Blue Water Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.50%	1-year CD	1 Year Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.15%	Savings	Special Account 1.00% - Ally Bank Online Savings Account
0.75%	3-year CD	3 Year Share Certificate 1.55% - Ally Bank High Yield 3 Year CD

View all Blue Water Federal Credit Union rates »

Overview / Commentary

bluewaterfcu.com

810-985-6993

526 WATER ST RM 113
PORT HURON, MI 48060-5463

Blue Water Federal Credit Union is headquartered in PORT HURON and is the 212^th largest credit union in the state of Michigan. It is also the 3,923^rd largest credit union in the nation. It was established in 1959 and as of June of 2016, it had grown to 3 employees and 1,403 members at 3 locations. Blue Water Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to postal and federal employees in Huron, St. Clair, Tuscola and Sanilac Counties in Michigan and in the towns of Memphis, Armada, New Baltimore, Mount Clemens, Richmond, New Haven, and Saint Clair Shores in Macomb County and the towns of Clifford, Imlay City and Lapeer in Lapeer County.
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Health

B

Data as of Q2 2016

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Blue Water Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	12906
Year Chartered	1959
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.17%
Return on Equity - YTD	0.96%
Annual Interest Income	$206.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$13.4MM$13.6MM
Loans	Q2 2016vs Q2 2015	$8.8MM$8.2MM
Deposits	Q2 2016vs Q2 2015	$10.7MM$11.0MM
Equity Capital	Q2 2016vs Q2 2015	$2.5MM$2.5MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$33.00K$38.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$7.00K$8.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Money Market
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IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Blue Water Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	-	IRA Regular Savings
0.15%^*	$200^*	-	Regular Share Savings Account
OTHER TIERS: 0.10% → Up to $200
0.15%^*	$200^*	-	Special Account
OTHER TIERS: 0.10% → Up to $200
0.15%	-	-	Holiday Savings Account

Blue Water Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$2,500	-	Money Management Account

Blue Water Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$2,500	-	3 Year Share Certificate
0.50%	$5k	-	1 Year Share Certificate
0.35%	$10k	-	6 Month Share Certificate

Blue Water Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$2,500	-	3 Year IRA Certificate
0.50%	$5k	-	1 Year IRA Certificate
0.35%	$10k	-	6 Month IRA Certificate

Locations

Blue Water Federal Credit Union Locations
Branch Office	526 WATER ST RM 113	PORT HURON, MI 48060-5463
Branch Office	3910 Lapeer Rd	Port Huron, MI 48060-2402
Branch Office	3031 Airpark Dr N	Flint, MI 48507-3471