Adventure Credit Union

Headquarters

P.o. Box 895
Grand Rapids, MI 49518
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.70% 4.80% →
2-Year CD 1.01% 4.25% →
5-Year CD 1.40% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Adventure is an NCUA insured institution located in Grand Rapids, MI. It was founded in 1936 and has approximately $443.39 millions in assets.

Who can join?

You can be a member of Option 1 Credit Union if you live, work, worship, or attend school in the following counties: Allegan, Barry, Clinton, Eaton, Ingham, Kent, Livingston, Newaygo, Ottawa, Shiawassee. The charter also allows Option 1 to serve people with disabilities who reside in Michigan and businesses who provide disability related services, as well as the employees of 500+ employer groups, unions and associations in the West Michigan and Lansing areas. Additionally, Option 1 membership is offered to persons related by blood or marriage to a current credit union member and people who reside in the same household as a current credit union member. For-profit and non-profit businesses and associations and their employees who are affiliated with the healthcare profession in the State of Michigan are also eligible for Option 1 membership.

NCUA Insured Yes / State-Chartered
Charter Number # # 60936
Date Established 1936
Assets $443.39 million
Loans $293.64 million
Deposits $377.72 million
Capital $62.68 million
 

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Barry, Allegan, Eaton, Clinton, Ingham, Ionia, Kent, Livingston, Newaygo, Ottawa, and Shiawassee Counties in Michigan. Membership is also open to anyone with disabilities living or working in the state of Michigan and to businesses who provide disability-related services and to employees of the Select Employer Groups.

Deposit Rates - November 22, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
1.01% $10,000 $14,999 Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More
36 Mo CD
1.15% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.30% $10,000 $14,999 Learn More
48 Mo CD
1.30% $100,000 $199,999 Learn More
60 Mo CD
1.40% $10,000 $14,999 Learn More
60 Mo CD
1.40% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.35% $1 $499 Learn MoreShow Less

Loan Rates - November 22, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Adventure

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.494% 6.375% 0.88 $4,010 $1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.953% 6.875% 0.63 $2,534 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125% 1.00 $3,200 $2,156 Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info

Note to Adventure
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Branches

Below are Adventure branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives

ADVENTURE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Adventure Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Adventure. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Adventure U.S. Average
7.06% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Adventure had $4,592,837 in non-current loans and $1,555 in owned assets. To cover these potential losses it had $62,675,192 in net worth and $2,382,443 in loans loss reserves. That gives it a Texas Ratio of 7.06%.

Net Worth
Adventure U.S. Average
14.13% 13.93%

Adventure FCU has a net worth of 14.13% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Adventure

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