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P.O. Box 125
Saint Joseph, MI 49085

United Federal Credit Union is headquartered in Saint Joseph and is the 4th largest credit union in the state of Michigan. It is also the 108th largest credit union in the nation. It was established in 1949 and as of December of 2013, it had grown to 430 employees and 122,595 members. United Federal Credit Union has a A health rating.

Field of Membership Restrictions

We can offer membership to anyone who lives, works, worships, or volunteers in any of the 6 states where we have branch locations, plus some areas of neighboring states: Michigan; Arkansas; Nevada; North Carolina; Ohio; Indiana and Eastern Oklahoma. If you live elsewhere, you may still qualify for membership if you are an immediate family member* of a current UFCU member or work for a company that is affiliated with the credit union. See site for listing of companies. - See Details

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Data for Q4 2013

Institution Health


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, 2013 United Federal Credit Union had $9.47 million in non-current loans and owned real-estate with $187.21 million in equity and loan loss allowances on hand to cover it. This gives United Federal Credit Union a Texas Ratio of 5.06% 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 United Federal Credit Union decreased slightly from 6.43% as of December 31, 2012 to 5.06% as of December 31, 2013, resulting in a positive change of 21.37%.This indicates that the balance sheet and financial strength for United Federal Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, United Federal Credit Union has increased its total deposits by $5.82 million, resulting in 0.48% 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 United Federal Credit Union has shown is above average.



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. United Federal Credit Union has $1.64 billion in assets with $187.21 million in equity, resulting in a capitalization level of 11.39%, which is excellent.

Institution Statistics

NCUA #6288
Year Chartered1949
Primary Regulator
Assets and Liabilities
Assets$1.64 billion
Loans$1.34 billion
Deposits$1.22 billion
Equity Capital$171.99 million
Loan Loss Allowance$15.23 million
Unbacked Noncurrent Loans$8.37 million
Real Estate Owned$1.10 million
Historic Data - December 2012
Assets$1.52 billion
Equity Capital$162.83 million
Loan Loss Allowance$13.96 million
Unbacked Noncurrent Loans$8.37 million
Real Estate Owned$1.95 million
Profit Margin - Quarterly
Net Interest Margin4.62%
Return on Assets0.82%
Return on Equity7.8%
Interest Income$75.28 million

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United Federal Credit Union Savings Account Rates

0.15%$25k-Health Savings Account
0.10%--Achiever Savings
0.05%--Youth Savings
0.05%--Holiday Club
0.05%$300-Membership Savings
0.05%$300-Business Membership Savings

United Federal Credit Union Money Market Rates

0.35%$350k-Member's Advantage Money Market
0.35%$350k-Business Member's Advantage Money Market
0.15%$25k-IRA Money Market Account

United Federal Credit Union Checking Account Rates

1.25%-$25kInterest Plus Checking
0.15%$100k-Platinum Plus Checking
0.15%$100k-Business Growth Checking
0.05%--Interest Plus Checking

United Federal Credit Union CD Rates

1.45%$500-46 Month Spring Certificate Special
1.25%$100k-60 Month Premier CD
1.05%$100k-48 - 59 Month Premier CD
1.00%$500-60 Month Share CD
0.90%$100k-36 - 47 Month Premier CD
0.80%$500-48 - 59 Month Share CD
0.70%$100k-24 - 35 Month Premier CD
0.70%$500-25 Month Spring Certificate Special
0.65%$500-36 - 47 Month Share CD
0.60%$100k-18 - 23 Month Premier CD
0.50%$100k-12 - 17 Month Premier CD
0.45%$500-24 - 35 Month Share CD
0.35%$100k-3 - 5 Month Premier CD
0.35%$100k-6 - 11 Month Premier CD
0.35%$500-18 - 23 Month Share CD
0.25%$500-12 - 17 Month Share CD
0.25%$500-12 Month Young Investor Certificate
0.10%$500-3 - 5 Month Share CD
0.10%$500-6 - 11 Month Share CD
0.10%$500-3 - 5 Month Young Investor Certificate
0.10%$500-6 - 11 Month Young Investor Certificate

United Federal Credit Union IRA Rates

1.45%$500-46 Month Spring IRA Certificate Special (Traditional,Roth,CESA)
1.25%$100k-60 Month Premier IRA (Traditional,Roth,CESA)
1.05%$100k-48 - 59 Month Premier IRA (Traditional,Roth,CESA)
1.00%$500-60 Month IRA (Traditional,Roth,CESA)
0.90%$100k-36 - 47 Month Premier IRA (Traditional,Roth,CESA)
0.80%$500-48 - 59 Month IRA (Traditional,Roth,CESA)
0.70%$100k-24 - 35 Month Premier IRA (Traditional,Roth,CESA)
0.70%$500-25 Month Spring IRA Certificate Special (Traditional,Roth,CESA)
0.65%$500-36 - 47 Month IRA (Traditional,Roth,CESA)
0.60%$100k-18 - 23 Month Premier IRA (Traditional,Roth,CESA)
0.50%$100k-12 - 17 Month Premier IRA (Traditional,Roth,CESA)
0.45%$500-24 - 35 Month IRA (Traditional,Roth,CESA)
0.35%$100k-3 - 5 Month Premier IRA (Traditional,Roth,CESA)
0.35%$100k-6 - 11 Month Premier IRA (Traditional,Roth,CESA)
0.35%$500-18 - 23 Month IRA (Traditional,Roth,CESA)
0.25%$500-12 - 17 Month IRA (Traditional,Roth,CESA)
0.10%$500-3 - 5 Month IRA (Traditional,Roth,CESA)
0.10%$500-6 - 11 Month IRA (Traditional,Roth,CESA)

United Federal Credit Union has 23 locations. Click to view all United Federal Credit Union locations.