PEOPLES ADVANTAGE
Federal • Petersburg, Virginia • Est. 1966
Quick Facts
- Charter Number
- #17464
- Type
- Federal
- Established
- 1966
- Headquarters
- Petersburg, Virginia 23805-9303
- Address
- P O Box 3180
- Branches
- 5
- ATMs
- 4
- Members
- 9,316
- Membership Type
- Other/Unknown
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Above-average financial health. Net worth is strong and key ratios are within normal ranges, with minor areas to monitor.
Financial Overview
Total Assets
Members
9,316 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | PEOPLES ADVANTAGE |
|---|---|
| Total Assets | $111.6M |
| Members | 9,316 |
| Loans Outstanding | $58.1M |
| Shares & Deposits | $84.6M |
| Net Worth | $23.9M |
| Net Worth Ratio | 21.43% |
| Loan-to-Share Ratio | 68.7% |
| Delinquency Rate | 1.93% |
| Net Income | +$2,402,249 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
5 locations · 4 ATMs
Main Office
Main Office110 Wagner Rd
Petersburg, VA 23805-9303
Colonial Heights Office
2801 Conduit Rd
Colonial Heights, VA 23834-2971
Member Drive Technologies (MDT)
30230 Orchard Lake Rd
Farmington Hills, MI 48334
Financial Empowerment Center Petersburg
100 Perry St
Petersburg, VA 23803
Financial Empowerment Center Richmond
3601 Dill Rd
Richmond, VA 23222-3459
Who Can Join PEOPLES ADVANTAGE?
Membership Type: Other/Unknown
Membership eligibility for PEOPLES ADVANTAGE may vary. Contact the credit union directly to confirm qualification requirements.
Contact PEOPLES ADVANTAGE directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Virginia RankingsFrequently Asked Questions
Yes. PEOPLES ADVANTAGE is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, PEOPLES ADVANTAGE has 9,316 members and a potential membership field of 1,200,000 people.
PEOPLES ADVANTAGE's net worth ratio is 21.43% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 21.4%, PEOPLES ADVANTAGE meets this threshold.
PEOPLES ADVANTAGE operates 5 branch locations and has access to 4 ATMs. The main office is located at 110 Wagner Rd, Petersburg, VA 23805-9303.
PEOPLES ADVANTAGE was established in 1966. It is a federal credit union chartered under charter number 17464. The institution has been serving members for 60 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or PEOPLES ADVANTAGE. All financial data is for informational purposes only.