Advantage Credit Union Newton IA | Best Auto Loans & Business Banking

Introduction

Welcome to Advantage Credit Union, where our commitment to serving the Newton community shines through in everything we do. Located at 121 W 3Rd St N, Newton, IA 50208, our credit union has been a trusted financial partner since 1937. With a strong foundation built on trust and reliability, we proudly serve over 7,229 members and manage total assets of $113,778,316. At Advantage Credit Union, we understand that every member's financial journey is unique. Whether you're looking for personal banking solutions like checking and savings accounts or seeking financing options such as auto loans and mortgages, we're here to help you navigate your financial goals with confidence. Our dedicated team of 23 employees works tirelessly to provide personalized service tailored to your needs. While members can visit us at our branch address, official correspondence should be sent to 121 W 3rd St N, PO Box 822, Newton, IA 50208-3040. You can reach us at 641-792-5660 during our convenient operating hours: Monday and Friday from 9 AM to 6 PM, and Tuesday through Thursday from 9 AM to 5 PM. Under the leadership of our CEO, Leslie Brickman, and Board President, Kimberly Clark, we are committed to fostering a supportive environment where all members feel valued. With total deposits exceeding $7,956,955 and a net worth of $14,947,832, we have the resources needed to support your financial aspirations. Join us today and experience the Advantage difference! Visit our website at Advantage Credit Union for more information about our services or to get started on your financial journey. We're excited to be part of your success!

Branch History & Mission

A Rich Legacy

Since opening our doors, Advantage has been dedicated to fostering financial wellness in the community. Our journey began with a simple mission: to provide accessible financial services tailored to the needs of our members. Over the decades, we've expanded our offerings significantly, now boasting total assets of ${total_assets}, which showcases our growth and commitment to supporting our members' dreams. As we look back on our history, it's clear that each milestone has been guided by a focus on community involvement and member satisfaction. Whether it's through offering auto loans or personal banking services, we strive to meet the diverse needs of those we serve. Our partnerships with local organizations reflect our dedication to giving back and ensuring that everyone in Newton has access to essential resources.

Community Commitment

Our commitment extends beyond financial products. Advantage actively participates in local events and initiatives that uplift the community spirit in Newton. We believe that by supporting local causes and building strong relationships with other organizations, we can create a lasting impact that benefits everyone.

Join Us

We invite you to experience everything Advantage Credit Union has to offer. With operating hours designed for your convenience Monday from 9 AM to 6 PM and Tuesday through Thursday from 9 AM to 5 PM we are here when you need us most. Whether you're looking for help with loans or simply want guidance on your financial journey, you'll find friendly faces ready to assist you at every turn. Join us today and become part of a community-focused credit union that truly cares about your financial future! For more information or inquiries, feel free to reach out at 641-792-5660. Together, let's build a brighter tomorrow!

Our Mission

At Advantage Credit Union, our mission is straightforward yet powerful: we exist to enhance the financial well-being of our members while supporting the communities they live in. We understand that financial success is not just about numbers; it's about empowering individuals and families to achieve their goals. From providing personalized banking solutions like checking and savings accounts to offering competitive loan options for vehicles and homes, we are here every step of the way. We pride ourselves on being a customer-centric institution. Our services include online and mobile banking for convenience, as well as drive-thru service for quick transactions. We also ensure ADA compliance so all members can access our services comfortably. While members can visit us at 121 W 3rd St N, official correspondence should be sent to PO Box 822, Newton, IA 50208-3040 if needed.

Branch Location & Accessibility

Convenient Access

At our Newton branch, we offer ample parking space, ensuring that your visit is as hassle-free as possible. We take pride in being ADA-compliant, featuring ramps and accessible entrances for our members with mobility needs. Plus, if you prefer a quick transaction, our drive-thru service is ready to assist you with deposits, withdrawals, and other simple banking tasks without leaving your car.

Operating Hours

We understand that life can get busy! That's why our lobby hours are designed to fit into your schedule. You can visit us Monday and Friday from 9 AM to 6 PM, or Tuesday through Thursday from 9 AM to 5 PM. Need assistance outside of these hours? Give us a call at (641) 792-5660, and our friendly team will be glad to help!

Services Offered

At Advantage Credit Union, we provide a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. If you're looking for online convenience, enjoy access to mobile banking and ATM services right at your fingertips. For those who may need additional support or services from partner credit unions, we also offer shared branch transactions. This means you can handle deposits and withdrawals seamlessly even if you're visiting from another location. While you can find us at 121 W 3Rd St N Newton Ia 50208, please note that official correspondence should be sent to our mailing address: 121 W 3rd St N, Newton, IA 50208-3040. We invite you to come visit us at Advantage Credit Union in Newton! Our dedicated team looks forward to assisting you with any questions or services you may need. Join us today and experience the difference of personalized banking!

Member Eligibility

Joining the Advantage community at Advantage is like becoming part of a family that genuinely cares about your financial journey. To become a member, you simply need to meet some friendly eligibility requirements. If you live, work, or worship in the area around 121 W 3Rd St N Newton Ia 50208, you're likely already on your way to enjoying all the benefits we offer! Membership opens doors to a variety of services, including personalized banking solutions and competitive loan options tailored just for you. For more details on eligibility criteria, feel free to visit our website at it's a great resource for everything you need to know. Opening an account with us is quick and easy! Simply give us a call at (641) 792-5660, and our team will guide you through the process. We're here to help you every step of the way, ensuring that your transition into membership is smooth and welcoming. So why wait? Join us at Advantage and experience the advantages of being part of a supportive financial community today!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $21 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $71,208, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine running a retail shop and needing to streamline transactions for your customers. Our merchant services can help you accept payments easily, manage sales data efficiently, and enhance customer satisfaction all vital components for thriving in today's market. Located at 121 W 3Rd St N Newton Ia 50208 in Newton, IA, we are here to assist you every step of the way. Whether you're looking to fund your next project or improve payment processing, reach out to us at (641) 792-5660 to discover how we can support your business journey!

Comprehensive List Of Services

Business Banking Support

If you're a business owner, we offer essential services like merchant services and business loans. Let us help you grow your venture with tools designed to streamline operations and finance expansion.

Community Connections

As part of our commitment to serving our members, we also participate in basic shared branch transactions for partner credit union members. This means even more flexibility when it comes to accessing your money. At Advantage, we believe that banking should be straightforward and accessible. If you have any questions or want to learn more about how we can assist you financially, don't hesitate to reach out! Call us at (641) 792-5660 or visit us at 121 W 3Rd St N Newton Ia 50208 in Newton today. Let's work together towards achieving your financial goals!

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking solutions that allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds and making payments, everything is just a tap away. Need cash? Our ATM and cash withdrawal services ensure you have access when you need it most. Plus, our basic drive-thru banking allows for quick deposits and withdrawals without leaving your car!

Credit Cards That Reward You

Don't forget about our credit cards with rewards, designed to give back as you spend. Whether you're booking a vacation or shopping for groceries, earn points that can be redeemed for exciting perks!

Home Financing Solutions

Thinking about buying a home? We offer mortgage loans and refinancing options that can make homeownership more attainable. Our team is here to guide you through the process, ensuring you understand every step along the way. For those looking to consolidate debt or cover unexpected expenses, our personal loans can provide the financial relief you need. With straightforward terms and competitive rates, you can feel secure making this important decision.

Personal Banking Made Easy

When it comes to personal banking, we offer various accounts designed to fit your lifestyle. Our checking and savings accounts are perfect for everyday transactions and long-term savings goals. Imagine having easy access to your funds while earning interest on your savings that's what we aim to provide! If you're considering purchasing a new vehicle, our auto loans and vehicle financing options can help you get behind the wheel without the stress. Picture driving off in your dream car with flexible payment plans tailored just for you.

Digital & Online Banking

Accessibility and Real-Time Management

Banking shouldn't feel complicated. That's why our digital services are user-friendly, allowing everyone to navigate their financial needs with ease. From tracking spending habits to setting up alerts for important account activities, you'll always stay informed about your finances. At Advantage, we believe that effective banking means having the tools you need right where you want them. Enjoy the freedom of managing your money on your terms whenever and wherever works best for you!

Key Features of Our Digital Banking Services

Our online banking platform, accessible at https://www.memfirstcu.com/, provides you with 24/7 access to your accounts. You can check balances, pay bills, and transfer funds at any time that suits you. Plus, our mobile application makes it even easier to bank on the move. Whether you're in line at the store or relaxing at home, everything you need is right at your fingertips. Security is a top priority for us. With electronic signature authorization available, signing documents online is both safe and simple. You can also opt for e-statements, reducing paper clutter while keeping your financial information secure and easily accessible. Need to send money quickly? Our person-to-person transfer feature allows you to send cash to friends and family instantly no checks or cash needed! And if you're someone who loves using mobile payments, you'll be pleased to know that we support this feature too, making transactions smoother than ever.

Financial Strength

Growing Member Base

Total Share and Deposit Accounts stand at 17,583, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $1,440,458, further highlighting our commitment to supporting your financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Advantage is your trusted partner. Visit us at 121 W 3Rd St N Newton Ia 50208 or call (641) 792-5660 to learn more about how we can help you achieve your financial goals.

Investment in Growth

With $13,075,777 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 your financial goals with $2,249 in used auto loans and $80,148,775 in total loans and leases.

Member-Centric Savings

Your savings are secured through $20,936,160 in share certificates and $14,687,840 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $6,119,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $-649,410 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 23 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $14,947,832, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,314 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $42,983,691 in used vehicle loans and $5,652,746 in new vehicle loans already helping members get on the road. We cater to various needs with both new and used vehicle financing options that are straightforward and competitive.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $3,998,863, make buying or refinancing simple. We're here to guide you through every step of the process to ensure you find the right fit for your budget and lifestyle.

Other Loan Options

For those needing additional credit lines or personal financing solutions, our total credit lines amount to $12,330,229, providing ample opportunities for borrowing when necessary. If you're considering refinancing your existing loans or want to explore eligibility options for any of our products, our team is ready to assist you. We believe in making financing as accessible as possible for all our members. For more information about our loan products or to get started today, please give us a call at 641-792-5660. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your financial journey starts here at Advantage!

Unsecured Credit Card Loans

Managing daily expenses can be challenging, which is why we also offer flexible terms on unsecured credit card loans. With a total of $1,781,508 in these loans helping members manage their finances effectively, you can enjoy peace of mind knowing you have access to funds when you need them.

Loan Aggregator

Ensuring 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 means users receive fair and transparent offers from legitimate financial institutions. Each listing reflects current rates and terms, allowing individuals to confidently compare options without hidden agendas.

Get Started Today

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Key Benefits of Using LendMesh

Verified Data: Loan offers are sourced only from established financial institutions, ensuring that users can trust the information they see. No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that reflect the best available options for all users. Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, which helps them make informed decisions quickly. 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!"

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