Awakon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.30% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.18% | Savings | 2.00% - Ally Bank Online Savings Account |
| 0.65% | 3-year CD | 2.85% - Synchrony Bank 36 Month CD |
Awakon Federal Credit Union is headquartered in Onaway and is the 96th largest credit union in the state of Michigan. It is also the 1,559th largest credit union in the nation. It was established in 1951 and as of September of 2018, it had grown to 39 employees and 12,609 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 Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7465 |
| Year Chartered | 1951 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 9.22% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $107.3MM$105.7MM |
| Loans | Q3 2018vs Q3 2017 | $70.6MM$68.1MM |
| Deposits | Q3 2018vs Q3 2017 | $94.4MM$93.6MM |
| Equity Capital | Q3 2018vs Q3 2017 | $11.3MM$10.4MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $453.00K$346.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.5MM$822.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $90.00K$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 | ||
| OTHER TIERS: 0.10% → $2.5k - $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 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 |