Alpena Alcona Area Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.03% | 5-year CD | |
| 0.50% | 1-year CD | |
| 0.15% | Savings | 2.20% - Barclays Online Savings Account |
Alpena Alcona Area Credit Union is headquartered in Alpena and is the 44th largest credit union in the state of Michigan. It is also the 741st largest credit union in the nation. It was established in 1953 and as of December of 2018, it had grown to 78 employees and 28,701 members at 8 locations. Alpena Alcona Area Credit Union's money market rates are 70% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Alpena-Alcona Area CU is open to anyone who resides, holds employment, attends church, or is a registered student in the county of Iosco, has a family member who is a current AAA CU member, works for one of the on-site listed SEG's, is a member of one of the on-site listed organizations that is recognized as a CU-affiliate, or meets one of the other forms of FOM requirements.
See current membership details
Related Posts
My Bank
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.
Great 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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62035 |
| Year Chartered | 1953 |
| Employees | 78 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.28% |
| Return on Equity - YTD | 11% |
| Annual Interest Income | $11.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $340.7MM$332.0MM |
| Loans | Q4 2018vs Q4 2017 | $202.0MM$178.8MM |
| Deposits | Q4 2018vs Q4 2017 | $298.4MM$293.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $39.9MM$35.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.5MM$1.1MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $2.0MM$2.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $49.00K$167.00K |
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.
Alpena Alcona Area Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | - | - | Health Savings Account | |
| 1.00% | - | - | Traditional IRA | |
| 1.00% | - | - | Roth IRA | |
| 1.00% | - | - | Educational IRA | |
| 0.20% | - | - | Preferred Share | |
| 0.15% | $5 | - | Regular Share | |
| 0.15% | - | - | Vacation Club | |
| 0.15% | - | - | Christmas Club |
Alpena Alcona Area Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $100k* | - | Money Market | ||
| OTHER TIERS: 0.65% → $2k - $100k | |||||
Alpena Alcona Area Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.03% | $500 | - | 5 Year CD | |
| 3.03% | $100 | - | 5 Year Youth CD | |
| 2.27% | $500 | - | 4 Year CD | |
| 2.27% | $100 | - | 4 Year Youth CD | |
| 1.51% | $500 | - | 3 Year CD | |
| 1.51% | $100 | - | 3 Year Youth CD | |
| 1.26% | $500 | - | 2 Year CD | |
| 1.26% | $100 | - | 2 Year Youth CD | |
| 1.00% | $500 | - | 18 Month CD | |
| 1.00% | $100 | - | 18 Month Youth CD | |
| 0.75% | $500 | - | 12 Month CD | |
| 0.75% | $100 | - | 12 Month Youth CD | |
| 0.50% | $500 | - | 180 Day CD | |
| 0.50% | $100 | - | 180 Day Youth CD | |
| 0.50% | $25 | - | 12 Month Save to Win CD | |
| 0.25% | $500 | - | 90 Day CD | |
| 0.25% | $100 | - | 90 Day Youth CD |
| Alpena Alcona Area Credit Union Locations | ||
|---|---|---|
| Branch Office | 111 S Church St | Lincoln, MI 48742 |
| Branch Office | 1013 US Highway 23 N | Alpena, MI 49707-1249 |
| Branch Office | 12285 Jerome St | Atlanta, MI 49709-9369 |
| Branch Office | 118 W M 55 | Tawas City, MI 48763-9251 |
| Branch Office | 11610 US Highway 23 S | Ossineke, MI 49766-9586 |
| Branch Office | 1100 S Bagley St | Alpena, MI 49707-8104 |
| Branch Office | 103 S State St | Oscoda, MI 48750-1632 |
| Branch Office | 51 N Barlow Road | Lincoln, MI 48742 |