1st Advantage Federal Credit Union is headquartered in Yorktown and is the 15th largest credit union in the state of Virginia. It is also the 439th largest credit union in the nation. It was established in 1951 and as of March of 2022, it had grown to 209 employees and 69,535 members at 13 locations. 1st Advantage Federal Credit Union has an A health rating.
1st Advantage FCU is open to those who live, work, go to school or worship in the cities of Williamsburg, Hampton, Chesapeake, Norfolk, Virginia Beach, Portsmouth, Newport News, Poquoson and Suffolk, VA and Currituck and Gates Counties in NC; as well as; the counties of York, Gloucester, Isle of Wight, James City and Mathews, VA.
See current membership details
I've been with 1st Advantage FCU for years because of their rates. Anytime I want to finance a purchase, they always give me the best rates without the hassle. The application process was quick and easy! They even allowed me to completed everything from a different state!
|Return on Assets - YTD||0.54%|
|Return on Equity - YTD||5.11%|
|Annual Interest Income||$7.1MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$954.6MM$899.7MM|
|Loans||Q1 2022vs Q1 2021||$599.6MM$559.1MM|
|Deposits||Q1 2022vs Q1 2021||$839.2MM$791.3MM|
|Equity Capital||Q1 2022vs Q1 2021||$99.5MM$94.3MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$4.4MM$5.9MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$3.5MM$2.7MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$60.00K|
Rates for 1st Advantage Federal Credit Union are currently being reviewed.