Credit union · NCUA insured
Advance Financial Federal Credit Union
A $122.8M credit union headquartered in Schererville, IN, with 7,165 members and 2 branches in Indiana. Best rates: CDs 1.00% and savings 0.04% APY.
Advance Financial Federal Credit Union Carrot Score
72
Carrot Score
Higher than 31% of U.S. banks and credit unions
#80 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Advance Financial Federal Credit Union
Advance Financial Federal Credit Union was established in 1937 by eight steelworkers guided by the credit union philosophy of people helping people.
Serving Lake and Porter counties in Indiana, the credit union expanded its community charter to include Porter County in 2013.
- Headquarters
- 31 W US Highway 30, Schererville, IN 46375-2108
- NCUA charter
- 24078
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Open to anyone who lives, works, worships, volunteers or is educated in Lake or Porter Counties in Indiana.
Family and household
- Open to families of members wherever they live, including spouses, children, siblings, parents, grandparents, grandchildren, aunts, uncles, nieces, and nephews.
Branches
2 branches in Indiana
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Indiana
2 branches
- Schererville OfficeMain office31 W US Highway 30, Schererville, IN 46375Directions
- East Chicago Office4035 Alder St, East Chicago, IN 46312Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 13.07% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.76% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.38% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $58 | $76 | — |
- CapitalNet worth ratio13.07%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.76%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.38%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$58Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Advance Financial Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.