AVANTI Credit Union Profile

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AVANTI

Charter #8801 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (605) 882-2357

Fax: (605) 882-4520

Founding Date: N/A

Website: http://www.avantifcu.net

Personnel & Operations

President: West, Todd

Manager: Petrik, Austin

FT Employees: 6

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 66

Branches: 1

Hours: 7:30-5:30 MONDAY-FRIDAY

Credit Union Profile Summary

AVANTI is a FCU Credit Union. With a total of 3,009 members [1], this institution manages approximately $33,138,531 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.05% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.83% [1].

Financial Snapshot

Total Assets [1]
$33,138,531

Total economic resources.

Total Loans [1]
$20,636,464

Total value of outstanding loans.

Total Deposits [1]
$29,639,305

Total funds deposited by members.

Members [1]
3,009

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.05%

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]
1.44%

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

Loan-to-Share Ratio [1]
69.63%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
7.99%

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

Loan Growth (4Q) [1]
-4.83%

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

Member Growth (4Q) [1]
8.12%

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

Headquarters Location & Map

Headquarters Address

1620 4TH ST NE

WATERTOWN, SD, 57201-8604

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by AVANTI (Charter #8801).

Main Office

Avanti Federal Credit Union Main Office

Type: Corporate Office

1620 4th St NE

Watertown, SD 57201-8604

Phone: (605) 882-2357

Services: Member Services, Drive-Thru

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