Avanti Federal Credit Union

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A short history of Avanti FCU

Since its inception in 1953 the Avanti Federal Credit Union has been serving its members in the WATERTOWN, South Dakota 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 Judy Wolff, the Avanti FCU has grown its membership to over 2,394 with assets of more than $18,118,529. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (605) 882-2357 or email them at afcu@avantifcu.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WATERTOWN, SD.

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

Charter Number 8801
Address PO BOX 534 
City WATERTOWN 
State South Dakota 
Zip-Code 57201
Phone Number (605) 882-2357
Fax Number (605) 882-4520
Email Address: afcu@avantifcu.net
CEO/President Judy Wolff
Members 2,394 
Full-Time Employees 5 
Part-Time Employees 0 
Number of Branch Offices 1 
Total Assets 18,118,529 
Website http://www.avantifcu.net 

Compare Avanti Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Glacial Lakes Educational Employees CU Glacial Lakes Educational Employees F.C.U. 138 N Lake Dr 57201 (605) 882-6933 No 3.21
Sioux Valley Coop CU Sioux Valley Co-op FCU 316 E Kemp Ave 57201 (605) 882-2706 No 3.49

Avanti Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Avanti 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 10.78 3.54 4.61 5.29 4.96
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 322 214 279 302 225
Rank Among All South Dakota Credit Unions 10 19 15 20 12

Avanti Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.37 0.35 1.08 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 79 89 157 N/A
Rank Among All South Dakota Credit Unions N/A 4 2 6 N/A
Avanti Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.78090255,606
All Other Unsecured Loans/Lines of Credit 13.920263458,212
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 7.110460557,993
New Vehicle Loans 3.54016295,502
Used Vehicle Loans 4.6104083,304,652
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.290131,956,327
Total Other Real Estate Loans/Lines of Credit 4.960371,392,325
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0602122,139,975
TOTAL LOANS & LEASES 1,49910,360,592

Avanti 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 2285,506121,732,460
    b. 15 Years or less 003250,200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 111,670,8211366,725
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 261,035,1974321,195
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 11357,12800
Open-End Fixed Rate 0000
TOTALS 503,348,652202,670,580

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

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