Credit union · NCUA insured
Avanti FCU
A $31.8M credit union headquartered in Watertown, SD, with 2,963 members and 1 branch in South Dakota. Best rates: CDs 3.70% and savings 0.50% APY.
Avanti FCU Carrot Score
72
Carrot Score
Higher than 31% of U.S. banks and credit unions
#6 of 9 in Watertown, SD metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Avanti FCU
Chartered in 1953, Avanti Federal Credit Union is a member-owned not-for-profit financial cooperative based in Watertown, South Dakota.
Originally Watertown Employees' Federal Credit Union, it converted to a community charter in 2004, adopted its current name in 2009, and merged with Glacial Lakes Educational Employees Federal Credit Union in 2018.
- Headquarters
- 1620 4th St NE, Watertown, SD 57201-8604
- NCUA charter
- 8801
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons who live, work, worship or attend school in, and businesses and other legal entities located in Clark, Codington, Deuel, Grant, and Hamlin Counties in South Dakota are eligible for membership.
Other ways
- Members of record of Avanti Federal Credit Union as of the effective date of its community expansion on May 16, 2012 are eligible.
- Members of record of Glacial Lakes Educational Employees Federal Credit Union #9233 as of the effective date of its community expansion on March 1, 2018 are eligible.
Branches
1 branch in South Dakota
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South Dakota
1 branch
- Avanti Federal Credit UnionMain office1620 4th St NE, Watertown, SD 57201Directions
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 | 11.29% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 4.00% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.94% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $64 | $59 | — |
- CapitalNet worth ratio11.29%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late4.00%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.94%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$64Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Avanti FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.