Overview / Commentary
Advantage Credit Union is headquartered in Ontario and is the 115th largest credit union in the state of Ohio. It is also the 2,594th largest credit union in the nation. It was established in 1961 and as of March of 2025, it had grown to 13 employees and 3,750 members at 1 location. Advantage Credit Union has a B health rating.
Field of Membership Restrictions
The option of membership to Advantage Credit Union is open to all residents, church members, students, or anyone who works in Richland County, Ohio. You are required to make a $5. deposit into a savings account to gain a lifetime membership.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional 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 has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61383 |
| Year Chartered | 1961 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.16% |
| Return on Equity - YTD | -2.52% |
| Annual Interest Income | $436K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $41.8MM$42.4MM |
| Loans | Q1 2025vs Q1 2024 | $22.7MM$24.6MM |
| Deposits | Q1 2025vs Q1 2024 | $39.1MM$40MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.6MM$2.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $257K$221K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $10K$5K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |