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credit union

Advance Financial

Schererville, IN · Est. 1937
A
Trust Grade
Excellent
Score: 93/100

Advance Financial is a credit union based in Schererville, Indiana, established in 1937, with $123 million in total assets serving 7,165 members. By Trust Grade it ranks 65th of 124 credit unions we track in Indiana. Its net worth ratio of 13.0% is stronger than 72% of similarly sized credit unions, versus a Indiana median of 12.8%. It was profitable over the most recent period, with a 0.38% return on assets. No consumer complaints against Advance Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$122.8M
$100M–1B institution
Members
7,165
Shares & deposits
Net worth ratio
13.0%
Top 28% of $100M–1B peers · Indiana median 12.8%
Return on assets
0.4%
Bottom 27% of $100M–1B peers · Indiana median 0.68%
Rank in Indiana
#65
of 124 credit unions

How Advance Financial compares to Indiana peers

Net worth ratio
Top 28% of $100M–1B peers
Advance Financial
13.0%
Indiana median
12.8%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 27% of $100M–1B peers
Advance Financial
0.4%
Indiana median
0.7%
Higher ROA = more profitable relative to asset base

How we graded Advance Financial

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
93/100
Customer experience
n/a
Overall
A · 93
  • Strongly capitalized (13.0% capital ratio)
  • Profitable (ROA 0.38%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Advance Financial over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Advance Financial insured?

Yes. Advance Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Advance Financial: frequently asked questions

Is Advance Financial a good credit union?

Advance Financial earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (13.0% capital ratio); Profitable (ROA 0.38%).

Is Advance Financial NCUA-insured?

Yes. Advance Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Advance Financial?

Advance Financial holds $123 million in total assets, ranking 65th of 124 credit unions we track in Indiana. It serves 7,165 members.

Does Advance Financial have CFPB complaints?

No CFPB complaints against Advance Financial appear in our data over the analysis window, which is typical for a credit union of this size.

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Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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