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Overview / Commentary
1975 Buffalo Rd
Rochester, NY 14624

Advantage Federal Credit Union is headquartered in Rochester and is the 44th largest credit union in the state of New York. It is also the 893rd largest credit union in the nation. It was established in 1975 and as of March of 2014, it had grown to 67 employees and 23,754 members. Advantage Federal Credit Union's money market rates are 25% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Eligible members are those working for select employer groups or those who live, work, worship or attend school in Rochester. Also open to Businesses and other legal entities in the City of Rochester. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Advantage Federal Credit Union had $576,000 in non-current loans and owned real-estate with $21.07 million in equity and loan loss allowances on hand to cover it. This gives Advantage Federal Credit Union a Texas Ratio of 2.73% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Advantage Federal Credit Union experienced no significant changes from 2.77% as of March 31, 2013 to 2.73% as of March 31, 2014, resulting in a positive change of 1.17%.This indicates that the balance sheet and financial strength for Advantage Federal Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Advantage Federal Credit Union has increased its total deposits by $21.3 million, resulting in 12.53% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Advantage Federal Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Advantage Federal Credit Union has $214.26 million in assets with $21.07 million in equity, resulting in a capitalization level of 9.83%, which is above average.

Institution Statistics

NCUA #24181
Year Chartered1975
Primary Regulator
Assets and Liabilities
Assets$214.26 million
Loans$158.57 million
Deposits$191.29 million
Equity Capital$20.51 million
Loan Loss Allowance$559,000
Unbacked Noncurrent Loans$576,000
Real Estate Owned$0
Historic Data - March 2013
Assets$197.30 million
Equity Capital$20.21 million
Loan Loss Allowance$503,000
Unbacked Noncurrent Loans$576,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.67%
Return on Equity6.96%
Interest Income$2.12 million

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Advantage Federal Credit Union Savings Account Rates

0.50%--Youth Savings
0.50%--Teen Smart Savings
0.05%--Vacation Club
0.05%--Basic Savings
0.05%--Holiday Club

Advantage Federal Credit Union Money Market Rates

0.55%$50k-Money Maker

Advantage Federal Credit Union Checking Account Rates

0.65%$75k-Smart Money Checking

Advantage Federal Credit Union CD Rates

1.50%$500-60 Month Term Share Certificate
1.30%$500-48 - 59 Month Term Share Certificate
1.00%$500-36 - 47 Month Term Share Certificate
0.90%$500-30 - 35 Month Term Share Certificate
0.75%$500-24 - 29 Month Term Share Certificate
0.70%$500-18 - 23 Month Term Share Certificate
0.60%$500-12 - 17 Month Term Share Certificate
0.40%$500-6 - 11 Month Term Share Certificate

Advantage Federal Credit Union IRA Rates

1.50%--60 Month IRA Certificate
1.30%--48 - 59 Month IRA Certificate
1.00%--36 - 47 Month IRA Certificate
0.90%--30 - 35 Month IRA Certificate
0.75%--24 - 29 Month IRA Certificate
0.70%--18 - 23 Month IRA Certificate
0.60%--12 - 17 Month IRA Certificate
0.40%$500-6 - 11 Month IRA Certificate

Advantage Federal Credit Union Locations
Branch Office225 W Broad StRochester, NY 14608
Branch Office1625 Mount Hope AveRochester, NY 14620
Branch Office1000 South AveRochester, NY 14620
Branch Office2515 Browncroft BlvdRochester, NY 14625
Main Office1975 Buffalo RdRochester, NY 14624
Branch Office6000 Reynolds DriveRochester, NY 14623
Branch Office1445 Portland AveRochester, NY 14621