From Founding to Growth: The Evolution of Advantis Credit Union

Advantis Credit Union: A History of Innovation, Growth, and Community Impact

#### Introduction

Building a reputation in the financial sector through member-centered service, innovation, and community commitment has been Advantis Credit Union’s key to success. Formed with the vision of providing approachable and personable solutions to meet financial needs, Advantis significantly grew over the years. This is the comprehensive story of Advantis Credit Union, from organization to evolution to innovation impacting members and the community at large.

#### **Founding and Early Development**

1928 — The Advantis Credit Union was established in 1928 as the “Portland Postal Credit Union,” which mainly served postal workers and their relatives. The initial idea was to offer low-cost financial services to this special group. This represented the cooperative spirit and commitment to mutual assistance.

-Initial Services: In the earlier stages, the credit union was involved with simple financial services like savings accounts and personal loans. Much attention was paid to establishing a secure, caring atmosphere for the members’ financial well-being.

#### Growth and Expansion

**Branch Network Expansion:** Over the years, Advantis Credit Union has been able to expand its network of branches from its base. The credit union has opened new branches at different locations across Oregon and has easily made its services available to more people.

– **Rebranding and Modernization:** In the 2000s, the credit union received a new look and identity that would best put it in line with its diversified services and members. The name chosen for this rebirth was Advantis Credit Union, which, according to staff, was to signify an institution with innovative ideas on financial services.

– **Diversification of Services:** Advantis diversified its services through the provision of various financial products, such as home mortgages, auto and business loans, and investment services. The change in services was made to position the credit union to meet changing member needs as it grew in size.

#### **Commitment to Innovation**

Advantis Credit Union has always been at the very forefront in the quest for adopting new technologies and innovations that place it at a higher level of service delivery to its members. These include:

– **Digital Banking Solutions:**
– **Online Banking Platform**: Advantis designed an online banking platform whereby members could easily keep track of their accounts, perform transfers, pay bills, and access tools in finance anywhere with internet connectivity. It is user-friendly and secure.
– **Mobile Banking App:** The mobile app puts account information, mobile check deposits, fund transfers, and customizable alerts directly in the hands of members. This will help increase the level of convenience for the member base, which will want to manage finances via mobile devices.

– **Personalized Services:**
**Financial Counseling:** Advantis offers individual financial counseling in such areas as budgeting, debt management, and long-term financial planning. Financial advisors will work with the member to help in customizing the financial strategies.
– **Customised Financial Products:** The credit union offers an extensive choice of tailored financial products, from loan products and investment plans, to cater to the needs of individuals and businesses.

#### **Full-Service Financial Solutions**

Advantis Credit Union offers a wide variety of products and services that can help address both personal and business needs. Among them are:

– **Personal Banking:**
– **Savings Accounts:** Advantis has multiple savings options: Traditional Savings Account, High-Yield Savings Account, Certificate of Deposit—to help members grow their savings.
– **Checking Accounts:** Several checking account options are available to members, including no-fee, interest-bearing accounts, and advanced digital features accounts.
– **Loans:** The credit union has provisions for personal loans, auto loans, and home mortgages at competitive rates and flexible terms.

– **Business Banking:**
– **Business Checking Accounts:** Designed for businesses of all sizes, these accounts feature low fees, online banking, and comprehensive account management tools.
– **Business Loans:** Financing options include term loans, lines of credit, and equipment loans to support business operations and growth.
– **Merchant Services:** Advantis offers payment processing solutions to help businesses manage transactions and improve cash flow.

**Investment Services:** Advantis Credit Union offers investment advisory services, retirement accounts, and wealth management solutions to members seeking to plan their financial future.

**Digital Banking:**
**Online Banking:** Online banking tools include a robust variety of account management, online bill pay, and transaction tracking.
**Mobile Banking App:** These features offer an excellent way to manage finances from anywhere.

#### **Community Involvement and Social Responsibility**

Advantis Credit Union remains heavily dedicated to making a positive difference within the communities it serves:

– **Charitable Contributions**: The credit union donates financially and sponsors local non-profits, educational institutions, and community organizations. These contributions help address the community’s needs and encourage regional development.

– **Employee Volunteerism:** Advantis urges its staff to take out some time for community service and volunteer work. It thus reflects the dedication of the credit union to giving back and creating a sense of community support.

– **Local Partnerships:** It collaborates with local businesses, schools, and other organizations to foster community spirit through active involvement in local initiatives.

#### **Vision for the Future**

Looking to the future, Advantis Credit Union still has the mission in view: innovative financial solutions delivered with a personal touch. The vision of the credit union includes:

– **Enhancing Services:** Offer an ongoing stream of improved and new financial products and services that better meet the changing needs of members.
– **Embracing Technology:** Embracing new technologies that enhance convenience, security, and the overall member experience while continuing to deliver personalized service.
**Strengthening Community Impact:** Increased community engagement and leadership in sponsoring initiatives that grow and support the welfare of communities.

Visit the official website of Advantis Credit Union for the most recent information regarding their services, locations, and community support activities. You will be able to get the most up-to-date information and newest developments.

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