Advancial is headquartered in Dallas and is the 14th largest credit union in the state of Texas. It is also the 193rd largest credit union in the nation. It was established in 1937 and as of December of 2021, it had grown to 237 employees and 102,436 members at 12 locations. Advancial's money market rates are 84% higher than the national average, and it has an A 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
11/1 - Advancial 5 Yr Jumbo CD Now 2.23% APY
10/1 - The Bad News For Advancial Customers.....
10/1 - Advancial Hits 2.02% Apy
9/9 - Advancial Boosts Long-Term Jumbo Certificate Rates
8/2 - Rate Reductions On Certificates At Advancial
7/6 - Advancial Increases All Certificate Rates
6/16 - ADVANCIAL CHANGED THE RULES
5/2 - Advancial CU MM Holds At 1.01%, 5-Year Jumbo CD Slightly Drops
4/8 - Advancial Long-Term Jumbo CD Rates Increased Significantly
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
12/3/18 - 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.
Awesome CU
Just joined last month. Great CD rates. Had to complete a paper application, but customer service has been strong so far.
Great CU So Far!
Their process to open an account online is still a little cumbersome. After completing your application, they send you an email where you have to log into their secure email to get your account # and then use that to access your account. It's a small hassle. You also have to fund the account with a debit card for the $5 to open your share account. After that, you can open and fund a money market or CD account with money you ACH in from your other bank. It's nothing once you get the hand of it. CU are always a little different than banks because you are a shareholder, not just a customer.
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.
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2285 |
| Year Chartered | 1937 |
| Employees | 237 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 8.9% |
| Annual Interest Income | $61.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $2.16B$1.82B |
| Loans | Q4 2021vs Q4 2020 | $1.36B$1.44B |
| Deposits | Q4 2021vs Q4 2020 | $1.90B$1.58B |
| Equity Capital | Q4 2021vs Q4 2020 | $171.6MM$158.8MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $7.0MM$7.4MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $10.2MM$11.2MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
