Secured Advantage Federal Credit Union

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A short history of Secured Advantage FCU

Since its inception in 1959 the Secured Advantage Federal Credit Union has been serving its members in the SIMPSONVILLE, South Carolina area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michal Parker, the Secured Advantage FCU has grown its membership to over 6,915 with assets of more than $79,379,056. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (800) 468-5153 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SIMPSONVILLE, SC.

General Information For Secured Advantage FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12877
Address PO BOX 1539 
City SIMPSONVILLE 
State South Carolina 
Zip-Code 29681
Phone Number (800) 468-5153
Fax Number (864) 967-1495
Email Address: none
CEO/President Michal Parker
Members 6,915 
Full-Time Employees 14 
Part-Time Employees
Number of Branch Offices
Total Assets 79,379,056 
Website http://www.securedadvantagefcu.com 

Compare Secured Advantage Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Turbine CU TurbineFederal Credit Union 300 Garlington Rd 29615 (864) 254-2883 No 6.02
Mtc CU US0/US1 517C Michelin Rd 29602 (864) 458-1909 No 7.54
G.h.s. CU Patewood 211 Patewood Dr 29615 (864) 288-8046 No 8.32
Communityworks CU 115 W Antrim 115 W Antrim Dr 29607 (864) 438-2421 No 9.71
S. C. Telco CU Park Avenue 420 E Park Ave Ste 100 29603 (864) 232-5553 No 11.02

Secured Advantage Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Secured Advantage Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.00 3.36 3.39 4.04 4.22
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 254 190 136 144 128
Rank Among All South Carolina Credit Unions 12 20 8 12 6

Secured Advantage Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.15 0.20 0.64 0.18
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 119 114 235 273
Rank Among All South Carolina Credit Unions 7 8 13 14 23
Secured Advantage Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.0004571,222,636
All Other Unsecured Loans/Lines of Credit 8.6201,3504,408,676
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.3602013,661,890
Used Vehicle Loans 3.3907227,855,860
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.04020911,087,871
Total Other Real Estate Loans/Lines of Credit 4.220732,203,214
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.2501031,159,954
TOTAL LOANS & LEASES 3,11531,600,101

Secured Advantage Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 1638,617,537284,200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 462,470,3341100,000

OTHER REAL ESTATE

Closed-End Fixed Rate 27664,41300
Closed-End Adjustable Rate 461,538,8013135,548
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 28213,291,0856319,748

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Secured Advantage Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes