Advertising Disclosure

Advantage Credit Union (IA)


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

Advantage Credit Union (IA) is headquartered in Newton and is the 29th largest credit union in the state of Iowa. It is also the 1,958th largest credit union in the nation. It was established in 1937 and as of March of 2019, it had grown to 13 employees and 5,946 members at 1 location. Advantage Credit Union (IA)'s money market rates are 3X the national average, and it has an A 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

Reviews

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



Health
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

Overall
NCUA #64030
Year Chartered1937
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD1.19%
Return on Equity - YTD7.04%
Annual Interest Income$681.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$72.3MM$70.4MM
LoansQ1 2019vs Q1 2018$34.9MM$33.7MM
DepositsQ1 2019vs Q1 2018$59.6MM$58.3MM
Equity CapitalQ1 2019vs Q1 2018$12.1MM$11.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$762.00K$649.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$308.00K$560.00K
Real Estate OwnedQ1 2019vs Q1 2018$19.00K$53.00K
Rates
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%--IRA Savings
0.95%$100-Roth IRA Savings
0.85%$100-Coverdell ESA
0.60%*$15k*-Health Savings Account
OTHER TIERS: 0.45% $100 - $5k | 0.50% $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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%*$100k*-Money Market Account
OTHER TIERS: 0.70% $5k - $25k | 0.80% $25k - $50k | 0.90% $50k - $100k

Advantage Credit Union (IA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Advantage Plus Checking
OTHER TIERS: 0.15% $2k - $5k | 0.20% $5k - $15k | 0.30% $15k - $30k | 0.35% $30k - $50k

Advantage Credit Union (IA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.45%*$100k*-36 Month Term Share Account
OTHER TIERS: 2.20% $1k - $50k | 2.35% $50k - $100k
2.35%*$100k*-24 Month Term Share Account
OTHER TIERS: 1.75% $1k - $50k | 2.15% $50k - $100k
1.75%*$100k*-12 Month Term Share Account
OTHER TIERS: 1.20% $1k - $50k | 1.65% $50k - $100k
1.10%*$100k*-6 Month Term Share Account
OTHER TIERS: 0.80% $1k - $50k | 0.90% $50k - $100k
Locations


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 [email protected] 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.