Advantage Credit Union

About Advantage Credit Union

Advantage Credit Union Location

121 W.3rd Street N.
Newton, IA 50208

Phone: (641) 792-5660
Website: www.acuiowa.org
Routing/Transit Number: Not Available

Advantage Credit Union Information

Advantage Credit Union of Newton, IA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 5223 members and assets of $37,594,289, as compared to the national average of $93 million dollars of assets per credit union. Advantage Credit Union, first opened in 1937 and has been in operation since then. Additionally, Advantage Credit Union has 12 full time employees and 5 part time employees, or 307.235294118 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Advantage Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Advantage Credit Union is a not-for-profit, cooperative, tax-exempt organization.