1st Advantage Federal Credit Union Info + Reviews

1st Advantage Federal Credit Union is the Virginia FCU that I’ll be focusing on here. We’re going to dig into the details on this one and go over important info to help you decide if it’s the right place for you. The details will include things like rates, eligibility and more.

By the time you’re finished reading, it should give you useful information to make an educated decision about working with them.

At the end, you can also add in your own personal review of this CU if you have experience with them.

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*Routing #: 251480563

*Phone #: 757-877-2444

Locations:

1st Advantage Federal Credit Union – Hidenwood Branch
12368 Warwick Blvd., Unit 112
Newport News, VA 23606
757-872-3541
0.67 miles
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Hours:
Monday: 9:00-5:00 Tuesday: 9:00-5:00
Wednesday: 9:00-5:00
Thursday: 9:00-5:00
Friday: 9:00-5:00
Michelle Mills,
Relationship Manager
1 ATM
1st Advantage – Riverside Branch
Riverside Hospital

500 J Clyde Morris Blvd.
Newport News, VA 23601
1.03 miles
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Hours:
Monday: 9:00 a.m – 4:30 p.m.
Tuesday: Closed
Wednesday: 9:00 a.m – 4:30 p.m.
Thursday: Closed
Friday: 9:00 a.m. – 4:30 p.m.
Saturday: Closed
Erica Carson, Relationship Manager
1st Advantage – Kiln Creek Branch
110 Cybernetics Way
Yorktown, VA 23693
757-872-3535
3.36 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday:9:00-5:00
Saturday:9:00-12:00

Drive-Thru Hours
Monday-Friday:
9:00-5:30
Saturday:
9:00-12:00

Georgettia E. Swindell,
Relationship Manager
1 ATM
Shared Branch (CU Service Center)
1st Advantage – Mercury Branch
5003 W. Mercury Boulevard
Newport News, VA 23605
4.83 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday:9:00-5:00
Saturday:9:00-12:00

Drive-Thru Hours
Monday-Friday:
9:00-5:30
Saturday:
9:00-12:00

Adriene Duncan,
Relationship Manager
1 ATM
1st Advantage Federal Credit Union- Denbigh Branch
12891 Jefferson Ave.
Newport News, VA 23608
757-872-3530
5.28 miles
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Hours:
Monday: 9:00-5:00
Tuesday: 9:00-5:00
Wednesday: 9:00-5:00
Thursday: 9:00-5:00
Friday: 9:00-5:00
Saturday: 9:00-12:00
Drive-Thru Hours
Monday – Friday:
9:00-5:30
Saturday:
9:00-12:00

Kim Bottley,
Relationship Manager
2 ATMs
1st Advantage – Coliseum Central Branch
2014 Coliseum Dr.
Hampton, VA 23666
757-872-3532
6.2 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday: 9:00-5:00

Adriene Duncan,
Relationship Manager
1 ATM
1st Advantage – Grafton Branch
6035 George Washington Memorial Hwy.
Yorktown, VA 23692
757-872-3542
6.47 miles
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Hours:
Monday: 9:00-5:00
Tuesday: 9:00-5:00
Wednesday: 9:00-5:00
Thursday: 9:00-5:00
Friday: 9:00-5:00

Drive-Thru Hours
Monday – Friday:
9:00-5:30

Melinda Ponton,
Relationship Manager
1 ATM
1st Advantage Federal Credit Union- Fort Eustis Branch
1317 Patton Ave.
Newport News, VA 23604
757-872-3538
7.51 miles
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Hours:
Monday: 9:00-5:00
Tuesday: Closed
Wednesday: 9:00-5:00
Thursday: Closed
Friday: 9:00-5:00
Kim Bottley,
Relationship Manager
Joint Base Langley Eustis
limited access
Shared Branch (CU Service Center)
1st Advantage – Williamsburg Commons Branch
224 Commons Way
Williamsburg, VA 23185
757-872-3533
18.91 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday:9:00-5:00

Drive-Thru Hours:
Monday-Friday:
9:00-5:30

Rebecca Denney,
Relationship Manager
1 ATM
1st Advantage – New Town Branch
4800 Courthouse Street
Williamsburg, VA 23188
757-872-3536
19.52 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday:9:00-5:00
Saturday:9:00-12:00
Drive-Thru Hours:
Monday-Friday:
9:00-5:30
Saturday:
9:00-12:00


Catherine Holzschuh,
Relationship Manager
2 ATMs
1st Advantage – Gloucester Branch
6511 George Washington Memorial Hwy.
Gloucester, VA 23061
757-872-3539
21.17 miles
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Hours:
Monday:9:00-5:00
Tuesday:9:00-5:00
Wednesday:9:00-5:00
Thursday:9:00-5:00
Friday:9:00-5:00
Saturday:9:00-12:00

Drive-Thru Hours
Monday – Friday:
9:00-5:30
Saturday:
9:00-12:00

Pamela Nichols,
Relationship Manager
1 ATM
Shared Branch (CU Service Center)
1st Advantage Federal Credit Union – Sentara Wmsbg. Reg. Med. Ctr. Branch
400 Sentara Circle, Suite 102
Williamsburg, VA 23188
22.69 miles
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Hours:
Monday:9:00 – 5:00
Tuesday:Closed
Wednesday:9:00 – 5:00
Thursday:Closed
Friday: 9:00 – 5:00

Catherine Holzschuh,
Relationship Manager
1 ATM
Shared Branch (CU Service Center)
1st Advantage Federal Credit Union- Virginia Beach Town Center Branch
4525 Columbus St.
Virginia Beach, VA 23462
757-872-3543
25.73 miles
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Hours:
Monday: 9:00-5:00
Tuesday: 9:00-5:00
Wednesday: 9:00-5:00
Thursday: 9:00-5:00
Friday: 9:00-5:00

Drive-Thru Hours Monday-Friday 9:00-5:00

Erica Carson, Relationship Manager 1 ATM Shared Branch (CU Service Center)

A Little History on 1st Advantage Federal Credit Union

This Virginia FCU was first chartered in 1951. It seems like the typical CU that I look at started in the 1930s, so this one is a little bit younger. Through the years, they’ve grown and become pretty big, having assets that exceed $900 million.

Because of their involvement with various ATM networks, you can access your cash from here in 65,000+ places surcharge-free.

Do They Give Back at All?

They do give back to the community at 1st Advantage Federal Credit Union. In 2020, for example, they invested $111,000 in the local community in the form of various donations. Organizations that benefited from their generosity included Children’s Hospital of the King’s Daughters, Virginia Peninsula Foodbank, and the Hampton Roads Ecumenical Lodgings and Provisions, Inc.

In non-pandemic times, they also get together for something called 1st A.I.D.E. Day, where all colleagues get together to work on projects for local non-profits.

Over the summer months of 2020 they also collected 1,301 pounds of food, 264 children’s books, and 117 packs of diapers to donate.

Membership Requirements at 1st Advantage Federal Credit Union

In order to qualify for membership, you will need to either live, work, worship, or attend school in a few specific places. Those are Hampton Roads, Richmond, or parts of North Carolina that are within the field of membership.

If you are related to an existing member, that is another way that you can qualify.

Their Products

You can find the usual savings products at 1st Advantage Federal Credit Union. They have many personal products, including checking, savings, money market accounts, direct deposits, certificates, IRAs, and Gift Cards.

There are three main credit card products at this Virginia FCU. They’ve got World Mastercard, Rewards Mastercard, and Standard Mastercard.

You can get new/used auto loans, RV, Boat, & Motorcycle Loans, Personal Loans, Loan Payments, auto loan refinancing, and credit builder loans, too.

1st Advantage Federal Credit Union offers a variety of mortgage products. Those include fixed rate mortgages, VA mortgages, FHA loans, VHDA First-time homebuyer loans, and a medical professionals mortgage.

You can get a home equity line of credit and home equity loans at this FCU, too.

For the business owners out there, they have business checking, business money market accounts, business loans, commercial real estate, SBA loans, Business Lines of Credit, credit cards, other business services and more.

Investments and Insurance

There are even insurance options. They have investments, retirement planning services, life insurance, home, and auto insurance.

A Few Rates

(All rates listed were current at the time of publishing this article, however, they are all subject to change without notice)

Type of LoanTerm RateAnnual Percentage Rate (APR)*
Mortgage Rates
 5/5 ARMas low as 2.875% 3.125%1
 5/5 JUMBO ARMas low as 3.375%3.186%2
 15-Year Fixedas low as 2.625%2.827%3
 20-Year Fixedas low as 2.875%3.032%4
Mortgages for Medical Professionals
 5/5 ARMas low as 2.625%2.817%5
 25-Year Fixedas low as 2.875%3.004%6
1. APR: Annual Percentage Rate. Fixed 2.875% / 3.125% APR for the first five years. The interest rate is current as of 2/01/2022. No Private Mortgage Insurance. Up to 80% LTV for purchases. Maximum loan amount is $510,400. After the five-year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter. Offer applies to borrowers with a credit score of 720 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice.

The payment on a 30-year, $200,000, 5-year Adjustable-Rate Loan at 2.875% / 3.125% APR and 80% loan-to-value (LTV) is $829.78. Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%. Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 5 years, the maximum payment is $1024.00. Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater and rates provided are based on current market rates, and are informational only. Payments are estimates and include only principal and interest. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling.

2. APR: Annual Percentage Rate. Fixed 3.375% / 3.186% APR for the first five years. The interest rate is current as of 2/01/2022. No Private Mortgage Insurance. Up to 80% LTV for purchases. Minimum loan amount is $510,400. After the five-year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter. Offer applies to borrowers with a credit score of 720 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. The payment on a 30-year, $510,000, 5-year Adjustable-Rate Loan at 3.375% / 3.186% APR and 80% loan-to-value (LTV) is $2,256.46. Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%.

Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 5 years, the maximum payment is $1024.00. Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater and rates provided are based on current market rates, and are informational only. Payments are estimates and include only principal and interest. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling.

3. APR: Annual Percentage Rate. The interest rate is current as of 2/01/22. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $200,000 loan amount, a 15-year term, and a 2.827% APR, you would make monthly payments of $1345.38. Payments are estimates only and only include principal and interest. Minimum/Maximum: The minimum refinance loan amount is $50,000. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.

4. APR: Annual Percentage Rate. The interest rate is current as of 2/01/22. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $200,000 loan amount, a 20-year term, and a 3.032% APR, you would make monthly payments of $1096.72. Payments are estimates only and only include principal and interest. Minimum/Maximum: The minimum refinance loan amount is $50,000. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.

5. APR: Annual Percentage Rate. Rates and terms based on credit criteria. Credit restrictions apply. Fixed 2.625% rate/ 2.817% APR for the first five years. The interest rate is current as of 2/01/2022. No Private Mortgage Insurance. Up to 100% LTV for purchases. Minimum loan amount is $100,000 and maximum loan amount is $1,500,000. After the five-year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter. Offer applies to medical professionals (licensed residents/interns/fellows in MD, DO, DPM, DDS, DVM, NP, PA and other practicing medical professionals with master’s level education and above. Borrower must have a credit score of 670 or better depending on credit qualifications.

All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. The payment on a 30-year, $200,000, 5-year Adjustable-Rate Loan at 2.625% / 2.817% APR and 80% loan-to-value (LTV) is $803.30. Payments are estimates and include only principal and interest. Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%. Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 15 years, the maximum possible payment is $1718.31.

Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater, and rates provided are based on current market rates, and are informational only. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.
 
6. APR: Annual Percentage Rate. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate is current as of 2/01/2022. No Private Mortgage Insurance. Up to 100% LTV for purchases. Minimum loan amount is $100,000 and maximum loan amount is $1,500,000. Offer applies to medical professionals (licensed residents/interns/fellows in MD, DO, DPM, DDS, DVM, NP, PA and other practicing medical professionals with master’s level education and above. Borrower must have a credit score of 670 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. The payment on a 25-year, $200,000 fixed rate loan at 2.875% / 3.004% APR and 80% loan to value (LTV) is $935.47. Payments are estimates and include only principal and interest.

Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater, and rates provided are based on current market rates, and are informational only. Some restrictions apply. This rate is applicable for owner-occupied purchase of a single-family dwelling. The interest rate charged, and the annual percentage rate are constant for the life of the loan. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.6

Vehicle Loan Rates

Type of LoanTerm (Months)Annual Percentage Rate (APR)*
New and Used Auto
 Up to 48 months2.44%*
 Up to 60 months2.64%* 
 Up to 66 months2.64%*
 Up to 75 months2.74%*
 Up to 84 months 4.54%*
 Up to 96 months 7.24%* 
New and Used Motorcycle, RV^ and Boat Loans 
 Up to 48 months3.94%*
 Up to 60 months4.14%*
 Up to 66 months4.14%* 
 Up to 75 months4.24%* 
 Up to 84 months6.04%* 
 Up to 96 months8.74%* 
*APR = Annual Percentage Rate. Other terms available. Minimum financed amount required. Minimum monthly payment required. Rate based on creditworthiness and term of loan. Rates are subject to change at any time and are not guaranteed. Listed Auto Loan rates include .25% discount with autopay set up. Regardless of available discounts, 2.44% is the minimum APR offered. Mileage and the condition of the collateral will be considered. Certain restrictions apply.
^All Recreational Vehicle loans require a minimum 20% cash down payment. 

Personal Loan Rates at 1st Advantage Federal Credit Union

Type of LoanAnnual Percentage Rate (APR)*
Signature Lines of Credit
 $500 and up – as low as 11.00%
Fixed Term Signature Loans 
 Personal Loan Special: Up to $20,000 as low as 6.99% APR* for up to 60 months
 $500 and up – as low as 10.00% APR*
Secured Loans
Share Secured3% above Share Rate
Certificate Secured2% above certificate rate. No discount on Share/Certificate secured rate.
50/50 Share SecuredSignature rate + Share/Certificate rate, divided by 2 = rate Determined by beacon score.
Payday Alternative Loan
 $200 – $1,000 flat rate of 17.95% APRfor up to 5 months
Credit Builder Loan
 $500 – $1,000 as low as 6.25%2

Deposit Account Rates


Dividend
APY*Opening BalanceCompounded/
Credited
Average Daily Balance**
Savings0.05%0.05%$5.00Quarterly$100
Free Advantage
Checking
N/AN/AN/AN/AN/A
Premier Checking0.05%0.05%NoneQuarterly$100
Preferred Checking0.05%0.05%NoneQuarterly$250
Christmas Club0.05%0.05%NoneQuarterly$100
Vacation Club0.05%0.05%NoneQuarterly$100
Youth0.05%0.05%$5.00Quarterly$100
Escrow0.05%0.05%NoneQuarterly$100
IRA Variable0.25%0.25%NoneQuarterly$100
*APY = Annual Percentage Yield
**Average Daily Balance required to earn Dividends
Rates are subject to change at any time and are not guaranteed. Rate may change after the account is open. Fees may reduce the earnings on the account. For additional information on your account please see your Membership & Account Agreement. If you have any questions or require current rate information please call the credit union at 757-886-3333.

1st Advantage Federal Credit Union – Final Thoughts

It’s a solid looking CU, no question about it. You can access your cash from there in a ton of different locations because of their vast network of surcharge-free ATMS, which is awesome. 1st Advantage Federal Credit Union has over $900 million in assets, very solid in my book.

They give back a lot to the community in a handful of different ways, which is just great to see. It’s always really important to give back. Lastly, the rates I looked at were pretty competitive between personal loans, auto, and mortgages.

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*All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.

*This site is not affiliated with the Credit Union mentioned in this article.