109

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 2.39% 2.39% $720.33
5 Year 2.89% 2.89% $448.00
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Below are Chartway branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Chartway Locations

Financial Details

Chartway Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Chartway. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Chartway U.S. Average
10.38% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Chartway had $20,452,845 in non-current loans and $871,401 in owned assets. To cover these potential losses it had $186,649,089 in net worth and $18,827,501 in loans loss reserves. That gives it a Texas Ratio of 10.38%.

Net Worth
Chartway U.S. Average
8.63% 13.21%

Chartway FCU has a net worth of 8.63% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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