Credit Unions Near Me
National Credit Union Service Organization

CHARTWAY FEDERAL CREDIT UNION

Mar, 31, 2021 — CHARTWAY FEDERAL CREDIT UNION is a federal credit union headquartered in Virginia Beach, VA with 40 branch locations and about $2.50 billion in total assets. Opened 62 years ago in 1959, CHARTWAY FEDERAL CREDIT UNION has about 190,499 members and employs 530 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 251481614
Name:CHARTWAY FEDERAL CREDIT UNION
Address:
(Main Office)
5700 Cleveland St
Virginia Beach, VA 23462-1752
Phone:(757) 552-1000
Fax:(757) 497-0158
Website:https://www.chartway.com
Branches:40 branch locations
Members:190,499
Credit Union Type:Federal Credit Union
Charter Number:13242
Membership Type:Multiple common bond - Primarily military
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$2,499,363,220
CEO/Manager:Brian T Schools
Chairperson:George Sauer

Call Report

  • Commercial Loans
  • Credit Builder
  • Debt Cancellation/Suspension
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • In-School Branches
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 371,068,190
TOTAL INVESTMENTS 243,505,250
Loans Held for Sale 3,520,167
 
 Real Estate Loans 299,964,345
 Unsecured Loans 130,920,004
 Other Loans 1,184,684,645
 TOTAL LOANS 1,659,317,875
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,099,155
 Land And Building 39,807,526
 Other Fixed Assets 10,801,337
 NCUSIF Deposit 20,062,871
 All Other Assets 172,379,159
  TOTAL ASSETS 2,499,363,220
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 25,039,410
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 615,562,108
 Regular shares 721,135,144
 All Other Shares & Deposits 921,944,677
  TOTAL SHARES & DEPOSITS 2,258,641,929
  TOTAL LIABILITIES 2,283,681,339
 Regular Reserve 18,529,735
 Other Reserves 24,568,206
 Undivided Earnings 172,583,940
  TOTAL EQUITY 215,681,881
  TOTAL LIABILITIES, SHARES, & EQUITY 2,499,363,220
INCOME & EXPENSE  
 Loan Income 16,462,409
 Investment Income 949,143
 Other Income 2,840,521
 Total Employee Compensation & Benefits 9,217,193
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,943,107
 Non-operating Income & (Expense) 1,575,838
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,229,706
 Cost of Funds 2,047,038
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,547,194
↑ Back to Top

Other Credit Unions

IBEW LOCAL UNION 80 FEDERAL CREDIT UNION
828 Providence Rd
CHESAPEAKE, VA 23325-4012
ST. MATTHEWS FEDERAL CREDIT UNION
6477 COLLEGE PARK SQUARE SUITE 200
VIRGINIA BEACH, VA 23464-3611
PORT OF HAMPTON ROADS ILA FEDERAL CREDIT UNION
1355 INTERNATIONAL TERMINAL BLVD, S
NORFOLK, VA 23505
PORTSMOUTH SCHOOLS FEDERAL CREDIT UNION
455 DINWIDDIE STREET
PORTSMOUTH, VA 23704
VA BEACH POSTAL FEDERAL CREDIT UNION
501 VIKING DR # A
VIRGINIA BEACH, VA 23452-7306
NORFOLK FIRE DEPARTMENT FEDERAL CREDIT UNION
4100 E Virginia Beach Blvd
NORFOLK, VA 23502-3331
SUMMIT HAMPTON ROADS FEDERAL CREDIT UNION
P O Box 9609
NORFOLK, VA 23505
PRIME CARE INCORPORATED CREDIT UNION
600 Gresham Dr.
NORFOLK, VA 23507
NMA FEDERAL CREDIT UNION
4920 Haygood Rd
VIRGINIA BEACH, VA 23455
NORTHERN STAR CREDIT UNION, INC.
5100 George Washington Hwy
PORTSMOUTH, VA 23702