Awakon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.30% | 1-year CD | 12 Month CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.18% | Savings | Sub Share Account 1.00% - Ally Bank Online Savings Account |
| 0.65% | 3-year CD | 36 Month CD 1.55% - Ally Bank High Yield 3 Year CD |
Awakon Federal Credit Union is headquartered in Onaway and is the 104th largest credit union in the state of Michigan. It is also the 1,604th largest credit union in the nation. It was established in 1951 and as of June of 2016, it had grown to 38 employees and 11,911 members at 6 locations. Awakon Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school in, or own a business located in Presque Isle, Cheboygan, Montmorency, Otsego, Alpena, Emmet, Charlevoix, and Antrim Counties of Michigan.
See current membership details
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7465 |
| Year Chartered | 1951 |
| Employees | 38 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.24% |
| Return on Equity - YTD | 2.51% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $97.2MM$89.5MM |
| Loans | Q2 2016vs Q2 2015 | $59.2MM$49.0MM |
| Deposits | Q2 2016vs Q2 2015 | $86.7MM$79.4MM |
| Equity Capital | Q2 2016vs Q2 2015 | $9.4MM$9.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $258.00K$226.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $513.00K$415.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $529.00K$822.00K |
Always verify rates and promotions with the bank or credit union. We are not Awakon 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.
Awakon Federal Credit Union Savings Account Rates
Awakon Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → $2,500 - $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | |||||
Awakon Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | $1k | - | 36 Month CD | |
| 0.50% | $1k | - | 24 Month CD | |
| 0.30% | $1k | - | 12 Month CD | |
| 0.20% | $1k | - | 6 Month CD | |
| 0.10% | $1k | - | 3 Month CD |
Awakon Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | $1k | - | 36 Month IRA | |
| 0.50% | $1k | - | 24 Month IRA | |
| 0.30% | $1k | - | 12 Month IRA | |
| 0.20% | $1k | - | 6 Month IRA | |
| 0.10% | $1k | - | 3 Month IRA |
| Awakon Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 20855 Washington Ave | Onaway, MI 49765 |
| Branch Office | 3615 S Straits Hwy | Indian River, MI 49749-5136 |
| Branch Office | 279 S Bradley Hwy | Rogers City, MI 49779-2137 |
| Branch Office | 12842 S Straits Hwy | Wolverine, MI 49799-9500 |
| Branch Office | 6272 M 68 Hwy | Indian River, MI 49749 |
| Branch Office | 1496 W Main St | Gaylord, MI 49735-7461 |