Embers Credit Union is headquartered in Marquette and is the 55th largest credit union in the state of Michigan. It is also the 1,000th largest credit union in the nation. It was established in 1953 and as of June of 2019, it had grown to 52 employees and 16,883 members at 5 locations. Embers Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Embers Credit Union is open to those who live, work, or worship in any of the counties in Michigan's Upper Peninsula: Alger, Chippewa, Baraga, Delta, Dickinson, Houghton, Gogebic, Iron, Luce, Keweenaw, Mackinac, Menominee, Marquette, Ontonagon or Schoolcraft. Registered members of a Catholic Parish under the jurisdiction of the Roman Catholic Diocese of Marquette are also eligible to join, as are immediate family members of current Embers Credit union members or those eligible to join.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62038 |
| Year Chartered | 1953 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.71% |
| Return on Equity - YTD | -4.57% |
| Annual Interest Income | $3.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $225.8MM$173.3MM |
| Loans | Q2 2019vs Q2 2018 | $128.8MM$95.7MM |
| Deposits | Q2 2019vs Q2 2018 | $189.8MM$144.0MM |
| Equity Capital | Q2 2019vs Q2 2018 | $32.2MM$25.8MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $690.00K$516.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.3MM$1.2MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $191.00K$88.00K |
Always verify rates and promotions with the bank or credit union. We are not Embers 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.
Embers Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | - | - | IRA Account | |
| 0.20% | $100 | - | Vacation Club | |
| 0.20% | $100 | - | Share Account | |
| 0.20% | - | - | Christmas Club | |
| 0.20% | $5 | - | Youth Share Account |
Embers Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $50k* | - | Money Maker Account | ||
| OTHER TIERS: 0.20% → $100 - $2.5k | 0.30% → $2.5k - $10k | 0.35% → $10k - $25k | 0.40% → $25k - $50k | |||||
Embers Credit Union CD Rates
| Embers Credit Union Locations | ||
|---|---|---|
| Branch Office | 1600 S Front St | Marquette, MI 49855 |
| Branch Office | 487 US Highway 41 | Negaunee, MI 49866 |
| Branch Office | 1001 W Baraga Ave | Marquette, MI 49855 |
| Branch Office | E2906 State Highway M67 | Trenary, MI 49891 |
| Branch Office | 200 E State Highway m28 | Munising, MI 49862 |