Advance Financial Federal Credit Union

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A short history of Advance Financial FCU

Since its inception in 1937 the Advance Financial Federal Credit Union has been serving its members in the SCHERERVILLE, Indiana 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 Jerry Gomez, the Advance Financial FCU has grown its membership to over 14,439 with assets of more than $142,384,696. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (219) 392-3900 or email them at contactus@advancefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SCHERERVILLE, IN.

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

Charter Number 24078
Address 31 W US HIGHWAY 30 
City SCHERERVILLE 
State Indiana 
Zip-Code 46375
Phone Number (219) 392-3900
Fax Number (219) 392-3952
Email Address: contactus@advancefcu.org
CEO/President Jerry Gomez
Members 14,439 
Full-Time Employees 43 
Part-Time Employees
Number of Branch Offices
Total Assets 142,384,696 
Website http://Advancefcu.org 

Compare Advance Financial Federal Credit Union To Other Local Credit Unions


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Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Profinance CU Records Storage Center 8440 Allison Pointe Blvd 46250 (317) 594-5300 No 5.59
U S #1364 CU GARY OFFICE 1 N BUCHANAN ST 46402 (219) 883-4362 No 5.80
Members Source CU Griffith 1903 W Glen Park Ave 46319 (219) 924-1570 No 6.16
Regional CU Valparaiso 2801 Boilermaker Ct 46383 (219) 548-6800 No 6.63
Finans CU FinAns Federal Credit Union 7017 Kennedy Ave 46323 (219) 844-3125 No 6.80

Advance Financial Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Advance Financial 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 N/A 4.77 5.44 3.66 4.94
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 371 378 90 222
Rank Among All Indiana Credit Unions N/A 80 71 12 32

Advance Financial Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.03 0.03 0.13 1.02 0.68
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 130 148 129 169 201
Rank Among All Indiana Credit Unions 21 31 23 25 30
Advance Financial Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.7107261,093,697
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.77090516,725,314
Used Vehicle Loans 5.4404,06046,742,849
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.66023927,267,821
Total Other Real Estate Loans/Lines of Credit 4.9401863,618,938
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.460116536,759
TOTAL LOANS & LEASES 6,23295,985,378

Advance Financial 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 14117,410,924132,199,600
    b. 15 Years or less 401,778,7042255,000
Balloon/Hybrid
    a. > 15 years 375,858,84361,266,350
    b. 15 Years or less 212,219,3502507,200
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 43585,68000
Closed-End Adjustable Rate 29875,5883130,037
Open-End Adjustable Rate 1142,157,67011622,000
Open-End Fixed Rate 0000
TOTALS 42530,886,759374,980,187

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

Advance Financial Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
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