Advantage Credit Union

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A short history of Advantage CU

Since its inception in 1969 the Advantage Credit Union has been serving its members in the SOUTHFIELD, Michigan 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 Janice Zuchowicz, the Advantage CU has grown its membership to over 2,844 with assets of more than $29,599,991. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (248) 996-6070 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SOUTHFIELD, MI.

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

Charter Number 62517
Address 22250 PROVIDENCE DR 
State Michigan 
Zip-Code 48075
Phone Number (248) 996-6070
Fax Number (248) 849-5391
Email Address: none
CEO/President Janice Zuchowicz
Members 2,844 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 29,599,991 

Compare Advantage Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Southeast Michigan State Employees CU Southeast Michigan State Employees Federal Credit Union 17135 W 10 Mile Rd 48075 (248) 557-2266 No 1.05
People Driven CU Eastside Branch 30800 Van Dyke Ave Ste 101 48093 (248) 263-4220 No 1.53
Michigan First CU Breton Branch 1815 Breton Rd SE 49506 (616) 456-8848 No 1.70
Construction CU Main office 30400 Telegraph Rd Ste 122 48025 (248) 358-4140 No 4.28
Our CU 12 Mile Road Office 5625 E 12 Mile Rd 48073 (249) 549-3838 No 4.84

Advantage Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Advantage 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 9.99 1.99 2.49 4.99 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 34 51 267 229
Rank Among All Michigan Credit Unions 42 8 12 77 49

Advantage Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.21 0.75 0.19
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 129 112 215 272
Rank Among All Michigan Credit Unions N/A 16 24 47 60
Advantage Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9905111,373,024
All Other Unsecured Loans/Lines of Credit 7.9906541,707,436
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.99047738,680
Used Vehicle Loans 2.4901541,516,050
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.990292,555,691
Total Other Real Estate Loans/Lines of Credit 5.0004255,647
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.99033807,512
TOTAL LOANS & LEASES 1,4328,954,040

Advantage Credit Union Real Estate Loans and Lines of Credit


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 9919,0724928,700
    b. 15 Years or less 171,244,3181165,000
    a. > 15 years 2323,83600
    b. 15 Years or less 168,46500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 196,14300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 3159,5042200,000
Open-End Fixed Rate 0000
TOTALS 332,811,33871,293,700


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

Advantage Credit Union Member Offerings
First Time Homebuyer Program No
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