Featured Savings Rates
Featured Accounts

Advantage CU (IA)

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.80%1-year CD12 Month Term Share Account
0.40%SavingsGolden Share Account
1.21%3-year CD36 Month Term Share Account

Overview / Commentary
641-792-5660
121 W 3rd St N
Newton, IA 50208-3040

Advantage CU (IA) is headquartered in Newton and is the 26th largest credit union in the state of Iowa. It is also the 2,020th largest credit union in the nation. It was established in 1937 and as of September of 2016, it had grown to 13 employees and 5,622 members at 1 location. Advantage CU (IA)'s money market rates are 48% higher than 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

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Health
B+
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 CU (IA) has a relatively low asset base.

Health Grade Components

Overall
NCUA #64030
Year Chartered1937
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD6.32%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$66.1MM$60.4MM
LoansQ3 2016vs Q3 2015$35.7MM$34.7MM
DepositsQ3 2016vs Q3 2015$55.0MM$50.3MM
Equity CapitalQ3 2016vs Q3 2015$10.3MM$9.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$549.00K$552.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$566.00K$485.00K
Real Estate OwnedQ3 2016vs Q3 2015$53.00K$97.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Advantage CU (IA) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%--IRA
0.65%$100-Roth IRA
0.60%$100-Coverdell ESA
0.40%*$2k*-Prime Share Account
OTHER TIERS: 0.15% $25 - $2k
0.40%--Golden Share Account
0.40%--Christmas Club Account
0.40%--Vacation Club Account
0.40%*$15k*-Health Savings Account
OTHER TIERS: 0.20% $100 - $5k | 0.25% $5k - $15k

Advantage CU (IA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$100k*-Money Market Account
OTHER TIERS: 0.55% $5k - $25k | 0.58% $25k - $50k | 0.60% $50k - $100k

Advantage CU (IA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$50k*-Advantage Plus Checking
OTHER TIERS: 0.10% $2k - $5k | 0.15% $5k - $15k | 0.20% $15k - $30k | 0.25% $30k - $50k

Advantage CU (IA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%*$100k*-36 Month Term Share Account
OTHER TIERS: 1.11% $1k - $50k | 1.16% $50k - $100k
1.06%*$100k*-24 Month Term Share Account
OTHER TIERS: 0.90% $1k - $50k | 1.01% $50k - $100k
0.80%*$100k*-12 Month Term Share Account
OTHER TIERS: 0.65% $1k - $50k | 0.75% $50k - $100k
0.60%*$100k*-6 Month Term Share Account
OTHER TIERS: 0.50% $1k - $50k | 0.55% $50k - $100k
Locations


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