Advancial is headquartered in Dallas and is the 16th largest credit union in the state of Texas. It is also the 197th largest credit union in the nation. It was established in 1937 and as of September of 2024, it had grown to 304 employees and 129,579 members at 15 locations. Advancial's CD rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Any U.S citizen, regardless of where they live, is eligible for Advancial membership by joining the US Dog Agility Association (USDAA). Please note that this membership path has changed in the past. Consequently, it's advisable to first contact Advancial to confirm this eligibility option before applying. Membership in Advancial is also 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
5/1 - Advancial FCU Raises Its 5 Year Jumbo CD To 4.68% Apy
4/1 - Advancial Credit Union Rates Decreased
3/1 - Advancial FCU Drops 5 Year Jumbo Rate
2/25 - Wow! Advancial STILL Has 5.40% APY For 5 Yr CD (Jumbo)
1/22 - FOR 10 DAYS ONLY ADVANCIAL 5.25% APY
10/19 - Advancial 60 Month Jumbo @ 5.4% APY
8/1 - Advancial Ups Rates Again
7/10 - Advancial - 14-Months Special CD 5.25%
7/1 - Advancial - 5 Years Certificates Break 5% APY
6/1 - Advancial 60 Month Jumbo (50K) Up To 4.70% Apy
3/16 - Advancial Credit Union 14-Month, 5.25% APY
3/2 - Limited-Time 14-Month 5.25% APY Certificate Special!
10/6 - Advancial 4- and 5-Year Jumbo CD APYs Are Near-Rate Leaders
10/2 - Advancial Offers Jumbo 5-Year (4.33% APY) And 4-Year (4.15% APY) Regular/IRA Certificates
9/1 - Advancial Rates Rise Significantly
7/1 - Advancial Premium Monmkt Creeps Up To .91 APY
3/1 - Advancial Credit Union Announces CD Yields as high as 2.09%
11/1/21 - Advancial 5 Yr Jumbo CD Now 2.23% APY
10/1/21 - The Bad News For Advancial Customers.....
10/1/21 - Advancial Hits 2.02% Apy
9/9/21 - Advancial Boosts Long-Term Jumbo Certificate Rates
8/2/21 - Rate Reductions On Certificates At Advancial
7/6/21 - Advancial Increases All Certificate Rates
6/16/21 - ADVANCIAL CHANGED THE RULES
5/2/21 - Advancial CU MM Holds At 1.01%, 5-Year Jumbo CD Slightly Drops
4/8/21 - Advancial Long-Term Jumbo CD Rates Increased Significantly
4/5/21 - Advancial Announces New Rates (Highest Yield Is 1.94%)
3/1/21 - Advancial Announces New CD Rates
2/1/21 - More Good News - Advancial MM Remains At 1.01%
1/1/21 - Advancial CU MM Remains At 1.01% And Is Now The Last 1% Account Left
12/1/20 - Advancial CU Leaves Dec. CD And MM Rates Unchanged
11/18/20 - Update on Advancial’s Availability and Competitive Jumbo CD Rates
11/3/20 - Advancial FCU - Many Good CD And MM Deals
6/1/20 - Advancial CU CD Rates DRASTICALLY Slashed
5/6/20 - Advancial Short-Term Jumbo Certificates Are Rate Leaders
5/6/20 - Connex Does Not Work To Secure Membets Hip In Advancial
4/11/20 - Advancial Long-Term CDs Continue To Be Very Competitive
1/29/20 - Advancial Jumbo CDs Are Rate Leaders
1/1/19 - Advancial CD Rates - January 2019
12/3/18 - Small Increases On Advancial Short-Term CDs
12/1/18 - Advancial December Share Certificate Rates Published
11/3/18 - Advancial's Jumbo CDs and IRA CDs Become Rate Leaders
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.
Easy Opening A Certificate
I wasn't a member of Advancial, but saw they were offering excellent rates on their certificates.
For me, setting up an account was easy: uploading my driver's license and answering a few questions, and it only took a couple of days for Advancial to be ready to accept a wire from another institution. Once the money was in my Advancial account, it was very easy to buy the certificate on the Advancial site.
I've opened many new accounts at banks across the country to capture the highest CD rates, I don't think I've ever had a smoother experience.
Really Happy With Experience Now, After Some Application Annoyances!
The US dog agility association membership (TX0000) made it quick and easy to open. I did not like the photo uploading hassle in their application form, so would suggest interacting by email for that. The person who helped me through it was very prompt as well as patient. It is unusual to find a bank which has the best long term rates in the country yet is so good with customer service.
Incredible Hassle
Tried to enroll online. System wouldn't accept my driver's license pdf or jpg, which have worked with every other bank. Took me repeated tries at scanning and uploading and being told the files weren't adequate. After an hour, I finally got files uploaded that the system would accept. Then, it told me I was locked out for having too many tries at registering. It said contact the bank to get it straightened out.
I called and was told nothing could be done except applying by surface mail and paper application, and that it would take 2 weeks for me to receive the application (and then how long to process after that?)
I have a CD for over $100K maturing today and was going to do an immediate transfer to Advancial, but now I lose about $500 in interest if I go the paper application route. Are you kidding me? The bank loses a large sum of money because there system is so cumbersome? And I lose 2 hours out of my life with this hassle.
Beware.
BTW, the people I talked to were nice. The bank system, awful.
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2285 |
| Year Chartered | 1937 |
| Employees | 304 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.31% |
| Return on Equity - YTD | -4.1% |
| Annual Interest Income | $107MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $2.4B$2.35B |
| Loans | Q3 2024vs Q3 2023 | $2.05B$1.97B |
| Deposits | Q3 2024vs Q3 2023 | $1.94B$1.7B |
| Equity Capital | Q3 2024vs Q3 2023 | $182.1MM$190.8MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $24.6MM$14MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $22.4MM$16.9MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
