1st Advantage Federal Credit Union
1st Advantage Federal Credit Union is a mid-sized, federally-chartered credit union headquartered in Newport News, VA. The credit union operates 5 branches in 1 state (Virginia). It has $504.4 million in assets and roughly 58,400 members.
Products offered include: IRA CD, Share CD, Savings Account, 1st Advantage MMA, Preferred Checking and Premier Checking.
Current 1st Advantage Federal Credit Union Rates
| Name | Term | APY | Min Deposit | |
| IRA CD | 1 year | 0.51 % | $1,000 | |
| 18 months | 0.81 % | $1,000 | ||
| 23 months | 0.91 % | $1,000 | ||
| 2 years | 0.71 % | $1,000 | ||
| 3 years | 1.11 % | $1,000 | ||
| 4 years | 1.21 % | $1,000 | ||
| 5 years | 2.11 % | $1,000 | ||
| Share CD | 6 months | 0.41 % | $1,000 | |
| 1 year | 0.51 % | $1,000 | ||
| 18 months | 0.81 % | $1,000 | ||
| 23 months | 0.91 % | $1,000 | ||
| 2 years | 0.71 % | $1,000 | ||
| 3 years | 1.11 % | $1,000 | ||
| 4 years | 1.21 % | $1,000 | ||
| 5 years | 1.99 % | $1,000 |
1st Advantage Federal Credit Union Membership Eligibility
- You live, work, worship or attend school on the Virginia Peninsula (which includes Gloucester County, York County, the City of Williamsburg, James City County, the City of Newport News, the City of Hampton, and the City of Poquoson)
- Or if a member of your immediate family is a member, you're eligible to join
About 1st Advantage Federal Credit Union
A lot of people don't realize just how different credit unions are from banks and other financial institutions. For one thing, credit unions like 1st Advantage are not-for-profit financial co-ops, which means our focus is on our members, not outside investors, and profits are reinvested into the credit union to provide low loan rates, high returns on investments and lower (or eliminated) fees and charges.
For another thing, every member of 1st Advantage has equal ownership in the credit union, regardless of how much money they have on deposit. One member one vote. In addition, 1st Advantage is governed by a voluntary board of directors who are elected by the membership, from members of the credit union.
Third, 1st Advantage is dedicated to the communities we serve because we are a local organization and our members are also our neighbors. We have a vested interest in providing excellent financial products and services, but we also know that communities grow when everyone gets involved.
Finally, even though 1st Advantage is a local credit union, your money is still federally insured by the National Credit Union Administration -- so we're both safe and solid. We'll be here to serve you through every phase and opportunity in your life.