Chippewa County Credit Union


Overview / Commentary
906-632-3134
402 W Spruce St
Sault Sainte Marie, MI 49783

Chippewa County Credit Union is headquartered in Sault Sainte Marie and is the 169th largest credit union in the state of Michigan. It is also the 2,909th largest credit union in the nation. It was established in 1955 and as of June of 2019, it had grown to 12 employees and 3,623 members at 2 locations. Chippewa County Credit Union has a C+ health rating.

Field of Membership Restrictions

Chippewa County Credit Union is open to current or retired employees of Sault Area Schools, Chippewa County, War Memorial Hospital, Lake Superior State University Staff and Students, Sault Tribe of Chippewa Indians, Michigan Department of Corrections, and Active duty, Reserve Coast Guard, and Civilian members of the Sault Ste. Marie area.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C+
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. Chippewa County Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #61416
Year Chartered1955
Employees12
Primary Regulator
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD6.21%
Annual Interest Income$560.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$29.5MM$28.6MM
LoansQ2 2019vs Q2 2018$17.6MM$18.4MM
DepositsQ2 2019vs Q2 2018$26.0MM$25.3MM
Equity CapitalQ2 2019vs Q2 2018$3.2MM$3.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$210.00K$224.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$390.00K$323.00K
Real Estate OwnedQ2 2019vs Q2 2018$350.00K$267.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Chippewa County 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.

Chippewa County Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Preferred Funds
OTHER TIERS: 0.10% $5 - $25k | 0.20% $25k - $100k
0.10%--Share Account
0.10%--IRA Share

Chippewa County Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%--5 Year CD
1.00%--3 Year CD
0.75%--1 Year CD
0.50%--180 Day CD

Chippewa County Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%--5 Year IRA
1.00%--3 Year IRA
0.75%--1 Year IRA
0.50%--180 Day IRA
Locations


Chippewa County Credit Union Locations
Branch Office4868 W M 80Kincheloe, MI 49788
Branch Office402 W Spruce StSault Sainte Marie, MI 49783-1848

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.