Dowagiac Area Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.15%	Savings	Share Savings 1.00% - Ally Bank Online Savings Account
0.10%	Checking	Share Draft 0.13% - National Average
0.05%	Money Market	Money Management 0.85% - Ally Bank Money Market Account

View all Dowagiac Area Federal Credit Union rates »

Overview / Commentary

www.dafcu.net

269-782-2410

473 E Division St
Dowagiac, MI 49047-1541

Dowagiac Area Federal Credit Union is headquartered in Dowagiac and is the 204^th largest credit union in the state of Michigan. It is also the 3,637^th largest credit union in the nation. It was established in 1972 and as of June of 2016, it had grown to 4 employees and 2,561 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

Reviews

Write a Review

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

Health

C

Data as of Q2 2016

Learn more about bank 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. Dowagiac Area Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	21070
Year Chartered	1972
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	0.27%
Return on Equity - YTD	3.17%
Annual Interest Income	$227.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$17.2MM$17.0MM
Loans	Q2 2016vs Q2 2015	$8.6MM$8.5MM
Deposits	Q2 2016vs Q2 2015	$15.7MM$15.7MM
Equity Capital	Q2 2016vs Q2 2015	$1.5MM$1.4MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$34.00K$20.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$351.00K$187.00K
Real Estate Owned	Q2 2016vs Q2 2015	$32.00K$35.00K

Rates

Skip to rates for:

Savings
Money Market
Checking

Report an Issue

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
0.65%	-	-	IRA Savings
0.65%	-	-	Roth IRA Savings
0.15%	$200	-	Share Savings
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

Locations

Dowagiac Area Federal Credit Union Locations
Branch Office	473 E Division St	Dowagiac, MI 49047-1541