PEOPLES ADVANTAGE Credit Union Profile

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PEOPLES ADVANTAGE

Charter #17464 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (804) 748-3081

Fax: (804) 748-5683

Founding Date: N/A

Website: https://www.peoplesadvfcu.org/

Personnel & Operations

President: Koch, Michael

Manager: Habansky, Amanda

FT Employees: 42

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 4

Hours: M T TH F 8:30-5:00 w 10:00 - 5:00

Credit Union Profile Summary

PEOPLES ADVANTAGE is a FCU Credit Union. With a total of 9,250 members [1], this institution manages approximately $107,413,553 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 22.7% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 5.90% [1].

Financial Snapshot

Total Assets [1]
$107,413,553

Total economic resources.

Total Loans [1]
$54,465,178

Total value of outstanding loans.

Total Deposits [1]
$80,312,545

Total funds deposited by members.

Members [1]
9,250

Number of active members.

Performance Ratios

Net Worth Ratio [1]
22.7%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
3.51%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
67.82%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
10.06%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
5.90%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
0.85%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

110 Wagner Rd

Petersburg, VA, 23805-9303

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 4 branches reported by PEOPLES ADVANTAGE (Charter #17464).

Main Office

Main Office Main Office

Type: Corporate Office

110 Wagner Rd

Petersburg, VA 23805-9303

Phone: (804) 748-3081

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Colonial Heights

Colonial Heights Office

Type: Branch Office

2801 Conduit Rd

Colonial Heights, VA 23834-2971

Phone: (804) 748-5683

Services: Member Services, ATM, Drive-Thru

Open in Directions

Farmington Hills

Member Drive Technologies (MDT)

Type: Corporate Office

30230 Orchard Lake Rd

Farmington Hills, MI 48334

Phone: (586) 795-9135

Services: None specified

Open in Directions

Petersburg

Financial Empowerment Center

Type: Branch Office

100 Perry St

Petersburg, VA 23803

Phone: (804) 748-3081

Services: Member Services, ATM

Open in Directions