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ADVANTAGE ONE CREDIT UNION

Sep, 30, 2025 — ADVANTAGE ONE CREDIT UNION is a federally insured state chartered credit union headquartered in BROWNSTOWN, MI with 3 branch locations and about $250.31 million in total assets. Opened 74 years ago in 1952, ADVANTAGE ONE CREDIT UNION has about 17,859 members and employs 63 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 272485107
Name:ADVANTAGE ONE CREDIT UNION
Address:
(Main Office)
23670 Telegraph Rd
BROWNSTOWN, MI 48134
Phone:(734) 676-7000
Fax:
Website:https://www.myaocu.com/
Branches:3 branch locations
Members:17,859
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68679
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Apr 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$250,309,067
CEO/Manager:Christopher D Corkery
Chairperson:Richard E Lindemann

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,401,963
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 75,374,939
 Unsecured Loans 34,073,910
 Other Loans 91,548,270
 TOTAL LOANS 201,234,958
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,129,725
 Land And Building 7,315,191
 Other Fixed Assets 682,345
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,099,740
 All Other Assets 0
  TOTAL ASSETS 250,309,067
LIABILITIES & CAPITAL:  
 Dividends Payable 345,128
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -11,660
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 42,765,386
 Regular shares 100,188,274
 All Other Shares & Deposits 79,634,742
  TOTAL SHARES & DEPOSITS 222,588,403
  TOTAL LIABILITIES 222,921,871
 Regular Reserve 0
 Other Reserves -1,756,331
 Undivided Earnings 29,143,527
  TOTAL EQUITY 27,387,196
  TOTAL LIABILITIES, SHARES, & EQUITY 250,309,067
INCOME & EXPENSE  
 Loan Income 10,656,630
 Investment Income 587,254
 Other Income 1,691,742
 Total Employee Compensation & Benefits 3,953,400
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,533,195
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,199,748
 Cost of Funds 2,046,094
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,888,190
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