Best Financial Credit Union is headquartered in Muskegon and is the 96th largest credit union in the state of Michigan. It is also the 1,540th largest credit union in the nation. It was established in 1955 and as of December of 2024, it had grown to 43 employees and 13,495 members at 2 locations. Best Financial Credit Union's money market rates are 4X the national average, and it has an A health rating.
Best Financial Credit Union is open to anyone who lives, works, worships, or attends school in the Michigan counties of Kent, Muskegon, Newaygo, Oceana, or Ottawa.
See current membership details
Overall | |
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NCUA # | 62027 |
Year Chartered | 1955 |
Employees | 43 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.12% |
Return on Equity - YTD | 0.75% |
Annual Interest Income | $6.3MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $138.7MM$139MM |
Loans | Q4 2024vs Q4 2023 | $103.9MM$99.9MM |
Deposits | Q4 2024vs Q4 2023 | $115.1MM$115.8MM |
Equity Capital | Q4 2024vs Q4 2023 | $22.7MM$22.6MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $876K$855K |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $701K$653K |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.60%* | $250k* | - | Easy Access Money Market | ||
OTHER TIERS: 0.15% → $1.2k - $2.5k | 1.20% → $2.5k - $25k | 1.40% → $25k - $50k | 1.50% → $50k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
5.00% | $0 | $10k | Kasasa Cash |
Best Financial Credit Union Locations | ||
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Main Office | 1888 E Sherman Blvd | Muskegon, MI 49444-1822 |
Branch Office | 612 W Savidge St | Spring Lake, MI 49456 |