Applications / Mortgage Analytics / Lenders / Virginia / Peoples Advantage Federal Credit Union
Petersburg, VA · Credit union · NCUA · $112 million assets · 72 loans in 2025
Peoples Advantage Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
72
loans originated, 2025
128
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Peoples Advantage Federal Credit Union lends mostly to low- and moderate-income borrowers: 62.0% of its 2025 loans, about double the share at similar lenders.
Similar lenders (credit unions making between half and twice as many loans) made 30.5% of their loans to low- and moderate-income (LMI) borrowers. It made 62.0%, more than almost all of them. 43.7% of its loans went to LMI neighborhoods and 53.5% to majority-minority neighborhoods, against 17.4% and 9.5% at peers.
It made no purchase loans in 2025. Home improvement made up 44.4% of its loans and other purposes 31.9%, with refinancing the rest. Its typical loan was $50,000, against $95,000 at peers, so its 72 loans came to just $4.5 million.
Its loans rose 16% to 72, faster than at nearly two-thirds of peers, and up from 44 in 2023. It filed no report for 2018 to 2022, so the record before 2023 is a gap, not a lull. It lends only in Virginia; its largest market is Richmond, VA, where its share is too small to register.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2023–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Peoples Advantage Federal Credit Union took 128 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 44.4% · Other 31.9% · Refinance 23.6%
Conventional 100.0% · of 72 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Virginia | 71 | 98.6% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Richmond | 67 |
| Virginia Beach-Chesapeake-Norfolk | 3 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 25490039PWHR3LPL6D62 | 2023–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 442589 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 517464 | 2002–2010 |
Established 1 January 1966. Reported under HMDA 2002-2025.
Mergers, name changes, data editions and corrections: Peoples Advantage Federal Credit Union's data.
Peoples Advantage Federal Credit Union's data
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Peoples Advantage Federal Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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