American 1 Credit Union


Overview / Commentary
517-787-6510
718 E Michigan Ave
Jackson, MI 49201

American 1 Credit Union is headquartered in Jackson and is the 40th largest credit union in the state of Michigan. It is also the 661st largest credit union in the nation. It was established in 1980 and as of March of 2020, it had grown to 203 employees and 57,984 members at 18 locations. American 1 Credit Union has an A health rating.

Field of Membership Restrictions

American 1 Credit Union is open to anyone through joining the Community 1 Cooperative ($3 membership fee). Membership is also to those who live in the Michigan counties of Calhoun, Hillsdale, Jackson, Lenawee, Washtenaw, or Wayne.
See current membership details

Related Posts

American 1 Credit Union 5-Year IRA CD Is A Rate Leader - 5/21/2020

American 1 Credit Union's nationally available 5-year IRA CD currently earns 2.27% APY ($50 minimum), with the 5-year CD earning 2.00% APY ($500 minimum).

American 1 Credit Union Offers Competitive 2-Year and 3-Year CDs - 10/31/2019

American 1 Credit Union has two competitive, nationally available CDs: 2-year (2.50% APY) and 3-year (2.75% APY) Minimum deposit is $500, with no stated balance cap.

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Reviews (3)

New Member Of American 1 Credit Union

Posted by: |

I’m a new member of American 1 Credit Union, and I opened an IRA with a long term CD.
Tracey Olson (E Service Specialist) did a great job of getting my account set up and my funds transferred from another CU.

Great Customer Service

Posted by: |

I’m a new member of American 1 Credit Union and Byron Rose who helped setup my membership and open a CD was so helpful. He went above and beyond for me. Unfortunately their rates have dropped significantly since I opened the CD but nonetheless Bryan’s customer service was excellent.

Odd EWP On Cds

Posted by: |

Wording from the web site on EWP. Appears you pay 90 days of interest plus the interest on the amount withdrawn.

"The penalty we may impose will equal 90 days dividends on the amount withdrawn plus the amount of dividends earned on the amount withdrawn in excess of the amount of dividends that would have been earned at the Savings/Share account rate."



Health

Health Grade Components

Overall
NCUA #65595
Year Chartered1980
Employees203
Primary Regulator
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD6.65%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$439.7MM$390.4MM
LoansQ1 2020vs Q1 2019$295.5MM$265.3MM
DepositsQ1 2020vs Q1 2019$361.2MM$312.4MM
Equity CapitalQ1 2020vs Q1 2019$72.4MM$67.7MM
Loan Loss AllowanceQ1 2020vs Q1 2019$5.7MM$4.3MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$5.4MM$4.6MM
Real Estate OwnedQ1 2020vs Q1 2019$91.00K$91.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not American 1 Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

American 1 Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Eagle Earners Account
0.15%$5-Regular Share Savings
0.15%--Members Choice Account
0.15%--Christmas Club
0.15%--Vacation Club
0.15%--True Savings

American 1 Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$5k-Money Market Account

American 1 Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$2k-Premiere Checking

American 1 Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-5 Year CD
0.75%$500-4 Year CD
0.50%$500-3 Year CD
0.40%$500-2 Year CD
0.25%$500-1 Year CD
0.10%$500-180 Day CD

American 1 Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$50-5 Year IRA
1.00%$50-4 Year IRA
0.75%$50-3 Year IRA
0.50%$50-2 Year IRA
0.25%$50-180 Day IRA
0.25%$50-1 Year IRA
Locations

Availability



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