Advantage Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.50% | 18-month CD | 17 Month Term Share Certificate Special (New Money) 2.35% - Ally Bank High Yield 18-Month CD |
| 1.50% | 5-year CD | 60 Month Term Share Certificate |
| 0.60% | 1-year CD | 12 - 17 Month Term Share Certificate |
Advantage Federal Credit Union is headquartered in Rochester and is the 37th largest credit union in the state of New York. It is also the 757th largest credit union in the nation. It was established in 1975 and as of March of 2018, it had grown to 88 employees and 33,749 members at 11 locations. Advantage Federal Credit Union's money market rates are 4X the national average, and it has an A health rating.
Field of Membership Restrictions
Eligible members are those working for select employer groups or those who live, work, worship or attend school in Rochester. Also open to Businesses and other legal entities in the City of Rochester.
See current membership details
Related Posts
Advantage after identiyi theft
My fiance and I had just finished combining both of our checking accounts with advantage. No sooner than we did our accounts were victims of identity theft. Our personal banker spent an entire afternoon with us helping us recover. Finding all the automatic debits we had just set up in order to help re set them up. Anything she couldn't help with that day she immediately started on the next morning. All of our accounts were re created and dealt with within 48 hours. Advantage took a bad situation and made it so much easier.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24181 |
| Year Chartered | 1975 |
| Employees | 88 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 4.1% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $329.0MM$302.4MM |
| Loans | Q1 2018vs Q1 2017 | $241.7MM$223.7MM |
| Deposits | Q1 2018vs Q1 2017 | $247.0MM$231.3MM |
| Equity Capital | Q1 2018vs Q1 2017 | $28.0MM$26.8MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $1.1MM$894.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $1.0MM$1.3MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Advantage Federal Credit Union; 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 Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | Youth Savings | |
| 0.50% | - | - | Teen Smart Savings | |
| 0.05% | - | - | Spread-the-Check | |
| 0.05% | - | - | Vacation Club | |
| 0.05% | - | - | Basic Savings | |
| 0.05% | - | - | Holiday Club |
Advantage Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.75%* | $200k* | - | Money Market PLUS | ||
| OTHER TIERS: 1.25% → $75k - $125k | 1.50% → $125k - $200k | |||||
| 0.45%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.15% → Up to $10k | 0.25% → $10k - $25k | 0.35% → $25k - $50k | |||||
Advantage Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $75k* | - | Smart Money Checking | ||
| OTHER TIERS: 0.25% → Up to $5k | 0.35% → $5k - $25k | 0.45% → $25k - $75k | |||||
Advantage Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $500 | - | 60 Month Term Share Certificate | |
| 1.50% | $500 | - | 17 Month Term Share Certificate Special (New Money) | |
| 1.30% | $500 | - | 48 - 59 Month Term Share Certificate | |
| 1.00% | $500 | - | 36 - 47 Month Term Share Certificate | |
| 0.90% | $500 | - | 30 - 35 Month Term Share Certificate | |
| 0.75% | $500 | - | 24 - 29 Month Term Share Certificate | |
| 0.70% | $500 | - | 18 - 23 Month Term Share Certificate | |
| 0.60% | $500 | - | 12 - 17 Month Term Share Certificate | |
| 0.40% | $500 | - | 6 - 11 Month Term Share Certificate |
Advantage Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | - | - | 60 Month IRA Certificate | |
| 1.30% | - | - | 48 - 59 Month IRA Certificate | |
| 1.00% | - | - | 36 - 47 Month IRA Certificate | |
| 0.90% | - | - | 30 - 35 Month IRA Certificate | |
| 0.75% | - | - | 24 - 29 Month IRA Certificate | |
| 0.70% | - | - | 18 - 23 Month IRA Certificate | |
| 0.60% | - | - | 12 - 17 Month IRA Certificate | |
| 0.40% | $500 | - | 6 - 11 Month IRA Certificate |
