Advantage One Credit Union

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23670 Telegraph Rd, Brownstown, MI 48134

Website

(734) 676-7000

Data Source: NCUA, June 30, 2016


Advantage One Credit Union was founded in 1952. Headquartered in Brownstown, Michigan, Advantage One Credit Union is a state chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Advantage One Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of June 30, 2016, Advantage One Federal Credit Union services 15,089 members through its 3 offices and branches and 46 full-time and 2 part-time employees. It has $133,610,820 of total assets and $13,509,175 of net worth. Based on its asset size and net worth ratio, Advantage One Credit Union is classified as a Well Capitalized medium large credit union.

Advantage One Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Advantage One Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The chart below depicts the average compensation of Advantage One Credit Union compared to the medians of Michigan and the entire nation (USA) over the years.

The following two tables list the deplitory and loan interest rates of Advantage One Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Michigan
Median of USA
Checking
0.1500
0.0000
0.0000
Savings
0.1000
0.1000
0.1200
Money Market
0.2500
0.2050
0.2500
Certificate Deplit
0.9600
0.5050
0.5500
IRA
0.7900
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Credit Cards
10.8200
9.9950
9.9900
Unsecured Line of Credits
9.9900
10.8200
10.9600
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
n/a
6.1100
6.0000
New Car Loans
5.1400
2.9900
3.3900
Used Car Loans
7.5600
3.9900
4.5000
1st Mortgage Real Estates
3.7200
4.1500
4.1500
Other Real Estates
4.7400
4.6750
4.7400

Advantage One Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Advantage One Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
Yes
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
Yes

As a community financial institution, Advantage One Federal Credit Union actively involves in local communities by prliding services such as financial counseling , financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Advantage One Credit Union
Main Office

23670 Telegraph Rd
Brownstown, MI 48134
Phone:734-676-7000

Advantage One Credit Union
13050 Fort St
Southgate, MI 48195
Phone:734-676-7000

Advantage One Credit Union
14750 King Rd
Riverview, MI 48193
Phone:734-676-7000

(734) 676-3628

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  1. Cuhub Staff
    Cuhub Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:25 pm

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