Omni Community Credit Union

3141 Capital Ave SW
Battle Creek, MI 49016
(269) 441-1400
www.omnicommunitycu.org

NCUA

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Omni Community Credit Union is headquartered in Battle Creek and is the 35^th largest credit union in the state of Michigan. It is also the 675^th largest credit union in the nation. It was established in 1952 and as of December of 2012, it had grown to 84 employees and 33,554 members. Omni Community Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

5.50% 3-Month CD at a Michigan CU (Omni Community) - 10/19/2007

Omni Community Credit Union is offering a special 3-month certificate with a yield of 5.50% APY.Membership is available to anyone who lives, works, worships or attends school in one of the following Michigan counties: Barry, Branch, Calhoun, Eaton...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Omni Community Credit Union Checking Account Rates

Apy	Min	Max	Product
0.20%	$50k	-	Smart Checking Account
0.15%	$15k	-	Business Checking Account

Omni Community Credit Union Savings Account Rates

Apy	Min	Max	Product
0.75%	-	-	Regular IRA Savings Account
0.75%	-	-	Roth IRA Savings Account
0.75%	-	-	Coverdell Education Savings Account
0.20%	$50k	-	Smart Savings Account
0.15%	$10k	-	Regular Savings Account
0.10%	-	-	Christmas Club Account

Omni Community Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$200k	-	Money Market Account

Omni Community Credit Union CD Rates

Apy	Min	Max	Product
1.75%	$100k	-	5 Year Jumbo CD
1.50%	$1k	$100k	5 Year CD
1.50%	$100k	-	4 Year Jumbo CD
1.25%	$1k	$100k	4 Year CD
1.25%	$100k	-	3 Year Jumbo CD
1.00%	$1k	$100k	3 Year CD
0.85%	$100k	$100k	2 Year Jumbo CD
0.75%	$100k	-	1 Year Jumbo CD
0.60%	$1k	$100k	2 Year CD
0.60%	$100k	-	6 Month Jumbo CD
0.50%	$1k	$100k	1 Year CD
0.35%	$1k	$100k	6 Month CD

Omni Community Credit Union IRA Rates

Apy	Min	Max	Product
1.75%	$100k	-	5 Year Jumbo IRA CD
1.75%	$100k	-	5 Year Jumbo Roth IRA CD
1.75%	$100k	-	5 Year Jumbo Coverdell ESA CD
1.50%	$100k	-	4 Year Jumbo IRA CD
1.50%	$1k	$100k	5 Year IRA CD
1.50%	$100k	-	4 Year Jumbo Roth IRA CD
1.50%	$1k	$100k	5 Year Roth IRA CD
1.50%	$100k	-	4 Year Jumbo Coverdell ESA CD
1.50%	$1k	$100k	5 Year Coverdell ESA CD
1.25%	$100k	-	3 Year Jumbo IRA CD
1.25%	$1k	$100k	4 Year IRA CD
1.25%	$100k	-	3 Year Jumbo Roth IRA CD
1.25%	$1k	$100k	4 Year Roth IRA CD
1.25%	$100k	-	3 Year Jumbo Coverdell ESA CD
1.25%	$1k	$100k	4 Year Coverdell ESA CD
1.00%	$1k	$100k	3 Year IRA CD
1.00%	$1k	$100k	3 Year Roth IRA CD
1.00%	$1k	$100k	3 Year Coverdell ESA CD
0.85%	$100k	-	2 Year Jumbo IRA CD
0.85%	$100k	-	2 Year Jumbo Roth IRA CD
0.85%	$100k	-	2 Year Jumbo Coverdell ESA CD
0.75%	$100k	-	1 Year Jumbo IRA CD
0.75%	$100k	-	1 Year Jumbo Roth IRA CD
0.75%	$100k	-	1 Year Jumbo Coverdell ESA CD
0.60%	$1k	$100k	2 Year IRA CD
0.60%	$1k	$100k	2 Year Roth IRA CD
0.60%	$1k	$100k	2 Year Coverdell ESA CD
0.50%	$1k	$100k	1 Year IRA CD
0.50%	$1k	$100k	1 Year Roth IRA CD
0.50%	$1k	$100k	1 Year Coverdell ESA CD

Rates updated: 5/18/2013

Data for Q4 2012

Institution Statistics

OMNI COMMUNITY
NCUA #	60105
BankRate Report	View
Year Chartered	1952
Employees	84
Primary Regulator
Assets and Liabilities
Assets	$292.18 million
Loans	$136.29 million
Deposits	$247.98 million
Equity Capital	$39.20 million
Loan Loss Allowance	$1.24 million
Unbacked Noncurrent Loans	$963,000
Real Estate Owned	$588,000
Historic Data - December 2011
Assets	$273.46 million
Equity Capital	$36.36 million
Loan Loss Allowance	$1.48 million
Unbacked Noncurrent Loans	$1.51 million
Real Estate Owned	$638,000
Profit Margin - Quarterly
Net Interest Margin	6.16%
Return on Assets	0.75%
Return on Equity	5.58%
Interest Income	$10.77 million
Non-Interest Income	$6.07 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Omni Community Credit Union had $1.55 million in non-current loans and owned real-estate with $40.44 million in equity and loan loss allowances on hand to cover it. This gives Omni Community Credit Union a Texas Ratio of 3.84% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Omni Community Credit Union decreased slightly from 5.67% as of December 31, 2011 to 3.84% as of December 31, 2012, resulting in a positive change of 32.40%.This indicates that the balance sheet and financial strength for Omni Community Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Omni Community Credit Union has increased its total deposits by $15.97 million, resulting in 6.88% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Omni Community Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Omni Community Credit Union has $292.18 million in assets with $40.44 million in equity, resulting in a capitalization level of 13.84%, which is excellent.