Credit union · NCUA insured
Secured Advantage Federal Credit Union
A $57.8M credit union headquartered in Simpsonville, SC, with 4,492 members and 2 branches in 2 states. Best rates: CDs 3.82% and savings 1.00% APY.
Secured Advantage Federal Credit Union Carrot Score
82
Carrot Score
Higher than 58% of U.S. banks and credit unions
#17 of 33 in Greenville, SC metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Secured Advantage Federal Credit Union
Secured Advantage Federal Credit Union is a member-owned cooperative originally organized in 1959 by Cryovac employees.
Headquartered in Simpsonville, South Carolina, the credit union expanded to serve Sealed Air Corp. following its 1998 acquisition of Cryovac.
- Headquarters
- 116 NE Main St, Simpsonville, SC 29681-2656
- NCUA charter
- 12877
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Individuals who live, work, worship, volunteer, or attend school in Greenville or Spartanburg counties, South Carolina, or in Wichita County or Iowa Park, Texas are eligible for membership.
Employers and groups
- Contract workers who regularly work under contract with Sealed Air Corp. are eligible for membership.
- Employees of Itty Bitty Child Care Center in Liberty, South Carolina are eligible for membership.
- Employees and retirees of Sealed Air Corp. or its subsidiaries/affiliates are eligible for membership.
Family and household
- Spouses, household members, or family members of current Secured Advantage members are eligible for membership.
Branches
2 branches in 2 states
Loading map…
South Carolina
1 branch
- Home Office-SVLMain office116 NE Main St, Simpsonville, SC 29681Directions
Texas
1 branch
- Iowa Park903 W Highway St, Iowa Park, TX 76367Directions
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 | 12.18% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.88% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.29% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $49 | $59 | — |
- CapitalNet worth ratio12.18%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.88%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.29%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$49Peers’ 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 Secured Advantage 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.