Advance Financial Federal Credit Union is headquartered in Schererville and is the 37th largest credit union in the state of Indiana. It is also the 1,565th largest credit union in the nation. It was established in 1937 and as of December of 2022, it had grown to 35 employees and 9,014 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 | 0.43% |
Return on Equity - YTD | 7.28% |
Annual Interest Income | $3.4MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $135.1MM$141.6MM |
Loans | Q4 2022vs Q4 2021 | $71.7MM$69.7MM |
Deposits | Q4 2022vs Q4 2021 | $122.3MM$125.6MM |
Equity Capital | Q4 2022vs Q4 2021 | $8.1MM$13.9MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $265.00K$292.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $389.00K$259.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
Rates for Advance Financial Federal Credit Union are currently being reviewed.
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 |