Adventure

Headquarters

P.o. Box 895
Grand Rapids, MI 49518
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.65% →
1-Year CD 0.70% 0.70% →
2-Year CD 1.01% 0.75% →
5-Year CD 1.40% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Adventure is an NCUA insured institution located in Grand Rapids, MI. It was founded in 1936 and has approximately $415.89 millions in assets.

Who can join?

You can be a member of Option 1 Credit Union if you live, work, worship, or attend school in the following counties: Allegan, Barry, Clinton, Eaton, Ingham, Kent, Livingston, Newaygo, Ottawa, Shiawassee. The charter also allows Option 1 to serve people with disabilities who reside in Michigan and businesses who provide disability related services, as well as the employees of 500+ employer groups, unions and associations in the West Michigan and Lansing areas. Additionally, Option 1 membership is offered to persons related by blood or marriage to a current credit union member and people who reside in the same household as a current credit union member. For-profit and non-profit businesses and associations and their employees who are affiliated with the healthcare profession in the State of Michigan are also eligible for Option 1 membership.

NCUA Insured Yes / State-Chartered
Charter Number # # 60936
Date Established 1936
Assets $415.89 million
Loans $286.04 million
Deposits $347.20 million
Capital $53.49 million
 

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Barry, Allegan, Eaton, Clinton, Ingham, Ionia, Kent, Livingston, Newaygo, Ottawa, and Shiawassee Counties in Michigan. Membership is also open to anyone with disabilities living or working in the state of Michigan and to businesses who provide disability-related services and to employees of the Select Employer Groups.

Deposit Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
Special: 15 Mo CD
0.90% $500 - Learn More
24 Mo CD
1.01% $10,000 $14,999 Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More
36 Mo CD
1.15% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.30% $10,000 $14,999 Learn More
48 Mo CD
1.30% $100,000 $199,999 Learn More
60 Mo CD
1.40% $10,000 $14,999 Learn More
60 Mo CD
1.40% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.35% $1 $499 Learn MoreShow Less

Loan Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ADVENTURE

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
Morty, Inc.
NMLS ID: 1429243
2.472% 2.375% 0.88 $3,215 $972 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
More Info

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


 

Branches

Below are Adventure 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:
Ashburn,Virginia


Adventure Locations


Financial Details

Adventure Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Adventure. 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
Adventure U.S. Average
4.70% 5.40

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 December 31, 2020, Adventure had $2,616,276 in non-current loans and $1,555 in owned assets. To cover these potential losses it had $53,494,541 in net worth and $2,252,349 in loans loss reserves. That gives it a Texas Ratio of 4.70%.

Net Worth
Adventure U.S. Average
12.86% 12.67%

Adventure FCU has a net worth of 12.86% versus the BestCashCow average of 12.67. 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 Adventure

Branches and Savings

What is Adventure?

A credit union, registered with the NCUA under certificate #60936.
Learn more about credit unions here.

Is Adventure FDIC insured?

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

Who can join Adventure?

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

What are Adventure's share account and share certificate rates?

Adventure'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 Adventure?

Adventure has total capital of $53.49 million. Full information on Adventure's financial position is located above.

Who owns Adventure?

Credit Unions are owned by their members.

Where are Adventure branches located?

See branch locations nearby.

Are Adventure ATMs Open 24/7?

Do Adventure ATMs accept cash deposits?

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

Does Adventure have a mobile app?

Does Adventure have mobile deposit?

Does Adventure have quick pay?

How can Adventure transfer money to other banks or credit unions?

Does Adventure report to credit bureaus?

Does Adventure use Chexsystems?

Does Adventure use Equifax?

What is Adventure's toll free phone number?

What is Adventure's ACH Routing Number?

What is Adventure's SWIFT code?

Where can I find Adventure's wire transfer form?

What is the Adventure address for deposits?

What Products Does Adventure Offer

Does Adventure offer mortgages?

Compare mortgage rates here.

Does Adventure offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Adventure offer auto and RV loans?

Compare auto loan rates here.

Does Adventure offer student loans or personal loans?

Compare personal loan rates here.

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