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Overview / Commentary
1975 Buffalo Road
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 879th largest credit union in the nation. It was established in 1975 and as of December of 2013, it had grown to 69 employees and 23,642 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 Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Advantage Federal Credit Union had $679,000 in non-current loans and owned real-estate with $20.38 million in equity and loan loss allowances on hand to cover it. This gives Advantage Federal Credit Union a Texas Ratio of 3.33% 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 2.45% as of December 31, 2012 to 3.33% as of December 31, 2013, resulting in a negative change of 36.02%. 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 $17.98 million, resulting in 10.88% 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 $212.26 million in assets with $20.38 million in equity, resulting in a capitalization level of 9.60%, which is above average.

Institution Statistics

NCUA #24181
Year Chartered1975
Primary Regulator
Assets and Liabilities
Assets$212.26 million
Loans$161.58 million
Deposits$183.29 million
Equity Capital$19.83 million
Loan Loss Allowance$548,000
Unbacked Noncurrent Loans$679,000
Real Estate Owned$0
Historic Data - December 2012
Assets$191.07 million
Equity Capital$20.23 million
Loan Loss Allowance$544,000
Unbacked Noncurrent Loans$679,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.23%
Return on Assets0.66%
Return on Equity7.07%
Interest Income$8.35 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
1.00%$500-13 Month CD Special
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
1.00%$500-13 Month IRA Special
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