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Overview / Commentary
208-232-7714
P.O. Box 4610
Pocatello, ID 83205

Advantage Plus Federal Credit Union is headquartered in Pocatello and is the 12st largest credit union in the state of Idaho. It is also the 1,440th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 49 employees and 13,321 members. Advantage Plus Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, or attend school in Bannock, Power, Caribou or Bear Lake, Idaho. Refer to the credit union's Membership Page for the full details - See Details

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Health

Data for Q1 2014

Institution Health

B

Texas Ratio

GRADE:
B

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 Plus Federal Credit Union had $1.92 million in non-current loans and owned real-estate with $10.47 million in equity and loan loss allowances on hand to cover it. This gives Advantage Plus Federal Credit Union a Texas Ratio of 18.36% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Advantage Plus Federal Credit Union decreased dramatically from 33.42% as of March 31, 2013 to 18.36% as of March 31, 2014, resulting in a positive change of 45.07%.This indicates that the balance sheet and financial strength for Advantage Plus Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Advantage Plus Federal Credit Union has decreased its total deposits by -$2.78 million, resulting in -2.8% 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 Plus Federal Credit Union has shown is below average.

Capitalization

GRADE:
B

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 Plus Federal Credit Union has $108.35 million in assets with $10.47 million in equity, resulting in a capitalization level of 9.66%, which is above average.

Institution Statistics

Overall
NCUA #8428
Year Chartered1953
Employees49
Primary Regulator
Assets and Liabilities
Assets$108.35 million
Loans$72.97 million
Deposits$96.66 million
Equity Capital$9.75 million
Loan Loss Allowance$721,000
Unbacked Noncurrent Loans$1.53 million
Real Estate Owned$390,000
Historic Data - March 2013
Assets$110.81 million
Equity Capital$9.23 million
Loan Loss Allowance$900,000
Unbacked Noncurrent Loans$1.53 million
Real Estate Owned$1.04 million
Profit Margin - Quarterly
Return on Assets0.6%
Return on Equity6.69%
Interest Income$917,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Advantage Plus Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Advantage Plus Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.31%--Christmas Club Savings
0.25%--IRA Savings
0.25%--Roth IRA Savings
0.25%--CESA Savings
0.20%$25k-Share Plus Savings
0.10%$4k-Regular Share Savings
0.10%-$2kMedical Savings

Advantage Plus Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$150k-Money Market Savings

Advantage Plus Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.05%-$15kFREE Reward Checking - Qualifying
0.25%$20k-Premium Dividend Checking
0.10%$500-Regular Dividend Checking
0.10%--Automatic Dividend Checking
0.05%--FREE Reward Checking - Non Qualifying

Advantage Plus Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.40%--60 Month Share Certificate
1.15%--48 Month Share Certificate
1.00%--36 Month Share Certificate
0.55%--24 Month Share Certificate
0.40%--12 Month Share Certificate
0.40%--18 Month Share Certificate
0.15%--3 Month Share Certificate
0.15%--6 Month Share Certificate

Advantage Plus Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.40%--60 Month IRA Share Certificate
1.15%--48 Month IRA Share Certificate
1.00%--36 Month IRA Share Certificate
0.55%--24 Month IRA Share Certificate
0.40%--12 Month IRA Share Certificate
0.40%--18 Month IRA Share Certificate
0.15%--3 Month IRA Share Certificate
0.15%--6 Month IRA Share Certificate
Locations


Advantage Plus Federal Credit Union Locations
Branch Office2133 E Center StPocatello, ID 83201-2616
Branch Office150 W Chubbuck RdChubbuck, ID 83202-2313
Branch Office70 E 2nd SSoda Springs, ID 83276-1408
Branch Office465 Hillcrest AveAmerican Falls, ID 83211
Branch Office177 N 4th StMontpelier, ID 83254-1535
Branch Office3415 Johnny Creek RdPocatello, ID 83204-4458