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Peoples Advantage Credit Union Share
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Overview Share
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Peoples Advantage Credit Union is a federal credit union based in Petersburg, Virginia. It has been opened since 1966, for 56 years.

With around $69,180,000 in assets, Peoples Advantage Credit Union is considered to be a large credit union. It has 4 branches and 4 ATM locations.

About Share
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Address P.O. Box 3180
Petersburg, Virginia 23805
Website http://peoplesadvfcu.org
Phone (804) 748-3081
Fax (804) 748-5683
CEO Patsy Smith
President of the Board Peter Poulton
Services Offered
Score Card Share
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56 years
Years in business
Opened in 1966
Well Capitalized
Net worth classification
Source: NCUA
9,239 members
Membership type: Community credit union
Above average number of members
243:1
Credit union member to staff ratio
243 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$69,183,425
Total assets
Above average
4 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
12.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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4 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
Peoples Advantage Credit Union Branch Locations

Peoples Advantage Credit Union: Colonial Heights Office
2801 Conduit Road
Colonial Heights, Virginia 23834
ATM Available
Peoples Advantage Credit Union: Main Office
110 Wagner Road
Petersburg, Virginia 23805
ATM Available
Peoples Advantage Credit Union: Chesterfield Office
10001 Courtview Lane
Chesterfield, Virginia 23832
ATM Available
Peoples Advantage Credit Union: West Broad Office
6620 W. Broad Street
Building 2
Richmond, Virginia 23230
ATM Available
Members Share
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9,239 members
Membership type: Community credit union
Above average number of members

With 9,239 members, the Peoples Advantage Credit Union is considered to be a large credit union. It is larger than 69% of credit unions.

Fees Share
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$134
Average fee per member
The average fee per member at the Peoples Advantage Credit Union is $134, which is very high compared to most credit unions. This rate is higher than 94% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Peoples Advantage Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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243:1
Credit union member to staff ratio
243 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
38 staff members
FTE (full-time equivalent)
0% of employees are part-time
38 full-time, 0 part-time

Peoples Advantage Credit Union has 38 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Peoples Advantage Credit Union has around 243 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$69,183,425
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
13.5%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$7,562
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 73% of credit unions.

Peoples Advantage Credit Union holds a total of $47,590,000 in loans and leases, which is about $7,562 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Peoples Advantage Credit Union pays 0.10%.

Loan rates Share
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12.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
17.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.10%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.24%
New car loan rate
Compared to 4.0% nationally
18.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.52%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.45%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Peoples Advantage Credit Union: West Broad Office ATM
Credit Union ATM: 6620 W. Broad Street
Building 2
Richmond, Virginia 23230
Peoples Advantage Credit Union: Main Office
Credit Union Branch: 110 Wagner Road
Petersburg, Virginia 23805 ATM Available
Peoples Advantage Credit Union: Colonial Heights Office ATM
Credit Union ATM: 2801 Conduit Road
Colonial Heights, Virginia 23834
Peoples Advantage Credit Union
Credit Union: Well Capitalized Petersburg, Virginia 9239.0 $69 million Well Capitalized
Peoples Advantage Credit Union: Main Office ATM
Credit Union ATM: 7260 W. 135th Street
Overland Park, Kansas 66223
Peoples Advantage Credit Union: Chesterfield Office ATM
Credit Union ATM: 10001 Courtview Lane
Chesterfield, Virginia 23832
Peoples Advantage Credit Union: Colonial Heights Office
Credit Union Branch: 2801 Conduit Road
Colonial Heights, Virginia 23834 ATM Available
Peoples Advantage Credit Union: Chesterfield Office
Credit Union Branch: 10001 Courtview Lane
Chesterfield, Virginia 23832 ATM Available
Peoples Advantage Credit Union: Main Office ATM
Credit Union ATM: 110 Wagner Road
Petersburg, Virginia 23805
Peoples Advantage Credit Union: West Broad Office
Credit Union Branch: 6620 W. Broad Street
Building 2
Richmond, Virginia 23230 ATM Available