Advia Credit Union (MI/IL/WI) Adds 22-Month Promo Rate CD
Michigan-based Advia Credit Union (Advia CU) has added a 22-month Promo Rate CD that earns 3.00% APY. The minimum opening deposit is $500, with no stated balance cap.
As stated in the Truth-in-Savings disclosure, the Early Withdrawal Penalty reads as follows,
If your account has an original maturity of greater than one year and up to three years: The penalty we may impose will equal 180 days dividends on the amount withdrawn subject to penalty.
Funding a CD can be done by ACH, wire transfer, or internal transfer from an Advia CU checking or savings account. Advia CU participates in both the CO-OP and Alliance One Shared Branch networks, facilitating the transfer of funds.
Maturing funds can be distributed through a wire transfer, a check to the address on file, or transferred into an Advia CU checking or savings account. There is a seven calendar day grace period before a CD will automatically renew.
Availability
Headquartered in Parchment, Michigan, Advia Credit Union’s field of membership (FOM) is community-based, with individuals who live, work, or attend school in the following areas, eligible to join.
Michigan: All 68 Lower Peninsula counties
Wisconsin: Dane, Green, Jefferson, Kenosha, Milwaukee, Racine, Rock, Walworth, and Waukesha Counties
Illinois: Boone, Cook (north of Irving Park Road), DuPage, Kane, Lake, McHenry, and Winnebago Counties
Joining Advia CU and/or opening a CD can be done online, or at any of 19 full-service Michigan branches located in Battle Creek (2), Brownstown Township, Fort Gratiot, Kalamazoo (4), Marysville, Mattawan, New Baltimore, Parchment, Plainwell, Port Huron, Portage, Richland, Royal Oak, St. Clair, and Southgate. Advia CU also has six full-service Wisconsin branches located in Beloit (2), Elkhorn, Janesville, Salem, and Williams Bay, and three Illinois branches located in Cary, Crystal Lake, and Woodstock. While all branch locations are open to walk-in traffic, appointments are “highly encouraged” and can be scheduled online.
A minimum $5 deposit into a Regular Savings account is required to establish a new membership.
Participating in the Alliance One and CO-OP Shared Branch networks, Advia CU offers its members,
access to 1,700 fee-free ATMs in Michigan and nearly 35,000 nationwide.
Credit Union Overview
Advia Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 3.45% (excellent), based on March 31, 2022 data. In the past year, Advia CU has increased its total non-brokered deposits by $152.23 million, an excellent annual growth rate of 6.65%. Please refer to our financial overview of Advia Credit Union (NCUA Charter # 61503) for more details.
More than six years ago, Advia Credit Union made its debut. On January 1, 2016, the merger between First Community Federal Credit Union (est. 1938) and E & A Credit Union (est. 1935) became official, and Advia CU came into being. Eight months later, Advia CU acquired Mid America Bank in Janesville, Wisconsin, gaining four branches, more than 3,000 of the former bank’s customers, and expanding the FOM into eight Wisconsin counties. Advia CU is currently Michigan’s seventh largest credit union, with more than 191,000 members and assets in excess of $2.7 billion.
Our name means something – we provide advice, we are member advocates,
and we offer advantages. We do this via innovated financial solutions.
How the 22-Month Promo CD Compares
When compared to similar length-of-term CDs tracked by DepositAccounts.com which are available within the FOM and have minimum deposit requirements of $10k or less, no banks or credit unions have higher rates than currently offered on the Advia Credit Union 22-month Promo CD. The following table compares the 22-month Promo CD to the two highest-rate CDs from other credit unions and the two highest-rate CDs from banks.
The above information and rates are accurate as of 7/19/2022.
To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.
