1st Advantage Federal Credit Union

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A short history of 1st Advantage FCU

Since its inception in 1951 the 1st Advantage Federal Credit Union has been serving its members in the Newport News, Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Paul Muse, the 1st Advantage FCU has grown its membership to over 59,467 with assets of more than $664,773,047. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (757) 877-2444 or email them at mail@1stadvantage.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Newport News, VA.

General Information For 1st Advantage FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 7448
Address PO Box 2116 
City Newport News 
State Virginia 
Zip-Code 23609
Phone Number (757) 877-2444
Fax Number (757) 886-3314
Email Address: mail@1stadvantage.org
CEO/President Paul Muse
Members 59,467 
Full-Time Employees 213 
Part-Time Employees
Number of Branch Offices 14 
Total Assets 664,773,047 
Website http://www.1stadvantage.org 

Compare 1st Advantage Federal Credit Union To Other Local Credit Unions


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Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Hampton Roads Educ Credit Union Inc CU Hampton Roads Educators' Credit Union 2130 Cunningham Dr 23666 (757) 838-0707 No 5.35
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Riverside Health System Employees' CU main office 500 J Clyde Morris Blvd 23601 (757) 594-2030 No 6.74
Bayport Credit Union CU Chesapeake Branch 2445 Old Taylor Rd 23607 (757) 928-8850 No 7.82
Langley CU Hayes Branch 3140 George Washington Memorial Hwy 23612 (757) 827-7200 No 7.96

1st Advantage Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


1st Advantage Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.50 2.99 1.99 4.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 122 145 21 174 132
Rank Among All Virginia Credit Unions 8 19 1 32 15

1st Advantage Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.31 1.25 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 95 126 266
Rank Among All Virginia Credit Unions 10 24 14 18 41
1st Advantage Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.50014,14830,615,992
All Other Unsecured Loans/Lines of Credit 17.95010,69520,444,528
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9902,44158,631,234
Used Vehicle Loans 1.99013,112184,515,800
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.2501,306165,176,737
Total Other Real Estate Loans/Lines of Credit 4.2501,65159,522,546
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.1001,72728,252,046
TOTAL LOANS & LEASES 45,080547,158,883

1st Advantage Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 60470,076,437245,271,364
    b. 15 Years or less 40553,500,012244,386,475
Balloon/Hybrid
    a. > 15 years 324,637,45900
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 26536,962,829174,261,980

OTHER REAL ESTATE

Closed-End Fixed Rate 601,327,87712510,336
Closed-End Adjustable Rate 1586,801,34955,895
Open-End Adjustable Rate 1,43351,393,32090312,040,647
Open-End Fixed Rate 0000
TOTALS 2,957224,699,28398526,476,697

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

1st Advantage Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes