Peoples Advantage Credit Union Petersburg VA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Peoples Advantage, your trusted partner in financial growth and community support, located at 110 Wagner Rd, Petersburg, VA 23805. Since our establishment in 1966, we have been dedicated to providing exceptional service and a wide range of financial products tailored to meet the needs of our 9,326 members. With total assets of $98,441,286 and deposits reaching $7,318,579, we stand firm as a reliable choice for your banking needs. At Peoples Advantage, we believe in the power of community. Our commitment is not just to our members but also to the local area we serve. Under the leadership of our CEO, Amanda Habansky, and Board President, Michael Koch, we are focused on ensuring that every member receives personalized attention and support. Our team of 40 employees is here to help you navigate your financial journey with confidence. While you can always visit us at our branch for in-person assistance or utilize our drive-thru services for convenience, official correspondence should be sent to our mailing address: P O Box 3180, Petersburg, VA 23805-9303. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we've got you covered. We also provide online and mobile banking solutions so you can manage your finances anytime, anywhere. Feel free to reach out to us at 804-748-3081 or visit our website at peoplesadvfcu.org to learn more about how we can assist you today! Your financial success is just a call or click away.

Branch History & Mission

Welcome to Peoples Advantage in Petersburg, VA, where our rich legacy and commitment to community shine brightly. Established in 1966, our branch has proudly served as a financial partner for the local community for over 50 years. Located at 110 Wagner Rd, we are easily accessible, and just a short drive from notable landmarks such as the Petersburg National Battlefield. As a cornerstone of our community, Peoples Advantage has grown steadily, currently boasting a membership of 9,326 individuals. With total assets reaching an impressive $98,441,286, we provide a solid foundation for our members' financial needs. Our mission goes beyond just offering banking services; it is about fostering financial well-being and empowering our members to reach their goals. At Peoples Advantage, we believe in putting people first. Our mission statement emphasizes not only providing top-notch financial products like checking and savings accounts, auto loans, and mortgages but also giving back to the community that supports us. We engage in various outreach initiatives that strengthen ties with local organizations and help those in need. For your convenience, we offer drive-thru banking and ATM access, ensuring you can manage your finances efficiently while on the go. Our lobby hours are designed with your schedule in mind: Monday, Tuesday, Thursday, and Friday from 8:30 AM to 5:00 PM, and Wednesday from 10:00 AM to 5:00 PM. While members can visit us at 110 Wagner Rd, official correspondence should be sent to our mailing address at P O Box 3180, Petersburg, VA 23805-9303. We are dedicated to making banking accessible through modern digital tools such as online banking and mobile payments. As we continue to grow alongside our members and the Petersburg community, we invite you to join us. Experience the benefits of being part of a credit union that truly cares about your financial success. For any inquiries or assistance, feel free to reach out at 804-748-3081. Let's build a brighter future together at Peoples Advantage!

Branch Location & Accessibility

Convenient Access

Our location is easy to reach and features ample parking, making your visit smooth and hassle-free. We are also committed to accessibility, ensuring that all members can comfortably access our services with ADA-compliant facilities and ramps. If you need to send us official correspondence, please note that our mailing address is P O Box 3180, Petersburg, VA 23805-9303.

Get in Touch

Ready to take the next step? Call us at 804-748-3081 or stop by our branch today! Our friendly team is eager to help you with all your financial needs. At Peoples Advantage, we believe in making banking personal and accessible for everyone in Petersburg.

Local Highlights

While you're in the area, take advantage of our proximity to local landmarks. We are just a short drive from popular spots like Fort Lee and the historic downtown area, making it easy to fit your banking needs into your day.

Operating Hours

We want to be available when you need us! Our lobby hours are from 8:30 AM to 5:00 PM on Mondays, Tuesdays, Thursdays, and Fridays. On Wednesdays, we open a little later at 10:00 AM and close at 5:00 PM. If you're in a hurry or prefer quick transactions, we also offer basic drive-thru banking services for deposits and withdrawals.

Services Offered

At Peoples Advantage, we provide a range of services tailored just for you whether it's checking and savings accounts or personal loans. Need cash? We've got an ATM on-site for your convenience! Our staff is ready to assist you with auto loans, mortgage options, and even business banking solutions.

Member Eligibility

At Peoples Advantage, we believe that everyone deserves a chance to be part of our welcoming community. Becoming a member is simple and opens the door to a world of financial benefits tailored just for you. To qualify, individuals must meet certain criteria, such as living, working, or worshiping in specific areas or being related to existing members. This means if you're connected to our community, you're likely eligible! We encourage you to check out the detailed eligibility criteria at for the most current information. Joining Peoples Advantage not only gives you access to great financial products like checking and savings accounts, auto loans, and credit cards with rewards, but it also connects you with dedicated professionals who genuinely care about your financial well-being. Opening an account is a breeze just give us a call at (804) 748-3081 or stop by our branch located at 110 Wagner Rd Petersburg Va 23805 during our convenient hours. We can't wait to welcome you into the family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services designed to streamline your payment processes. Imagine this: you've just closed a big sale, but your customer wants to pay with a credit card. Our merchant services allow you to accept payments easily and securely, ensuring you never miss out on a sale. Plus, our competitive rates help keep your costs down. Located at 110 Wagner Rd Petersburg Va 23805, Petersburg, VA 23805, we invite you to visit us or call (804) 748-3081 to discover how we can help your business thrive!

Comprehensive List Of Services

Accessibility

We also ensure that banking is accessible for everyone by providing basic ATM access for withdrawals and balance checks. Our friendly staff is always ready to assist during lobby hours from Monday through Friday, making it convenient for you to handle all your banking needs.

Business Banking

We haven't forgotten about local businesses! At Peoples Advantage, we offer comprehensive Business Banking solutions including Merchant Services and Business Loans. We understand the unique challenges businesses face and are here to support you every step of the way.

Credit Cards and Personal Loans

For those unexpected expenses or to consolidate debt, our Personal Loans and Debt Consolidation options can provide the relief you need. Plus, with our Credit Cards with Rewards, every purchase can earn you points towards exciting rewards making spending more rewarding!

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust Online and Mobile Banking features that allow you to manage your accounts anytime, anywhere. With options for ATM & Cash Withdrawal Services, accessing your funds has never been easier. Plus, enjoy the simplicity of basic drive-thru banking for quick transactions like deposits and withdrawals.

Get Started Today!

At Peoples Advantage, we're committed to making banking easy and enjoyable for our members. If you have questions about any of our services or want to learn more about how we can help you achieve your financial dreams, don't hesitate to reach out! Call us at 804-748-3081 or visit us at our branch in Petersburg. Let's work together towards a brighter financial future!

Personal Banking Solutions

When it comes to personal banking, we offer various options that help you manage your finances effectively. Our Checking and Savings Accounts provide easy access to your money while helping you grow your savings. Need a little extra cash for that dream car? Our Auto Loans and Vehicle Financing options make it easy to get behind the wheel without breaking the bank. If homeownership is on your mind, consider our Mortgage Loans and Refinancing services, tailored to fit your budget.

Digital & Online Banking

Key Features

Our online banking platform provides a user-friendly experience, allowing you to check balances, transfer funds, and pay bills with just a few clicks. For those who prefer to manage their banking on the go, our mobile application is readily available for download, making it simple to keep track of your finances wherever life takes you. Sending money to friends or family is also a breeze with our person-to-person transfer feature. Need to sign important documents? No problem! We offer electronic signature authorization, which means you can complete transactions quickly and securely without needing to visit the branch. For those who like to stay organized, our e-statements provide a convenient way to review your account activity while being environmentally friendly. You'll receive your statements electronically, so there's no need to wait for them in the mail.

Security and Accessibility

Your safety is our priority. Our online banking systems are equipped with robust security measures to protect your personal information. You can feel confident knowing that your data is safe while you enjoy the convenience of managing your accounts digitally. At Peoples Advantage, we strive to make banking accessible for everyone. Whether you're using mobile payments for quick purchases or keeping an eye on your accounts through our online platform, we're here to support you every step of the way. Join us today and discover how easy banking can be!

Financial Strength

Efficient Operations

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 40 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Membership Base

Total Share and Deposit Accounts: 17,472, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0 also highlight our commitment to supporting your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Peoples Advantage is your trusted partner. Visit us at 110 Wagner Rd Petersburg Va 23805 or call (804) 748-3081 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $14,296,430 in share certificates and $9,487,540 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $534,152, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Reinvesting in Your Future

With $10,951,430 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $1,171 in used auto loans and $52,689,086 in total loans and leases.

Solid Financial Foundation

With a net worth of $22,414,515, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,272 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $18,035,688 in used vehicle loans and $3,264,790 in new vehicle loans already helping members get on the road. We provide flexible terms and refinancing options to ensure you find the best fit for your budget.

Business Financing

For business owners, our outstanding commercial loans provide the capital needed to grow and expand. While currently we do not have commercial loans available at this time, our personal loan options can be an excellent alternative for managing cash flow. At Peoples Advantage, we prioritize your financial well-being. For more information on eligibility and refinancing options for any of our loan products, feel free to reach out to us at 804-748-3081. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're here to help you navigate your financial journey!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $3,017,342 in loans helping members manage their finances effectively. This option is perfect for those who want to consolidate debt or cover everyday expenses without high interest rates.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,972,765, make buying or refinancing simple. We guide you through each step of the process and offer competitive rates that can help you save money over time.

Loan Aggregator

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