AVANTI Credit Union Profile
Showing details for AVANTI Credit Union.
Credit Union Profile for: AVANTI
AVANTI
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
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
N/A / 5.0Total Approved Reviews:
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Branch Locations
Found 1 branches reported by AVANTI (Charter #8801).
Main Office
Avanti Federal Credit Union Main Office
1620 4th St NE
Watertown, SD 57201-8604
Phone: (605) 882-2357
Services: Member Services, Drive-Thru