Awakon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.30% | 1-year CD | 12 Month CD |
| 0.18% | Savings | Sub Share Account |
| 0.65% | 3-year CD | 36 Month CD 2.35% - Synchrony Bank 36 Month CD |
Awakon Federal Credit Union is headquartered in Onaway and is the 101st largest credit union in the state of Michigan. It is also the 1,570th largest credit union in the nation. It was established in 1951 and as of December of 2017, it had grown to 40 employees and 12,367 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 Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7465 |
| Year Chartered | 1951 |
| Employees | 40 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 8.62% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $102.8MM$99.0MM |
| Loans | Q4 2017vs Q4 2016 | $69.0MM$63.3MM |
| Deposits | Q4 2017vs Q4 2016 | $91.0MM$88.2MM |
| Equity Capital | Q4 2017vs Q4 2016 | $10.6MM$9.7MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $380.00K$308.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $986.00K$713.00K |
| Real Estate Owned | Q4 2017vs Q4 2016 | $100.00K$110.00K |
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 | 6272 M-68 Hwy | Indian River, MI 49749 |
| 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 |