ELGA Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.01% | Reward Checking | Kasasa Cash 1.76% - National Average |
| 1.00% | 5-year CD | 5 Year CD 1.85% - Synchrony Bank 60 Month CD |
| 0.40% | 1-year CD | 1 Year CD 1.05% - Ally Bank High Yield 12-Month CD |
ELGA Credit Union is headquartered in Burton and is the 26th largest credit union in the state of Michigan. It is also the 535th largest credit union in the nation. It was established in 1968 and as of June of 2016, it had grown to 151 employees and 62,876 members at 8 locations. ELGA Credit Union's money market rates are 59% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
ELGA Credit Union of Michigan is open to the residents, registered students, community volunteers, church members, and people maintaining employment within these eligible counties: Genesee,Saginaw, Lapeer, Shiawassee, Oakland, and Livingston along with retired seniors age 55+ and receives a retirement income compensation in Genesee or the surrounding counties. Membership eligibility also extends to include the employees of the employer groups located within a 25-mile distance of a credit union office in any direction, members of the Building Trades AFL-CIO, and persons that donate $25 to the Salvation Army Bed & Bread Program as well as the family members of any of these described individuals.
See current membership details
Related Posts
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61797 |
| Year Chartered | 1968 |
| Employees | 151 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.68% |
| Return on Equity - YTD | 20.29% |
| Annual Interest Income | $11.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $461.0MM$412.1MM |
| Loans | Q2 2016vs Q2 2015 | $394.5MM$352.4MM |
| Deposits | Q2 2016vs Q2 2015 | $397.5MM$360.9MM |
| Equity Capital | Q2 2016vs Q2 2015 | $60.6MM$48.2MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $3.3MM$4.0MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $4.6MM$5.9MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $360.00K$843.00K |
Always verify rates and promotions with the bank or credit union. We are not ELGA 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.
ELGA Credit Union Savings Account Rates
ELGA Credit Union Money Market Rates
ELGA Credit Union Checking Account Rates
ELGA Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | 4 Year CD | |
| 1.00% | $1k | - | 5 Year CD | |
| 1.00% | $1k | - | 6 Year CD | |
| 0.75% | - | - | Save To Win CD | |
| 0.75% | $1k | - | 3 Year CD | |
| 0.50% | $1k | - | 2 Year CD | |
| 0.40% | $1k | - | 1 Year CD |
ELGA Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.80% | $5k | - | 1 Year IRA |
| ELGA Credit Union Locations | ||
|---|---|---|
| Branch Office | 799 S Harrison St | Lapeer, MI 48446-3393 |
| Branch Office | 8503 Davison Rd | Davison, MI 48423 |
| Branch Office | 1390 N Leroy St | Fenton, MI 48430-5310 |
| Branch Office | 7026 W Vienna Rd | Clio, MI 48420 |
| Branch Office | 8415 Davison Rd | Davison, MI 48423 |
| Branch Office | 6238 W Pierson Rd | Flushing, MI 48433-2339 |
| Branch Office | 2303 S Center Rd | Burton, MI 48519-1147 |
| Branch Office | 5072 Corunna Rd | Flint, MI 48532-4190 |