1st Advantage Richmond VA Credit Union | Best Auto Loans & Business Banking

Introduction

Welcome to 1st Advantage, your trusted partner in financial growth and stability located at 1204 Broad Rock Blvd, Richmond, VA 23224. Established in 1951, we have proudly served our community for over seven decades, growing alongside our members. With a strong commitment to member satisfaction, we currently support a vibrant membership of 70,741 individuals who rely on us for their banking needs. At 1st Advantage, we understand that financial decisions can be daunting. That's why we strive to provide personalized services that meet your unique needs. Our total assets stand at an impressive $1,000,428,625, ensuring that we are well-equipped to help you achieve your financial goals. We offer a wide range of products, from checking and savings accounts to auto loans and business financing. With total deposits of $86,512,535 and a net worth of $146,602,757, you can trust that your money is safe with us. Led by our dedicated CEO, Paul Muse, and Board President Sylvester McClellan, our team of 221 employees is here to guide you every step of the way. Whether you're looking for assistance with loans or advice on managing your savings, we're committed to providing exceptional service. While members can visit us at our branch location, official correspondence should be sent to our mailing address: PO Box 2116, Newport News, VA 23609-0116. Ready to take the next step? Contact us today at 757-877-2444 or explore our website at 1stadvantage.org to learn more about how we can support your financial journey!

Branch History & Mission

Community Focus

We take pride in being a shared service center, allowing us to serve even more members efficiently. Our initiatives are designed not just to meet financial needs but also to foster community spirit whether through educational workshops or local sponsorships.

Join Us!

As we look toward the future, we're excited about what lies ahead. We invite you to experience the benefits of membership at 1st Advantage. Join us today and become part of a community that values your growth as much as its own. Together, let's build a brighter financial future! For more information or to open an account, please visit our website. If you have questions, don't hesitate to call us at (757) 877-2444!

Mission Statement

At 1st Advantage, we believe that everyone deserves access to quality financial services. Our mission is to provide personalized banking experiences that not only help individuals achieve their goals but also strengthen the communities we serve. We aim to be a trusted partner by offering products like checking accounts, savings plans, auto loans, and credit cards with rewards all designed with you in mind. While members can visit us at 1204 Broad Rock Blvd Richmond Va 23224, official correspondence should be sent to PO Box 2116 in Newport News. We're here for you Monday through Thursday from 9 AM to 4:30 PM and Friday from 8:30 AM to 4:30 PM. Our commitment extends beyond traditional banking hours; we offer ATM availability for your convenience.

Our Evolution

Since opening our doors, we have continuously adapted to meet the changing needs of our members. We've embraced technology while maintaining a personal touch, ensuring that each member feels valued and understood. As we expanded our services to include personal banking, auto loans, mortgages, business banking, and more, we've remained focused on our mission: empowering our community through accessible financial solutions. Our headquarters is located in Newport News, VA, but our impact reaches throughout Richmond City and beyond. The strong relationships we've built with local organizations enhance our ability to give back to the community through various outreach programs and partnerships.

Branch Location & Accessibility

Welcome to the 1st Advantage Mcguire Branch, your friendly financial partner located at 1204 Broad Rock Blvd in Richmond, VA. Our branch is designed with convenience in mind, ensuring that our members have easy access to a variety of banking services right in the heart of Richmond City. Whether you're stopping by for personal banking, auto loans, or business banking needs, we are here to help. While you can visit us at our physical location on Broad Rock Blvd, if you need to send any official correspondence, please use our mailing address: PO Box 2116, Newport News, VA 23609-0116. You'll find us close to local landmarks that make it easy to fit a visit into your day. With ample parking available and features that comply with ADA standards, we strive to make your visit as comfortable as possible. Our operating hours are designed to accommodate your busy schedule. We're open Monday through Thursday from 9 AM to 4:30 PM and Friday from 8:30 AM to 4:30 PM. This means you can easily stop by before or after work during the week. At the Mcguire Branch, we offer a full range of services including checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing options, as well as credit cards with rewards. If you're a member of another credit union, take advantage of our shared service center for basic transactions like deposits and withdrawals. For those on the go, we also have ATM availability for quick cash withdrawals and balance checks anytime you need them. If you have any questions or want to learn more about what we can do for you, don't hesitate to call us at 757-877-2444. We look forward to welcoming you soon!

Member Eligibility

At 1st Advantage, we believe that everyone deserves a place in our supportive financial community. If you're looking to become a member of our branch located at 1204 Broad Rock Blvd, Richmond, VA 23224, you'll be glad to know that eligibility is designed to be inclusive and straightforward. We welcome anyone who lives, works, worships, or attends school in the area, as well as family members of existing members. This means you can join us easily and start enjoying the benefits of membership right away! From personalized financial services to competitive rates on loans and savings, being part of 1st Advantage opens up a world of opportunities tailored for you. Ready to take the next step? Opening an account with us is a breeze! For detailed eligibility criteria, check out our membership benefits page. If you're all set and want to open your account today, simply visit our account opening page. Should you have any questions or need assistance, feel free to give us a call at 757-877-2444. We're excited to welcome you aboard!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $104 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $31 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $72,959,272, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

Imagine having a reliable partner that simplifies your payment processes. Our merchant services make it easy for you to accept payments from customers, whether in-store or online. This means faster transactions, improved cash flow, and happier customers all crucial elements for any growing business. Located at 1204 Broad Rock Blvd Richmond Va 23224 in Richmond, VA, our dedicated team is here to help you navigate the financial landscape and find the right solutions for your business. Connect with us today at (757) 877-2444 to learn how we can support your journey!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

With access to ATMs across the country, withdrawing cash has never been easier. Our members enjoy basic ATM access, which includes withdrawals and balance checks at numerous locations.

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans and vehicle financing options make it easy to drive off in your dream vehicle without breaking the bank. With flexible terms and competitive rates, we ensure that financing your next car is straightforward and stress-free.

Business Banking

For our business members, we offer specialized services such as merchant services and business loans designed to support your entrepreneurial journey. We know how important it is for businesses to have reliable banking solutions that help them grow.

Credit Cards with Rewards

Don't forget about our credit cards with rewards, which allow you to earn points on everyday purchases. This means every time you swipe your card, you could be earning rewards for travel, cash back, or other perks!

Mortgage Loans & Refinancing

If you're ready to buy a home or refinance your existing mortgage, our team is here to help. Our mortgage loans come with various plans to suit different budgets and lifestyles. We understand that this is a significant step in life, and we're committed to making the process smooth and transparent.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking platforms. Access your accounts anytime from anywhere using our user-friendly app or website. You can manage transactions, pay bills, and even transfer money easily with just a few clicks.

Personal Banking

Our personal banking options include checking and savings accounts that help you manage your finances effectively. Imagine having a checking account with no monthly fees, giving you more freedom to spend on what matters most. For those planning for the future, our savings accounts offer competitive interest rates, so your money can grow over time.

Personal Loans & Debt Consolidation

Need some extra cash for an unexpected expense? Our personal loans can provide the financial cushion you need. Additionally, if you're dealing with multiple debts, our debt consolidation options can simplify your payments and potentially lower your interest rates.

Shared Branch Transactions

As part of our commitment to accessibility, we also offer basic shared branch transactions for deposits and withdrawals if you're a member of partner credit unions. This feature allows greater flexibility when managing your finances. We invite you to experience all these services at Mcguire Branch! If you're interested in learning more or opening an account, don't hesitate to reach out at (757) 877-2444 or visit us in person at our Richmond location. Your financial well-being is our top priority!

Digital & Online Banking

Key Features

With our online banking platform, you can effortlessly check your balance, pay bills, and transfer money all from the comfort of your own device. Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick. Plus, with our mobile application, available for download on major platforms, banking is literally at your fingertips. For those who appreciate going paperless, we offer electronic statements so you can view your account details whenever you need them without cluttering your mailbox. And when it comes to signing important documents, our electronic signature authorization ensures a secure and efficient process.

Security & Accessibility

We prioritize your security with robust measures in place to keep your information safe while you bank online. Our 24/7 online banking services mean that you can manage your accounts at any hour, giving you peace of mind knowing that help is just a click away. With mobile payments enabled, paying for goods and services has never been easier or more secure. Just link your accounts through our app and enjoy hassle-free transactions wherever you are. At 1st Advantage, we believe that banking should be straightforward and user-friendly. Dive into our digital offerings today and experience financial management like never before!

Financial Strength

A Solid Foundation

With a net worth of $146,602,757, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,465 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Focused on Growth

With $143,687,981 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $10,604 in used auto loans and $717,458,707 in total loans and leases.

Growing Together

Total Share and Deposit Accounts stand at 139,996, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) amount to $212, further showcasing our dedication to supporting your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st Advantage is your trusted partner. Visit us at 1204 Broad Rock Blvd Richmond Va 23224 or call (757) 877-2444 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $204,869,024 in share certificates and $110,222,889 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 216 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $191,517,727 in used vehicle loans and $65,291,184 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates that make it easier for you to drive away with the vehicle you want.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $96,624,553, make buying or refinancing simple. Whether you are a first-time homebuyer or looking to refinance your existing mortgage for better terms, our team is ready to assist you every step of the way.

Other Financing Options

In addition to auto and mortgage loans, we provide various personal loans and credit lines designed to meet different financial needs. With $187,124,532 available in total credit lines, members can access funds quickly when they need them most. For business owners looking for growth opportunities, our outstanding commercial loans totaling $72,959,272 provide the capital needed to expand operations or invest in new projects. If you're interested in refinancing any of these loans or want more information about eligibility options available at our branch, feel free to contact us at 757-877-2444. Our team will guide you through the process and answer any questions you may have. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At 1st Advantage, we believe in empowering our members with the right tools for financial success. Explore our loan offerings today and see how we can help you achieve your goals!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $26,284,115 in loans helping members manage their finances effectively. These credit cards come without collateral requirements and can be an excellent tool for everyday purchases or emergencies.

Loan Aggregator

Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to sourcing data from reputable institutions ensures fair and transparent offers. Users can trust that the information they receive reflects current market conditions and competitive pricing.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, enabling informed decisions that align with their financial goals. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimony exemplifies how LendMesh can make a significant difference in users' financial journeys. If you are ready to explore your options and find competitive rates tailored to your needs, compare real-time loan offers today at LendMesh and take the first step towards securing a favorable loan. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

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