advantis credit union

The Advantis Credit Union believes in possibilities in banking. Yes, they love to create value for financial services that could be helpful not only for the members but also for the people of the community.

They are dedicated to their passion which is helping all the members to achieve their financial goals. This credit union provides expertise and the best guidelines for quality financial products.

All you can find here is an innovative solution for better banking. This is the place where all the members can find the solution from experience. It’s not the end of the story for this Credit Union.

Picture: Advantis CU
Picture: Advantis CU

What is The Advantis Credit Union?

The United States of America is full of community banks and has some of the best credit unions. The Advantis Credit Union is one of these that provides different types of financial products and services.

Read More: Is Origin Bank A Reliable Bank for Your Small Business?

It includes money-saving products, competitive CD rates, checking accounts, and savings accounts. In 1928, this credit union was established. This is the 6th largest credit union in the state of Oregon. Their headquarters is in Clackamas.

Comparing the whole nation, this is the 216th largest credit union operating its activities through 11 different locations. Because of the best services, this credit union got an “A+” health rating.

Picture: Get online support for better banking
Picture: Get online support for better banking

What You Should Know About Advantis Credit Union?

Knowing about a financial organization like Advantis Credit Union is an obvious task if someone wants to know about a better banking experience.

There are lots of financial facts and parameters that drive a person to have a better banking experience. So, what are they? Let’s find out the answer to this question below.

ParticularsRemarks
IndustriesBanking, Financial Services, Insurance, Not Profit, Wealth Management
Headquarters, RegionWest Coast, Western US
Founded DateJan 1, 1928
Operating StatusActive
Company TypeNon-profit
CountryUnited States
CEOJason Werts
Employees251
NCUA InsuredYes/ State-Chartered
Charter Number# 62659
Capital$202.86 Million
Return on Assets – YTD0.78%
Return on Equity – YTD7.53%
Annual Interest Income$57.7MM

What About Its Health Grade Component?

Now come to the main point and that is the actual health grade component of this credit union. All these grade indicators let you decide what you need to do in the future with this credit union.

It includes assets, liabilities, equity capital, deposit, loan loss allowance, and many more. We’ve not only should the value of these parameters but also make a comparison quarter wise with the previous year. Have a glance at them below.

ParticularsQ4 2021Q4 2020
Assets$1.98B$1.81B
Loans$1.33B$1.15B
Deposits$1.71B$1.55B
Equity Capital$203.33MM$188.1MM
Loan Loss Allowance$14.6MM$13.8MM
Unbacked Noncurrent Loans$4.8MM$4.5MM
Real Estate Owned$0$0

What Are The Mission of Adventist Credit Unions?

The Advantis Credit Union has some specific missions based on its vision but what are these? All of them are given below.

  • Promoting the way to create more opportunities for accumulating savings
  • Creating more sources for a fair and reasonable rate of interest.
  • Offering more options to use and control money.
  • Make a clear statement to improve economic and social conditions.

What Are The Key Financial Services We Can Have From This Credit Union?

A wide range of financial services is the root of the success of a financial institution. Advantis Credit Union tried to offer some variation in their product line.

As a result, people found lots of options to meet their financial needs. All of the products are given below.

Personal Banking:

Checking:

  • Fusion Checking
  • Cashback Checking
  • Interest Checking
  • Health Savings Account Checking
  • Start Checking

Credit Cards:

High-Growth Savings:

  • High-Growth Certificates of Deposits
  • High-Growth Money Market
  • High-Growth IRA Savings

Personal Loans:

Wealth Management:

  • Comprehensive Financial Planning
  • Retirement Planning Strategies
  • Investment Management
  • Wealth Transfer Strategies
  • Qualified Retirement Plan Rollover
  • Life Insurance & Long Term Care

Insurance:

Teen & Young Adults:

  • Start Savings Accounts
  • Start Credit Card Program
  • Start Personal Loan
  • Start Checking Account
  • Start Auto Loan

Financial Education and Resources

  • Financial Education Center
  • Meet with a Personal Financial Educator
  • Financial Tips & Articles
  • Fraud Prevention Center
  • Workshops

Loans:

  • Mortgage
  • Home Equity Line of Credit
  • Auto RV & MotorCycle Loan
  • Credit Card
  • Personal Loan
  • Personal Flex Line
  • Student Loan
  • Shared Secured Loan
  • Commercial Loan

Business Banking:

  • Business Checking
  • Business Savings
  • Credit Cards
  • Commercial Loan
  • Insurance
  • Investment

Read More: Why Ephrata National Bank Makes For A Great Personal Banking Option

Online & Mobile Banking:

  • Online & Mobile Banking Center
  • Online Banking
  • Bill Pay
  • eStatement
  • Mobile Banking
  • Mobile Wallet
  • Credit Sense
  • Telephone Teller
  • eSign

Is Their Credit Card Rate Good Enough for Daily Banking?

Credit is the biggest attraction point for the people. This credit union knows how to set the rate for the people for better banking.

This credit union offers competitive rates across all their credit cards. Here are the rates are given below.

CardsAnnual Percentage RateType
Signature Cash Back Rewards10.24% – 19.24%Variable
Business Cashback Rewards11.24% – 20.24%Variable
Platinum8.24% – 17.24%Variable
Start8.24% – 17.24%Variable
Secured15.24%Variable
Picture: Install the mobile app

What About Their Rates For Savings Accounts?

Verifying the rate is always a wise step for people before choosing a financial institution. For Advantis Credit Union you can check all the rates, especially for their savings account from below.

APYMINMAXAccount Name
1.00%$501Start Savings Account
1.00%$500My First Home – Savings
0.10%$25kHigh Growth IRA
0.05%$500Regular Savings
0.05%$500Tax Account
0.05%HAS Interest Checking
0.05%$500Business Savings Account
0.05%$500Holiday Account
Picture: National Average vs. advantis

Conclusion:

The management of Advantis Credit Union is full of great people. All these people dedicated their dream to the seeks of better banking across the United States of America.

The service that other people receive from here has just been outstanding. Their vision and mission must be navigated by some superior personnel that can realize what people want from them. This is the place where people can find something innovative all the time.

Living the financial dream is possible because of such types of credit union. No more questions after reviewing all the strategy and financial activity of this credit union.

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