PEOPLES ADVANTAGE

P O BOX 3180
Petersburg, VA 23805

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 17464
Date Established 1966
Assets $69.67 million
Loans $50.92 million
Deposits $64.38 million
Capital $8.35 million
 

Peoples Advantage is an NCUA insured institution located in Petersburg, VA. It was founded in 1966 and has approximately $69.67 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work, worship volunteer, attend school in, or businesses and other legal entities located in the Counties of Amelia, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Goochland, Hanover, Henrico, King and Queen, King William, Louisa, New Kent, Powhatan, Prince George, and Sussex; and the Independent Cities of Colonial Heights, Hopewell, Petersburg, and Richmond.

Deposit Rates - October 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.11% $2,000 $19,999 Learn MoreShow Less
Money Market
1.21% $20,000 $74,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.81% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
1.00% $1,000 - Learn MoreShow Less
6 Mo CD
1.51% $1,000 - Learn MoreShow Less
12 Mo CD
1.81% $1,000 - Learn MoreShow Less
24 Mo CD
1.91% $1,000 $49,999 Learn MoreShow Less
36 Mo CD
2.12% $1,000 $49,999 Learn MoreShow Less
48 Mo CD
2.27% $1,000 $49,999 Learn MoreShow Less
60 Mo CD
2.42% $1,000 $49,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - October 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PEOPLES ADVANTAGE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.756% 3.750% 0.13 $188 $1,158 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.783% 3.750% 0.00 $1,012 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to PEOPLES ADVANTAGE
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Peoples Advantage 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:
Ashburn,Virginia


Peoples Advantage Locations


Financial Details

Peoples Advantage Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Advantage. 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
Peoples Advantage U.S. Average
9.45% 5.86

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, 2019, Peoples Advantage had $822,645 in non-current loans and $54,971 in owned assets. To cover these potential losses it had $8,349,521 in net worth and $942,011 in loans loss reserves. That gives it a Texas Ratio of 9.45%.

Net Worth
Peoples Advantage U.S. Average
11.98% 13.65%

Peoples Advantage FCU has a net worth of 11.98% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Peoples Advantage

Branches and Savings

What is Peoples Advantage?

A federal credit union, registered with the NCUA under certificate #17464.
Learn more about credit unions here.

Is Peoples Advantage FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Peoples Advantage?

Please see Field of Membership information above for information on who is eligible to join.

What are Peoples Advantage's share account and share certificate rates?

Peoples Advantage's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Peoples Advantage?

Peoples Advantage has total capital of $8.35 million. Full information on Peoples Advantage's financial position is located above.

Who owns Peoples Advantage?

Credit Unions are owned by their members.

Where are Peoples Advantage branches located?

See branch locations nearby.

Are Peoples Advantage ATMs Open 24/7?

Do Peoples Advantage ATMs accept cash deposits?

Can Peoples Advantage customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Peoples Advantage have a mobile app?

Does Peoples Advantage have mobile deposit?

Does Peoples Advantage have quick pay?

How can Peoples Advantage transfer money to other banks or credit unions?

Does Peoples Advantage report to credit bureaus?

Does Peoples Advantage use Chexsystems?

Does Peoples Advantage use Equifax?

What is Peoples Advantage's toll free phone number?

What is Peoples Advantage's ACH Routing Number?

What is Peoples Advantage's SWIFT code?

Where can I find Peoples Advantage's wire transfer form?

What is the Peoples Advantage address for deposits?

What Products Does Peoples Advantage Offer

Does Peoples Advantage offer mortgages?

Compare mortgage rates here.

Does Peoples Advantage offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Peoples Advantage offer auto and RV loans?

Compare auto loan rates here.

Does Peoples Advantage offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Peoples Advantage

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

Add Your Review

Rate it here →