In 1997, members of the UAW Local 1853 agreed to help sponsor the credit union with the goal of creating a more beneficial and sensible solution to meet the financial needs of the membership. Because of their hard work and initial investment, the credit union continued to thrive. In 2005, The Credit Union Charter was changed to a community charter serving anyone living, working, worshipping or attending school in Williamson or Maury Counties.
Family Advantage Federal Credit Union has two locations. The Spring Hill (main) branch is located in the heart of Spring Hill and less than two miles from the General Motors Manufacturing Facility. The Spring Hill branch is located at 100 Stephen P. Yokich Parkway, Spring Hill, TN 37174. Our second location is in the historic disctrict in Columbia. The Columbia branch is located at 615 West 7th Street, Columbia, TN 38401.
The Family Advantage Federal Credit Union is federally insured by the National Credit Union Administration (NCUA), an agency of the United States Government.
The board of directors is elected by the membership. Board members serve on a voluntary basis and receive no compensation for their services. The board of directors are responsible for writing policies, setting rates and establishing services for the betterment of the membership. The board of directors delegates the day to day operations, responsibilities and procedures to the Credit Union management team.
The supervisory committee is charged with monitoring the overall operation of the Credit Union. It ensures the highest degree of safety and soundness and guarantees that the best interest of the total membership is sustained.