1st Advantage Federal Credit Union is a member-owned financial cooperative serving individuals who meet its field of membership criteria. Established to provide access to banking services through cooperative principles, its history stems from the broader movement of credit unions that prioritize community-oriented financial solutions. The organization operates as a not-for-profit institution, reinvesting earnings to support members and maintain sustainable operations rather than distributing profits to external shareholders.
The credit union offers a range of financial services typical of federally chartered, member-focused institutions, including deposit accounts, loan products, and related financial services. Its governance structure typically features a member-eled board of directors and a management team responsible for strategic oversight, regulatory compliance, and day-to-day operations. Operational scope encompasses retail branch presence, member services, and digital access points designed to serve local residents and select employment groups within its field of membership, while aligning with federal regulations governing credit unions.
Better than 39% of providers in Richmond
In addition to the primary service, 1st Advantage Federal Credit Union also offers:
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1st Advantage Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
1st Advantage Federal Credit Union is listed as a financial service provider in Richmond, VA and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask 1st Advantage Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from 1st Advantage Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare 1st Advantage Federal Credit Union with other providers in Richmond and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
1st Advantage Federal Credit Union has a rating of 4.0, which is better than 39% of providers in Richmond.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents 1st Advantage Federal Credit Union requests. It is always best to call ahead using the phone number on this page so 1st Advantage Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, 1st Advantage Federal Credit Union also offers: Federal credit union, ATM, Financial institution.