Dowagiac Area Federal Credit Union is headquartered in Dowagiac and is the 191st largest credit union in the state of Michigan. It is also the 3,532nd largest credit union in the nation. It was established in 1972 and as of December of 2018, it had grown to 4 employees and 2,325 members at 1 location. Dowagiac Area Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in the townships of LaGrange, Wayne, Pokagon, Volinia, Penn, Silver Creek, Marcellus, Paw Paw, or Decatur in Cass and Van Buren Counties.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 21070 |
| Year Chartered | 1972 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 7.75% |
| Annual Interest Income | $479.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $16.9MM$17.5MM |
| Loans | Q4 2018vs Q4 2017 | $9.0MM$8.0MM |
| Deposits | Q4 2018vs Q4 2017 | $15.3MM$16.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $1.5MM$1.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $32.00K$25.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $155.00K$167.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$183.00K |
Always verify rates and promotions with the bank or credit union. We are not Dowagiac Area Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Dowagiac Area Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | - | - | IRA Share Accounts | |
| 0.15% | $200 | - | Shares | |
| 0.15% | - | - | Christmas Club |
Dowagiac Area Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $1k | - | Money Management |
Dowagiac Area Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $200 | - | Share Draft |
| Dowagiac Area Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 473 E Division St | Dowagiac, MI 49047-1541 |