Charter 7448 · Newport News, VA
1st Advantage Federal Credit Union
1st Advantage Federal Credit Union is a federally chartered credit union in Newport News, Virginia, with $1.09 billion in assets and 71,651 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 16.66%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $1.09 billion
- +5.4% in a year
- Members
- 71,651
- -0.0% in a year
- Net worth ratio
- 16.66%
- Peer median 10.79%
- Loans 60+ days late
- 0.45%
- Peer median 0.67%
- Loans outstanding
- $786 million
- +2.5% in a year
- Shares and deposits
- $896 million
- +3.9% in a year
- Branches
- 12
- 224 employees
- Opened
- 1951
- Federal charter
How 1st Advantage Federal Credit Union compares
NCUA groups credit unions by size; 1st Advantage Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 16.66% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.45%, is lower than the group median of 0.67%. Loans grew 2.5% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 15 of 95 credit unions headquartered in Virginia. See all Virginia credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $1.09 billion | 71,651 | $786 million | 16.66% | 0.45% |
| Q1 2026 | $1.08 billion | 71,346 | $769 million | 16.31% | 0.44% |
| Q4 2025 | $1.06 billion | 71,078 | $778 million | 16.14% | 0.67% |
| Q3 2025 | $1.05 billion | 71,966 | $789 million | 15.82% | 0.59% |
| Q2 2025 | $1.03 billion | 71,662 | $767 million | 15.54% | 0.52% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 2.3 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 12 sites for 1st Advantage Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Commons Way Branch
224 Commons Way, Williamsburg, VA 23185 - Mercury Branch
5003 Mercury Blvd, Hampton, VA 23605 - 1A Plaza, Kiln Creek Branch (main office)
110 Cybernetics Way, Yorktown, VA 23693 - Gloucester Branch
6511 George Washington Memorial Hwy, Gloucester, VA 23061 - Sentara Branch
400 Sentara Cir Ste 102, Williamsburg, VA 23188 - Denbigh Branch
12891 Jefferson Ave, Newport News, VA 23608 - McGuire Branch
1204 Broad Rock Blvd, Richmond, VA 23224 - New Town Branch
4800 Courthouse St, Williamsburg, VA 23188 - Hidenwood Branch
12368 Warwick Blvd, Newport News, VA 23606 - Town Center Branch
2014 Coliseum Dr, Hampton, VA 23666 - Grafton Branch
6035 George Washington Mem Hwy, Yorktown, VA 23692 - Virginia Beach Kemps River Branch
5386 Kempsriver Dr Ste 104, Virginia Beach, VA 23464
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology