Schererville, IN 46375

Notable Rates APY Vs.Others
Savings 0.03% 1.90% →
1-Year CD 0.40% 1.90% →
2-Year CD 0.50% 1.95% →
5-Year CD 1.00% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Credit Union Information

Advance Financial is an NCUA insured institution located in Schererville, IN. It was founded in 1937 and has approximately $128.32 millions in assets.

Who can join?

Advance Financial is open to anyone who lives, works, worships, volunteers or is educated in Lake County and Porter County, Indiana.

Membership is also offered to families of members, wherever they live. Family members eligible for membership include spouses, children, siblings, parents, grandparents, grandchildren, aunts, uncles, nieces and nephews.

NCUA Insured Yes
Charter Number # # 24078
Date Established 1937
Assets $128.32 million
Loans $81.81 million
Deposits $115.35 million
Capital $13.32 million

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or is educated in Lake and Porter Counties in Indiana.

Deposit Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $2,000 $19,999 Learn MoreShow Less
Money Market
0.07% $20,000 $74,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.05% $500 - Learn MoreShow Less
6 Mo CD
0.10% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.03% $50 - Learn MoreShow Less
Fixed IRA
0.40% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.07% $25 - Learn MoreShow Less

Loan Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for ADVANCE FINANCIAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.542% 4.500% 0.00 $1,250 $1,267 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
3.500 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are Advance Financial branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Advance Financial Locations

Financial Details

Advance Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Advance Financial. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Advance Financial U.S. Average
4.96% 5.92

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2019, Advance Financial had $520,440 in non-current loans and $180,325 in owned assets. To cover these potential losses it had $13,321,362 in net worth and $811,076 in loans loss reserves. That gives it a Texas Ratio of 4.96%.

Net Worth
Advance Financial U.S. Average
10.38% 13.86%

Advance Financial FCU has a net worth of 10.38% versus the BestCashCow average of 13.86. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Advance Financial

Branches and Savings

What is Advance Financial?

A federal credit union, registered with the NCUA under certificate #24078.
Learn more about credit unions here.

Is Advance Financial FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Advance Financial?

Please see Field of Membership information above for information on who is eligible to join.

What are Advance Financial's share account and share certificate rates?

Advance Financial's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Advance Financial?

Advance Financial has total capital of $13.32 million. Full information on Advance Financial's financial position is located above.

Who owns Advance Financial?

Credit Unions are owned by their members.

Where are Advance Financial branches located?

See branch locations nearby.

Are Advance Financial ATMs Open 24/7?

Do Advance Financial ATMs accept cash deposits?

Can Advance Financial customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Advance Financial have a mobile app?

Does Advance Financial have mobile deposit?

Does Advance Financial have quick pay?

How can Advance Financial transfer money to other banks or credit unions?

Does Advance Financial report to credit bureaus?

Does Advance Financial use Chexsystems?

Does Advance Financial use Equifax?

What is Advance Financial's toll free phone number?

What is Advance Financial's ACH Routing Number?

What is Advance Financial's SWIFT code?

Where can I find Advance Financial's wire transfer form?

What is the Advance Financial address for deposits?

What Products Does Advance Financial Offer

Does Advance Financial offer mortgages?

Compare mortgage rates here.

Does Advance Financial offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Advance Financial offer auto and RV loans?

Compare auto loan rates here.

Does Advance Financial offer student loans or personal loans?

Compare personal loan rates here.

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