ADVANCED FINANCIAL Credit Union Profile

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ADVANCED FINANCIAL

Charter #16785 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (908) 771-0300

Fax: (908) 771-9349

Founding Date: N/A

Website: http://www.advfinfcu.com

Personnel & Operations

President: Marquardt, Arthur

Manager: Mullins, Sandra

FT Employees: 25

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 4

Hours: 8:00 am to 4:00 pm M-F

Credit Union Profile Summary

ADVANCED FINANCIAL is a FCU Credit Union. With a total of 6,611 members [1], this institution manages approximately $107,239,498 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.58% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.68% [1].

Financial Snapshot

Total Assets [1]
$107,239,498

Total economic resources.

Total Loans [1]
$49,913,605

Total value of outstanding loans.

Total Deposits [1]
$90,691,567

Total funds deposited by members.

Members [1]
6,611

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.58%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.10%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
55.04%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -1.18%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -10.68%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -3.26%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

785 CENTRAL AVE

NEW PROVIDENCE, NJ, 07974
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 4 branches reported by ADVANCED FINANCIAL (Charter #16785).

Main Office

New Providence Main Office

Type: Corporate Office

785 CENTRAL AVE

New Providence, NJ 07974

Phone: (908) 771-0300

Services: Member Services, ATM

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Additional Branches

Roselle

Roselle

Type: Branch Office

575 Raritan Rd

Roselle, NJ 07203

Phone: (908) 771-0300

Services: Member Services, ATM

Open in Directions

Scotch Plains

Scotch Plains

Type: Branch Office

383 Park Ave

Scotch Plains, NJ 07076-1155

Phone: (908) 771-0300

Services: Member Services

Open in Directions

West Orange

West Orange

Type: Branch Office

342 Main St

West Orange, NJ 07052

Phone: (908) 771-0300

Services: Member Services

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