Blue Water Federal Credit Union


Overview / Commentary
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 197th largest credit union in the state of Michigan. It is also the 3,671st largest credit union in the nation. It was established in 1959 and as of March of 2019, it had grown to 3 employees and 1,340 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
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 Chartered1959
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD3.09%
Annual Interest Income$119.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$14.6MM$14.6MM
LoansQ1 2019vs Q1 2018$9.2MM$8.7MM
DepositsQ1 2019vs Q1 2018$11.9MM$12.0MM
Equity CapitalQ1 2019vs Q1 2018$2.6MM$2.5MM
Loan Loss AllowanceQ1 2019vs Q1 2018$20.00K$20.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$0$0
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Blue Water 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.

Blue Water Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$2.5k-Money Management Account

Blue Water Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$1k-2 Year Share Certificate
1.00%$1k-3 Year Share Certificate
0.50%$1k-1 Year Share Certificate
0.35%$500-6 Month Share Certificate

Blue Water Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$1k-2 Year IRA Certificate
1.00%$1k-3 Year IRA Certificate
0.50%$1k-1 Year IRA Certificate
0.35%$500-6 Month IRA Certificate
Locations


Blue Water Federal Credit Union Locations
Branch Office526 WATER ST RM 113PORT HURON, MI 48060-5463
Branch Office3910 Lapeer RdPort Huron, MI 48060-2402
Branch Office3031 Airpark Dr NFlint, MI 48507-3471

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