Alpena Alcona Area Credit Union is headquartered in Alpena and is the 43rd largest credit union in the state of Michigan. It is also the 706th largest credit union in the nation. It was established in 1953 and as of December of 2020, it had grown to 76 employees and 30,767 members at 10 locations. Alpena Alcona Area Credit Union has an A+ health rating.
Membership in Alpena Alcona Area Credit Union is open to anyone who lives, works, attends school or worships in the state of Michigan.
See current membership details
I absolutely love my bank and everyone who works there. They are so friendly and remember your face. Whenever I go into the bank they know me by my first name. I love how personal they make my banking experience. I have been able to get two loans from my bank. One for personal use and the other for a home repair. Each time my experience has been amazing. I was shown all options before they recommended me to a personal loan. I did not want to do a personal loan but at the time to get my credit back on track it was the best option. Also I am very happy that my bank is only two minutes from me. There are i believe four other banks that are relatively close but I will not change my bank. I am happy with everything about my bank. They are understanding to their customers needs and I will stay right with my bank.
This bank is amazing! Always very friendly associates and never a long wait time on the phone. They know me by name and my parents. This is a small town bank and I love the vibe. I have never had an issue that has went unresolved. They are a caring bank with many friendly faces. They always greet you with a friendly smile. Always are willing to sit down and help you. I have a checking a savings and a loan through them. When we needed financial help they were there to guide us. The loan dept is stellar. I love this bank and all the ladies that work here. Never have to wait much time inside. The wait for the outside can get a little ridiculous but I think that is due to wanting to give a personal experience every time through the drive thru.
Overall | |
---|---|
NCUA # | 62035 |
Year Chartered | 1953 |
Employees | 76 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.68% |
Return on Equity - YTD | 13.98% |
Annual Interest Income | $14.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $451.0MM$371.3MM |
Loans | Q4 2020vs Q4 2019 | $259.0MM$234.4MM |
Deposits | Q4 2020vs Q4 2019 | $394.6MM$322.0MM |
Equity Capital | Q4 2020vs Q4 2019 | $52.9MM$45.5MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.5MM$1.5MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.1MM$1.4MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $58.00K$33.00K |
Always verify rates and promotions with the bank or credit union. We are not Alpena Alcona Area 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $100k* | - | Money Market | ||
OTHER TIERS: 0.25% → $2k - $100k |
Alpena Branches | ||
---|---|---|
Branch Office | 1013 US Highway 23 N | Alpena, MI 49707-1249 |
Branch Office | 1100 S Bagley St | Alpena, MI 49707-8104 |
Branch Office | 3303 S 3rd Ave | Alpena, MI 49707 |
Atlanta Branches | ||
---|---|---|
Branch Office | 12285 Jerome St | Atlanta, MI 49709-9369 |
Lincoln Branches | ||
---|---|---|
Branch Office | 111 S Church St | Lincoln, MI 48742 |
Branch Office | 51 N Barlow Road | Lincoln, MI 48742 |
Oscoda Branches | ||
---|---|---|
Branch Office | 103 S State St | Oscoda, MI 48750-1632 |
Branch Office | 3550 E River Rd | Oscoda, MI 48750 |
Ossineke Branches | ||
---|---|---|
Branch Office | 11610 US Highway 23 S | Ossineke, MI 49766-9586 |
Tawas City Branches | ||
---|---|---|
Branch Office | 118 W M 55 | Tawas City, MI 48763-9251 |