Overview / Commentary
121 W 3rd St N
Newton, IA 50208-3040

Advantage Credit Union (IA) is headquartered in Newton and is the 27th largest credit union in the state of Iowa. It is also the 1,980th largest credit union in the nation. It was established in 1937 and as of June of 2018, it had grown to 14 employees and 5,794 members at 1 location. Advantage Credit Union (IA)'s money market rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership to Advantage CU is available to anyone who resides or works in these counties: Boone, Story, Marshall, Tama, Benton, Polk, Jasper, Poweshiek, Iowa, Warren, Marion, Marshall, Mahska, Keokuk, Lucas, Monroe, Wapello, Appanoose, and Davis.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Advantage Credit Union (IA) has a relatively low asset base.

Health Grade Components

NCUA #64030
Year Chartered1937
Primary Regulator
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD6.4%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$70.0MM$67.7MM
LoansQ2 2018vs Q2 2017$35.0MM$34.2MM
DepositsQ2 2018vs Q2 2017$57.9MM$56.3MM
Equity CapitalQ2 2018vs Q2 2017$11.3MM$10.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$685.00K$594.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$343.00K$406.00K
Real Estate OwnedQ2 2018vs Q2 2017$40.00K$53.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Advantage Credit Union (IA); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Advantage Credit Union (IA) Savings Account Rates

0.80%--IRA Savings
0.80%$100-Roth IRA Savings
0.75%$100-Coverdell ESA
0.50%*$15k*-Health Savings Account
OTHER TIERS: 0.35% $100 - $5k | 0.45% $5k - $15k
0.45%*$2k*-Prime Share Account
OTHER TIERS: 0.20% $25 - $2k
0.45%$1-Golden Share Account
0.45%$1-Christmas Club Account
0.45%$1-Vacation Club Account

Advantage Credit Union (IA) Money Market Rates

1.06%*$100k*-Money Market Account
OTHER TIERS: 0.65% $5k - $25k | 0.75% $25k - $50k | 0.85% $50k - $100k

Advantage Credit Union (IA) Checking Account Rates

0.35%*$50k*-Advantage Plus Checking
OTHER TIERS: 0.15% $2k - $5k | 0.20% $5k - $15k | 0.25% $15k - $30k | 0.30% $30k - $50k

Advantage Credit Union (IA) CD Rates

2.78%*$100k*-36 Month Term Share Account
OTHER TIERS: 2.26% $1k - $50k | 2.52% $50k - $100k
2.47%*$100k*-24 Month Term Share Account
OTHER TIERS: 1.75% $1k - $50k | 2.26% $50k - $100k
1.50%*$100k*-12 Month Term Share Account
OTHER TIERS: 1.11% $1k - $50k | 1.30% $50k - $100k
0.95%*$100k*-6 Month Term Share Account
OTHER TIERS: 0.75% $1k - $50k | 0.85% $50k - $100k

Advantage Credit Union (IA) Locations
Branch Office121 W 3rd St NNewton, IA 50208-3040

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.