Best Financial Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.50% | Reward Checking | Kasasa Cash 1.75% - National Average |
| 0.50% | Reward Savings | Kasasa Saver 0.77% - National Average |
| 1.76% | 5-year CD | 60 Month Share Certificate 1.85% - Synchrony Bank 60 Month CD |
Best Financial Credit Union is headquartered in Muskegon and is the 115th largest credit union in the state of Michigan. It is also the 1,789th largest credit union in the nation. It was established in 1955 and as of June of 2016, it had grown to 36 employees and 11,349 members at 3 locations. Best Financial Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Muskegon, Newaygo, Kent, Oceana or Ottawa Counties in Michigan.
See current membership details
Issues All The Time
Bank that is too strict and often not friendly. My mother tried depositing cash into my checking account and was denied because her name was not on account. She didn't ask for info or Truro withdraw money. She had account number and just wanted to deposit. Also, several checks were denied cashing because they said the check was "altered". If the check is made out with more than one ink color they will refuse to cash it..so you better pray your pen don't die in the middle of writing the check. Too many times the staff have denied easy banking services and made transactions difficult!!!!
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62027 |
| Year Chartered | 1955 |
| Employees | 36 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 4.26% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $81.0MM$79.3MM |
| Loans | Q2 2016vs Q2 2015 | $40.0MM$38.9MM |
| Deposits | Q2 2016vs Q2 2015 | $63.4MM$62.7MM |
| Equity Capital | Q2 2016vs Q2 2015 | $17.2MM$16.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $218.00K$313.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $111.00K$177.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $30.00K$49.00K |
Always verify rates and promotions with the bank or credit union. We are not Best Financial 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.
Best Financial Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65% | - | - | IRA Savings | ||
| 0.65% | - | - | Roth IRA Savings | ||
| 0.65% | - | - | Educational IRA Savings | ||
| 0.50%* | - | $10k | Kasasa Saver | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
| 0.25% | $100 | - | Christmas Club | ||
| 0.25% | $100 | - | Any Reason for All Seasons | ||
| 0.15% | $100 | - | Share Savings | ||
| 0.15% | $100 | - | Association Savings | ||
| 0.15% | $100 | - | Member Choice Account | ||
| 0.15% | - | - | Youth Account | ||
Best Financial Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $25k* | - | Easy Access Money Market | ||
| OTHER TIERS: 0.25% → $2,500 - $7,500 | 0.30% → $7,500 - $25k | |||||
Best Financial Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.50%* | - | $10k | Kasasa Cash | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
Best Financial Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.76% | $500 | - | 60 Month Share Certificate | |
| 1.51% | $500 | - | 48 Month Share Certificate | |
| 1.26% | $500 | - | 36 Month Share Certificate | |
| 1.00% | $100 | $2,500 | 12 Month Super Kids Share Certificate | |
| 0.90% | $500 | - | 24 Month Share Certificate | |
| 0.55% | $500 | - | 12 Month Share Certificate | |
| 0.40% | $500 | - | 6 Month Share Certificate |
Best Financial Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.76% | $500 | - | 60 Month IRA Certificate | |
| 1.51% | $500 | - | 48 Month IRA Certificate | |
| 1.26% | $500 | - | 36 Month IRA Certificate | |
| 0.45% | $500 | - | 24 Month IRA Certificate | |
| 0.40% | $500 | - | 12 Month IRA Certificate | |
| 0.30% | $500 | - | 6 Month IRA Certificate |
| Best Financial Credit Union Locations | ||
|---|---|---|
| Main Office | 1888 E Sherman Blvd | Muskegon, MI 49444-1822 |
| Branch Office | 1150 Amity Ave | Muskegon, MI 49442 |
| Branch Office | 1122 S Getty St | Muskegon, MI 49442 |