Skip to main content
credit union

Chartway

Virginia Beach, VA · Est. 1959
B
Trust Grade
Strong
Score: 80/100

Chartway is a credit union based in Virginia Beach, Virginia, established in 1959, with $3.3 billion in total assets serving 260,806 members. By Trust Grade it ranks 74th of 95 credit unions we track in Virginia. Its net worth ratio of 8.1% trails most similarly sized credit unions (4th percentile), versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 0.45% return on assets. No consumer complaints against Chartway appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$3.3B
$1B–10B institution
Members
260,806
Shares & deposits
Net worth ratio
8.1%
Bottom 4% of $1B–10B peers · Virginia median 11.9%
Return on assets
0.5%
Bottom 26% of $1B–10B peers · Virginia median 0.56%
Rank in Virginia
#74
of 95 credit unions

How Chartway compares to Virginia peers

Net worth ratio
Bottom 4% of $1B–10B peers
Chartway
8.1%
Virginia median
11.9%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 26% of $1B–10B peers
Chartway
0.5%
Virginia median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Chartway

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
80/100
Customer experience
n/a
Overall
B · 80
  • Well-capitalized (8.1% capital ratio)
  • Profitable (ROA 0.45%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Chartway over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Chartway insured?

Yes. Chartway is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Chartway: frequently asked questions

Is Chartway a good credit union?

Chartway earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Well-capitalized (8.1% capital ratio); Profitable (ROA 0.45%).

Is Chartway NCUA-insured?

Yes. Chartway is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Chartway?

Chartway holds $3.3 billion in total assets, ranking 74th of 95 credit unions we track in Virginia. It serves 260,806 members.

Does Chartway have CFPB complaints?

No CFPB complaints against Chartway appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

State Department
credit union · Alexandria, VA · $2.9B assets
Bayport
credit union · Newport News, VA · $2.8B assets
Dupont Community
credit union · Waynesboro, VA · $2.1B assets
Northwest
credit union · Herndon, VA · $4.5B assets
University Of Va Community Cu
credit union · Charlottesville, VA · $1.6B assets
United States Senate
credit union · Alexandria, VA · $1.5B assets

Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

From the Blog

View all guides →