Advance Financial Federal Credit Union
Overview / Commentary
Advance Financial Federal Credit Union is headquartered in Schererville and is the 39th largest credit union in the state of Indiana. It is also the 1,642nd largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 37 employees and 7,544 members at 2 locations. Advance Financial Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or is educated in Lake and Porter Counties in Indiana.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24078 |
| Year Chartered | 1937 |
| Employees | 37 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.41% |
| Return on Equity - YTD | -4.31% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $124.1MM$127.3MM |
| Loans | Q1 2025vs Q1 2024 | $60.6MM$67.6MM |
| Deposits | Q1 2025vs Q1 2024 | $110.7MM$115.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $11.7MM$9.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $439K$278K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $421K$327K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |