Overview / Commentary
Advantage One Credit Union is headquartered in Brownstown and is the 77th largest credit union in the state of Michigan. It is also the 1,287th largest credit union in the nation. It was established in 1952 and as of December of 2019, it had grown to 58 employees and 16,434 members at 2 locations. Advantage One Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship in, or attend school in the Southeast Michigan counties of Clinton, Eaton, Genesee, Hillsdale, Ingham, Jackson, Lapeer, Lenewee, Livingston, Macomb, Monroe, Oakland, Shiawassee, St. Clair, Washtenaw, or Wayne
See current membership details
Health
A
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68679 |
| Year Chartered | 1952 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 8.66% |
| Annual Interest Income | $7.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $149.7MM$143.5MM |
| Loans | Q4 2019vs Q4 2018 | $110.9MM$102.3MM |
| Deposits | Q4 2019vs Q4 2018 | $132.5MM$127.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $16.3MM$14.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $990.00K$972.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.3MM$1.2MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |