ADVANTAGE
State-Chartered • Newton, Iowa • Est. 1937
Quick Facts
- Charter Number
- #64030
- Type
- State-Chartered
- Established
- 1937
- Headquarters
- Newton, Iowa 50208-3040
- Address
- 121 W 3rd St N
- Branches
- 1
- ATMs
- 1
- Members
- 7,154
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 5% and a delinquency rate below 4%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
7,154 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | ADVANTAGE |
|---|---|
| Total Assets | $106.5M |
| Members | 7,154 |
| Loans Outstanding | $60.7M |
| Shares & Deposits | $90.1M |
| Net Worth | $16.0M |
| Net Worth Ratio | 15.05% |
| Loan-to-Share Ratio | 67.4% |
| Delinquency Rate | 3.15% |
| Net Income | +$291,686 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
1 location · 1 ATMs
Advantage Credit Union
Main Office121 W 3rd St N
Newton, IA 50208-3040
Who Can Join ADVANTAGE?
Membership Type: Community
Membership eligibility for ADVANTAGE may vary. Contact the credit union directly to confirm qualification requirements.
Contact ADVANTAGE directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Iowa
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Iowa RankingsFrequently Asked Questions
ADVANTAGE is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, ADVANTAGE has 7,154 members and a potential membership field of 896,052 people.
ADVANTAGE's reported net worth ratio is 15.05% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
ADVANTAGE operates 1 branch location and has access to 1 ATMs. The main office is located at 121 W 3rd St N, Newton, IA 50208-3040.
ADVANTAGE was established in 1937. It is a state-chartered credit union chartered under charter number 64030. The institution has been serving members for 89 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or ADVANTAGE. All financial data is for informational purposes only.