Featured Savings Rates
Featured Accounts

Allegan Community Federal Credit Union

Popular Accounts at this Credit Union

0.14%SavingsDiamond Account
0.10%SavingsRegular Shares
0.20%Money MarketMoney Market Account

Overview / Commentary
755 Grand St
Allegan, MI 49010-8027

Allegan Community Federal Credit Union is headquartered in Allegan and is the 164th largest credit union in the state of Michigan. It is also the 2,790th largest credit union in the nation. It was established in 1945 and as of June of 2016, it had grown to 16 employees and 6,094 members at 1 location. Allegan Community Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, worship or work in Allegan County in Michigan.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Allegan Community Federal Credit Union has a low asset base.

Health Grade Components

NCUA #5185
Year Chartered1945
Primary Regulator
Profit Margin
Return on Assets - YTD0.23%
Return on Equity - YTD1.99%
Annual Interest Income$468.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$33.1MM$30.9MM
LoansQ2 2016vs Q2 2015$15.5MM$14.2MM
DepositsQ2 2016vs Q2 2015$28.7MM$26.9MM
Equity CapitalQ2 2016vs Q2 2015$3.9MM$3.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$94.00K$122.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$226.00K$146.00K
Real Estate OwnedQ2 2016vs Q2 2015$39.00K$70.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Allegan Community Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Allegan Community Federal Credit Union Savings Account Rates

0.20%--IRA Share Account
0.14%$3k-Diamond Account
0.10%$100-Regular Shares
0.10%$100-Vacation Account
0.10%$100-Christmas Club

Allegan Community Federal Credit Union Money Market Rates

0.20%*$50k*-Money Market Account
OTHER TIERS: 0.16% $7,500 - $25k | 0.18% $25k - $50k

Allegan Community Federal Credit Union Locations
Branch Office755 Grand StAllegan, MI 49010-8027