Advancial is headquartered in Dallas and is the 14th largest credit union in the state of Texas. It is also the 207th largest credit union in the nation. It was established in 1937 and as of December of 2020, it had grown to 229 employees and 98,105 members at 11 locations. Advancial's money market rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Advancial is open to the following: 1) to those who live, work, worship, or attend school in the Louisiana Parishes of Acadia, Avoyelles, Evangeline, Iberia, Lafayette, St. Landry, St. Martin, or Vermillion; 2) Employees of several SEGs (petroleum refining industry). (Membership requirements are listed on Advancial's application).
See current membership details
Related Posts
4/5 - Advancial Announces New Rates (Highest Yield Is 1.94%)
3/1 - Advancial Announces New CD Rates
2/1 - More Good News - Advancial MM Remains At 1.01%
1/1 - Advancial CU MM Remains At 1.01% And Is Now The Last 1% Account Left
11/18 - Update on Advancial’s Availability and Competitive Jumbo CD Rates
11/3 - Advancial FCU - Many Good CD And MM Deals
6/1 - Advancial CU CD Rates DRASTICALLY Slashed
5/6 - Advancial Short-Term Jumbo Certificates Are Rate Leaders
5/6 - Connex Does Not Work To Secure Membets Hip In Advancial
4/11 - Advancial Long-Term CDs Continue To Be Very Competitive
1/29 - Advancial Jumbo CDs Are Rate Leaders
12/1/18 - Advancial December Share Certificate Rates Published
11/3/18 - Advancial's Jumbo CDs and IRA CDs Become Rate Leaders
11/1/18 - Advancial Cds As High As 3.49%
1/1/18 - Advancial January CD Increases
12/1/17 - Advancial's 1-Year Jumbo Certificate Rate Raised
12/1/17 - Advancial Posts December Rates
10/6/17 - Advancial Raises CD Rates Across The Board
10/1/17 - Advancial October CD Rates Posted
9/1/17 - Advancial Drops CD Rates Across The Board, Starting 9/1
8/1/17 - August CD Rates: Some Small Changes
7/26/17 - Advancial's Jumbo Certificates ($50k min) Offer Top Rates
6/11/15 - 5-Year, 2.49% APY CD. Quick Look.
8/2/14 - Advancial Credit Union (5Yr CD, 2.57%APY)
7/22/14 - 5-Year, 2.41% APY CD. Quick Look.
Amazing Financial Institution
As a member of Advancial, I can honestly say they are an outstanding financial institution! From their friendly and helpful customer service to the products they offer, they are the best around. Their checking account earns dividends, there are no ATM fees, free checks, and you earn points on your debit card when you use it! In addition to their checking account, they have low rates on loans and competitive rates on CD’s. Advancial is hands down the best financial institution I have ever banked with!
Great credit union
I have been a member of the Advancial Credit Union for over 10 years. I have relied on this Credit Union for a variety of financial products. It all started with a small deposit into a money market account. I would occasionally deposit money into this account, and tried to keep up with it. Later, I began using their checking account and a CD. I love the people and the helpful service. They are a great credit union.
Good CD Rates, Lot Of Hassle
This is a primitive credit union. No online money transfers/ACH permitted until account has aged. If want to receive monthly CD interest, it is via mailed check only. Initial deposit for CD is via check or wire only; linking external accounts not available. Opening a savings account is mandatory for a CD. Will have to visit a bank location to open an account. Ask all your questions while at the branch; is a 10-15 minute wait on hold to speak with someone on the phone. Few consistent answers between branch and phone representatives.
Connex Membership DOES NOT Get You A Cd
After reading field of membership on this website I clicked on the Connex link and joined. Then I filled out the advancial membership form online. I wanted to open a large CD quickly. When I called advancial to follow up on my application I was told that membership in Connex will not be suffice to become a member of advancial Credit Union.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2285 |
| Year Chartered | 1937 |
| Employees | 229 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 7.6% |
| Annual Interest Income | $62.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.82B$1.63B |
| Loans | Q4 2020vs Q4 2019 | $1.44B$1.30B |
| Deposits | Q4 2020vs Q4 2019 | $1.58B$1.40B |
| Equity Capital | Q4 2020vs Q4 2019 | $158.8MM$147.7MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $7.4MM$7.3MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $11.2MM$10.8MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$706.00K |
