CREDIT UNION ADVANTAGE

22250 PROVIDENCE DR
Southfield, MI 48075

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 0.85% 2.25% →
2-Year CD 1.05% 2.50% →
5-Year CD 1.95% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Credit Union Advantage is an NCUA insured institution located in Southfield, MI. It was founded in 1969 and has approximately $30.75 millions in assets.

NCUA Insured Yes
Charter Number # # 62517
Date Established 1969
Assets $30.75 million
Loans $8.56 million
Deposits $26.88 million
Capital $3.51 million
 

Field of Membership Restrictions

CU Advantage of Michigan is open to the residents and people maintaining employment in the qualified site listed locations within these Michigan Counties; Oakland, Macomb, and Wayne as well as the employees and/or members of SEG's or comparable sources within 25-miles of the CU Southfield and Novi offices, Oakland County seniors 55+ receiving retirement income compensation, CU employees, and the family members of these pointed eligible members.

Deposit Rates - December 13, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $2,000 $9,999 Learn MoreShow Less
Money Market
0.22% $10,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
0.85% $500 $24,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.24% $500 - Learn MoreShow Less
0.50% $500 $24,999 Learn MoreShow Less
0.85% $500 $24,999 Learn MoreShow Less
0.95% $500 $24,999 Learn MoreShow Less
1.05% $500 $24,999 Learn MoreShow Less
1.25% $500 $24,999 Learn MoreShow Less
1.35% $500 $24,999 Learn MoreShow Less
1.65% $500 $24,999 Learn MoreShow Less
1.95% $500 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.12% $1 - Learn MoreShow Less

Loan Rates - December 13, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CREDIT UNION ADVANTAGE

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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



Branches

Below are Credit Union Advantage 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


Credit Union Advantage Locations


Financial Details

Credit Union Advantage Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Credit Union Advantage. 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
Credit Union Advantage U.S. Average
6.10% 5.86

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 June 30, 2019, Credit Union Advantage had $221,320 in non-current loans and $4,125 in owned assets. To cover these potential losses it had $3,510,670 in net worth and $187,874 in loans loss reserves. That gives it a Texas Ratio of 6.10%.

Net Worth
Credit Union Advantage U.S. Average
11.41% 13.65%

Credit Union Advantage FCU has a net worth of 11.41% versus the BestCashCow average of 13.65. 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 Credit Union Advantage

Branches and Savings

What is Credit Union Advantage?

A federal credit union, registered with the NCUA under certificate #62517.
Learn more about credit unions here.

Is Credit Union Advantage 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 Credit Union Advantage?

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

What are Credit Union Advantage's share account and share certificate rates?

Credit Union Advantage'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 Credit Union Advantage?

Credit Union Advantage has total capital of $3.51 million. Full information on Credit Union Advantage's financial position is located above.

Who owns Credit Union Advantage?

Credit Unions are owned by their members.

Where are Credit Union Advantage branches located?

See branch locations nearby.

Are Credit Union Advantage ATMs Open 24/7?

Do Credit Union Advantage ATMs accept cash deposits?

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

Does Credit Union Advantage have a mobile app?

Does Credit Union Advantage have mobile deposit?

Does Credit Union Advantage have quick pay?

How can Credit Union Advantage transfer money to other banks or credit unions?

Does Credit Union Advantage report to credit bureaus?

Does Credit Union Advantage use Chexsystems?

Does Credit Union Advantage use Equifax?

What is Credit Union Advantage's toll free phone number?

What is Credit Union Advantage's ACH Routing Number?

What is Credit Union Advantage's SWIFT code?

Where can I find Credit Union Advantage's wire transfer form?

What is the Credit Union Advantage address for deposits?

What Products Does Credit Union Advantage Offer

Does Credit Union Advantage offer mortgages?

Compare mortgage rates here.

Does Credit Union Advantage offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Credit Union Advantage offer auto and RV loans?

Compare auto loan rates here.

Does Credit Union Advantage offer student loans or personal loans?

Compare personal loan rates here.

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