Advance Financial Federal Credit Union is headquartered in Schererville and is the 38th largest credit union in the state of Indiana. It is also the 1,619th largest credit union in the nation. It was established in 1937 and as of June of 2024, it had grown to 35 employees and 8,189 members at 2 locations. Advance Financial Federal Credit Union has a B+ health rating.
Membership is open to those who live, work, worship, volunteer or is educated in Lake and Porter Counties in Indiana.
See current membership details
Overall | |
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NCUA # | 24078 |
Year Chartered | 1937 |
Employees | 35 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.29% |
Return on Equity - YTD | -3.67% |
Annual Interest Income | $2.2MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $126MM$130.1MM |
Loans | Q2 2024vs Q2 2023 | $65MM$71.5MM |
Deposits | Q2 2024vs Q2 2023 | $114.2MM$118.6MM |
Equity Capital | Q2 2024vs Q2 2023 | $10MM$8.5MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $304K$301K |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $261K$465K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Advance Financial Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.03% | $5 | - | Regular Savings Account | |
0.03% | $0 | - | Holiday Club Accounts | |
0.03% | $0 | - | Back-to-School Club Savings Account | |
0.03% | $0 | - | IRA Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $150k* | - | Money Market | ||
OTHER TIERS: 0.03% → $500 - $2k | 0.04% → $2k - $20k | 0.05% → $20k - $75k | 0.10% → $75k - $150k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.04%* | $20k* | - | Better Than Free Checking Account | ||
OTHER TIERS: 0.01% → $0 - $500 | 0.02% → $500 - $5k | 0.03% → $5k - $20k | |||||
0.03% | $25 | - | Advantage Plus Checking Account |
Advance Financial Federal Credit Union Locations | ||
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Branch Office | 4035 Alder St | East Chicago, IN 46312 |
Branch Office | 31 W US Highway 30 | Schererville, IN 46375-2108 |