Health Advantage
Health Advantage is a credit union based in Saginaw, Michigan, established in 1970, with $179 million in total assets serving 10,639 members. By Trust Grade it ranks 58th of 170 credit unions we track in Michigan. Its net worth ratio of 13.1% is stronger than 73% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.80% return on assets. No consumer complaints against Health Advantage appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Health Advantage compares to Michigan peers
How we graded Health Advantage
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.1% capital ratio)
- Profitable (ROA 0.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Health Advantage over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Health Advantage insured?
Yes. Health Advantage is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Health Advantage: frequently asked questions
Is Health Advantage a good credit union?
Health Advantage earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (13.1% capital ratio); Profitable (ROA 0.80%).
Is Health Advantage NCUA-insured?
Yes. Health Advantage is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Health Advantage?
Health Advantage holds $179 million in total assets, ranking 58th of 170 credit unions we track in Michigan. It serves 10,639 members.
Does Health Advantage have CFPB complaints?
No CFPB complaints against Health Advantage appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
