Secured Advantage
Secured Advantage is a credit union based in Simpsonville, South Carolina, established in 1959, with $58 million in total assets serving 4,492 members. By Trust Grade it ranks 35th of 46 credit unions we track in South Carolina. Its net worth ratio of 12.4% trails most similarly sized credit unions (36th percentile), versus a South Carolina median of 13.2%. It posted a loss over the most recent period (-0.11% return on assets), a point to watch. No consumer complaints against Secured Advantage appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Secured Advantage compares to South Carolina peers
How we graded Secured Advantage
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.4% capital ratio)
- Unprofitable over the period (ROA -0.11%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Secured Advantage over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Secured Advantage insured?
Yes. Secured 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.
Secured Advantage: frequently asked questions
Is Secured Advantage a good credit union?
Secured Advantage earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (12.4% capital ratio); Unprofitable over the period (ROA -0.11%).
Is Secured Advantage NCUA-insured?
Yes. Secured 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 Secured Advantage?
Secured Advantage holds $58 million in total assets, ranking 35th of 46 credit unions we track in South Carolina. It serves 4,492 members.
Does Secured Advantage have CFPB complaints?
No CFPB complaints against Secured 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.
