American 1 Credit Union

Overview / Commentary
718 E Michigan Ave
Jackson, MI 49201

American 1 Credit Union is headquartered in Jackson and is the 39th largest credit union in the state of Michigan. It is also the 654th largest credit union in the nation. It was established in 1980 and as of June of 2022, it had grown to 202 employees and 61,280 members at 17 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

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 Appears you pay 90 days of interest plus the interest on the amount withdrawn.

"The penalty we may impose will equal 90 days dividends on the amount withdrawn plus the amount of dividends earned on the amount withdrawn in excess of the amount of dividends that would have been earned at the Savings/Share account rate."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

NCUA #65595
Year Chartered1980
Primary Regulator
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD10.26%
Annual Interest Income$11.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$586.2MM$551.7MM
LoansQ2 2022vs Q2 2021$368.8MM$317.5MM
DepositsQ2 2022vs Q2 2021$486.2MM$462.7MM
Equity CapitalQ2 2022vs Q2 2021$85.8MM$76.2MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.9MM$5.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$4.8MM$2.7MM
Real Estate OwnedQ2 2022vs Q2 2021$0$91.00K

Rates for American 1 Credit Union are currently being reviewed.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.