Chartway Federal Credit Union

Headquarters

5700 Cleveland St
Virginia Beach, VA 23462
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 3.05% →
1-Year CD 0.35% 3.70% →
2-Year CD 0.65% 3.80% →
5-Year CD 0.95% 4.25% →
30-Year Mortgage 7.16% 6.31% →
15-Year Mortgage 6.73% 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Chartway is an NCUA insured institution located in Virginia Beach, VA. It was founded in 1959 and has approximately $2619.64 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

NCUA Insured Yes / Federally Chartered
Charter Number # # 13242
Date Established 1959
Assets $2,619.64 million
Loans $1,840.15 million
Deposits $2,363.39 million
Capital $223.65 million
 

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 - September 30, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
Premium Money Market Account
0.10% $10,000 $14,999 Learn More
Premium Money Market Account
0.10% $25,000 $34,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
30 Mo CD
0.65% $10,000 $14,999 Learn More
30 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.85% $10,000 $14,999 Learn More
48 Mo CD
0.85% $100,000 $199,999 Learn More
60 Mo CD
0.95% $10,000 $14,999 Learn More
60 Mo CD
0.95% $100,000 $199,999 Learn More
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.35% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
5 Year 2.90% 2.90% $448.11
6 Year 3.40% 3.40% $384.33
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:
Fairfield,Connecticut


Chartway Locations



Climate Initiatives

CHARTWAY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
9.53% 4.75

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 March 31, 2022, Chartway had $22,328,025 in non-current loans and $706,389 in owned assets. To cover these potential losses it had $223,645,951 in net worth and $18,060,863 in loans loss reserves. That gives it a Texas Ratio of 9.53%.

Net Worth
Chartway U.S. Average
8.54% 12.28%

Chartway FCU has a net worth of 8.54% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for CHARTWAY

There are currently no comments for CHARTWAY. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →