Peoples Advantage Credit Union Richmond VA | Best Auto Loans & Business Banking

Introduction

Welcome to Peoples Advantage, your trusted partner in financial growth and community support, located at 3601 Dill Rd, Richmond, VA 23222. Since our establishment in 1966, we have been dedicated to serving our members with personalized banking solutions and a commitment to building lasting relationships. With over 9,300 members and total assets exceeding $98 million, we are proud to be a cornerstone of financial empowerment in the Richmond area. At Peoples Advantage, we understand that every member's journey is unique. That's why we offer a wide range of services tailored to meet your individual needs from checking and savings accounts to auto loans, mortgage financing, and credit cards with rewards. Our team, led by CEO Amanda Habansky and Board President Michael Koch, is here to guide you through every step of your financial path. While members can visit us at our branch for face-to-face assistance, please note that official correspondence should be sent to our mailing address: 110 Wagner Rd, Petersburg, VA 23805-9303. We're always just a phone call away at 804-748-3081, ready to answer any questions or provide support. With total deposits of $7,318,579 and a net worth of $22,414,515, our financial health reflects our commitment to you our valued member. Whether you're looking for help with personal finance or business banking solutions, you can trust that your needs are our priority. Join us today at Peoples Advantage and experience the difference of community-focused banking. Visit us online at peoplesadvfcu.org or stop by our branch during lobby hours from 10 AM to 1 PM and 3 PM to 5 PM on weekdays. Let's work together towards achieving your financial goals!

Branch History & Mission

Welcome to Peoples Advantage, a cornerstone of community banking in Richmond, VA. Established in 1966, we have proudly served our members for over 57 years, growing alongside the vibrant community we call home. Our branch is located at 3601 Dill Rd, Richmond, VA 23222, a place that has witnessed countless stories of hope and financial empowerment. Just a stone's throw away from local landmarks, our location is easily accessible for all. Over the decades, Peoples Advantage has evolved significantly. From our humble beginnings, we have expanded our services to meet the diverse needs of our members. Today, we boast a membership of over 9,326 individuals and families who trust us with their financial well-being. With total assets exceeding $98 million, we are committed to providing high-quality financial services that empower our members to achieve their goals. Our mission is simple yet profound: to enhance the financial lives of our members while making a positive impact on the community. We offer a range of services from personal banking including checking and savings accounts to auto loans, mortgage refinancing, and credit cards with rewards. We also support local businesses through tailored banking solutions that help them thrive. While members can visit us at 3601 Dill Rd, official correspondence should be sent to 110 Wagner Rd, Petersburg, VA 23805-9303. This ensures that we can effectively manage your needs while maintaining open lines of communication. At Peoples Advantage, we believe in embracing technology to better serve you. Our digital offerings include online and mobile banking services that allow you to manage your finances conveniently from anywhere. Whether you're using our ATM services or accessing your account through your smartphone, we're here to make banking easier for you. Community support is at the heart of what we do. We actively engage in partnerships and outreach initiatives aimed at uplifting those around us. Our team is dedicated not only to helping you secure your financial future but also to contributing positively to the fabric of Richmond. Join us today! Experience the difference that a member-focused credit union can make in your life. Whether you're looking for a new loan or simply want to explore your options, we invite you to reach out by calling us at 804-748-3081 or visiting our website at peoplesadvfcu.org. Let's work together towards your financial success!

Branch Location & Accessibility

Get in Touch

If you have any questions or need assistance before visiting, don't hesitate to call us at 804-748-3081. We're looking forward to welcoming you into our branch and helping you achieve your financial goals. Come see us soon!

Operating Hours

We want to make banking as easy as possible for you! Our lobby hours are Monday through Friday from 10 AM to 1 PM and 3 PM to 5 PM. Feel free to drop by during these times; our knowledgeable staff will be ready to assist you with everything from checking accounts to credit cards with rewards.

Services Offered

At Peoples Advantage, we pride ourselves on offering a wide range of services tailored to fit your lifestyle. From personal banking options like checking and savings accounts to vehicle financing and mortgage loans, we've got you covered. We also provide online and mobile banking services for your convenience. Need cash? Our ATM is available for quick withdrawals and balance checks.

Member Eligibility

At Peoples Advantage, we believe that becoming a member means joining a close-knit community where your financial well-being is our top priority. If you're wondering about eligibility, it's quite simple! We welcome individuals who live, work, worship, or attend school in the Richmond area and surrounding communities. This means if you have a connection to our vibrant neighborhood, you're likely eligible to join us. The benefits of membership include access to a range of financial services tailored to support your goals from personal banking options to auto loans and more. To learn more about specific eligibility criteria, feel free to check out our detailed information at this link. If you're ready to take the next step toward becoming part of our family, opening an account is easy! Just give us a call at (804) 748-3081, and we'll guide you through the process. We're excited to help you on your financial journey right here at 3601 Dill Rd Richmond Va 23222!

Business Banking & Commercial Services

Commercial Loans to Fuel Your Business Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. Whether you are looking to expand your operations or invest in new equipment, we are here to help. - 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 for Everyday Needs

In addition to loans, our merchant services simplify payment processing so you can focus on what you do best running your business. Imagine seamlessly accepting payments from customers, whether in-store or online, making every transaction smooth and hassle-free. Located conveniently at 3601 Dill Rd Richmond Va 23222 in Richmond, VA, we invite local business owners to explore how our services can enhance their operations. Reach out today at (804) 748-3081, and let's start building a brighter future together!

Comprehensive List Of Services

Business Solutions Tailored for You

For our business members, we provide comprehensive Business Banking solutions, including merchant services and business loans. We understand that running a business requires reliable banking support, and we're here to ensure that you have access to the financial tools necessary for growth.

Embracing Technology for Convenience

In today's fast-paced world, convenience matters. That's why we offer robust Online & Mobile Banking options that allow you to manage your accounts from anywhere at any time. With features like mobile payments and person-to-person transfers, staying on top of your finances has never been easier. Whether you're in need of immediate cash through basic ATM access or seeking comprehensive financial advice, Peoples Advantage is committed to being there for you. Our friendly staff is ready to assist you with any questions or concerns at 804-748-3081 during our operating hours from 10 AM to 1 PM and 3 PM to 5 PM on weekdays. We invite you to explore all that Peoples Advantage has to offer. Visit us today or check out more information on our website at http://peoplesadvfcu.org. Let us help you achieve your financial goals!

Manage Your Finances with Confidence

Managing debt can be overwhelming, but with our Personal Loans & Debt Consolidation services, we help simplify your finances and get you back on track. Plus, our Credit Cards with Rewards offer great benefits for everyday purchases, making it easier for you to earn while you spend.

Personal Banking Made Easy

For individuals and families, our Personal Banking services include checking and savings accounts designed for everyday use. You can easily access your funds through our ATM & Cash Withdrawal Services, ensuring you have cash when you need it. If you're planning to purchase a car, our Auto Loans & Vehicle Financing options make it simple to drive away in your dream vehicle without breaking the bank. We also offer Mortgage Loans & Refinancing services for those looking to buy their first home or refinance an existing mortgage. Our team is here to guide you through each step of the process so you can make informed decisions about your investments.

Digital & Online Banking

E-Statements and Mobile Features

Go green with our e-statements! Enjoy instant access to your financial statements without the clutter of paper. This feature not only saves trees but also ensures that you have secure access to your documents whenever you need them. For those who prefer banking on the go, our mobile application is available for download, allowing you to manage your accounts right from your smartphone. Plus, with mobile payments enabled, making purchases is as simple as a tap on your screen.

Online Banking Services

Access your accounts 24/7 through our online banking platform at http://peoplesadvfcu.org. Whether you want to check your balance, transfer funds, or pay bills, our user-friendly interface allows you to do it all with just a few clicks. You can also enjoy the ease of electronic signature authorization for transactions, making processes quicker and hassle-free.

Person-to-Person Transfers

Need to send money to a friend or family member? Our person-to-person transfer feature makes it easy and quick to send funds directly from your account without any fuss. With all these features at your fingertips, Peoples Advantage offers an accessible way to keep track of your finances while ensuring that everything remains safe and secure. Experience the freedom of real-time account management today!

Financial Strength

Dedicated Team

We also take pride in having 40 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Together with our dedicated staff and robust infrastructure, we strive to create an environment where your financial needs come first.

Growing Membership Base

Total Share Accounts stand at 17,472, showing a strong and growing member base that trusts us with their finances. Our commitment to serving you remains steadfast as we continue to grow together. 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 3601 Dill Rd Richmond VA 23222 or call 804-748-3081 to learn more about how we can help you achieve your financial goals.

Lending Capacity

With $18,035,688 in used auto loans and a total of $52,689,086 in loans and leases available to our members, we support your financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, allowing us to focus on providing competitive loan rates and solid financial products tailored for you.

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.

Reinvestment for Growth

Our commitment to reinvesting in our community is evident with $10,951,430 in undivided earnings. This allows us to enhance innovative banking tools and stronger lending options while ensuring the security measures needed to serve our members effectively.

Solid 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 22.72% 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 financing solutions tailored to your needs, whether you're purchasing a brand-new vehicle or a reliable used car.

Credit Lines

For those looking for extra flexibility in their budgeting, our credit lines provide access to $20,468,314 in total credit lines. This option allows you to borrow as needed while keeping your monthly payments manageable. If you're considering refinancing any existing loans or want to explore eligibility options tailored just for you, our team is here to help guide you through every step of the process. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Peoples Advantage is committed to providing personalized financial solutions that fit your unique situation. Contact us today to find out how we can assist you with our range of loan products!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $5,972,765, making buying or refinancing simple. We aim to make the process straightforward so you can focus on making your new house a home.

Unsecured Credit Card Loans

Managing everyday expenses? 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. These credit cards come with competitive rates and rewards that can benefit your lifestyle.

Loan Aggregator

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