Blue Water Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

bluewaterfcu.com

810-985-6993

526 WATER ST RM 113
PORT HURON, MI 48060

Blue Water Federal Credit Union is headquartered in PORT HURON and is the 167^th largest credit union in the state of Michigan. It is also the 3,277^th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 3 employees and 1,169 members at 3 locations. Blue Water Federal Credit Union's money market rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Blue Water Federal Credit Union is open to postal and federal employees in the Michigan counties of Huron, St. Clair, Sanilac, or Tuscola or the Michigan Macomb County towns of Armada, Memphis, Mount Clemens, New Baltimore, New Haven, Richmond, or Saint Clair Shores, or the Michigan Macomb County towns of Clifford, Imlay City, or Lapeer.
See current membership details

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Health

Data as of Q1 2025

Learn why bank health matters

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	0.97%
Return on Equity - YTD	6.36%
Annual Interest Income	$194K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$18MM$18.6MM
Loans	Q1 2025vs Q1 2024	$8.7MM$9.7MM
Deposits	Q1 2025vs Q1 2024	$15MM$15.6MM
Equity Capital	Q1 2025vs Q1 2024	$2.8MM$2.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$31K$30K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$0$12K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
CD
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
0.15%^*	$200^*	-	Regular Share Savings Account
OTHER TIERS: 0.10% → $0 - $200
0.15%^*	$200^*	-	Special Account
OTHER TIERS: 0.10% → $0 - $200
0.15%	$0	-	Holiday Savings Account

Blue Water Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%	$0	-	Money Management Account

Blue Water Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.81%	$1k	-	9 Month Share Certificate Special
3.56%	$1k	-	14 Month Share Certificate Special
2.52%	$1k	-	3 Year Share Certificate
2.01%	$1k	-	2 Year Share Certificate
1.91%	$1k	-	1 Year Share Certificate
1.72%	$500	-	6 Month Share Certificate

Blue Water Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$0	-	IRA Regular Savings

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

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