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Embers Credit Union


Overview / Commentary
www.embers.org
906-228-7080
1001 W Baraga Ave
Marquette, MI 49855

Embers Credit Union is headquartered in Marquette and is the 52nd largest credit union in the state of Michigan. It is also the 979th largest credit union in the nation. It was established in 1953 and as of December of 2019, it had grown to 58 employees and 17,208 members at 5 locations. Embers Credit Union's money market rates are 14% higher than the national average, and it boasts 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

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Health
A+

Data as of Q4 2019

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Health Grade Components

Overall
NCUA #62038
Year Chartered1953
Employees58
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD2.66%
Annual Interest Income$7.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$234.5MM$176.8MM
LoansQ4 2019vs Q4 2018$138.5MM$100.2MM
DepositsQ4 2019vs Q4 2018$199.0MM$147.5MM
Equity CapitalQ4 2019vs Q4 2018$32.8MM$27.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$683.00K$441.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.3MM$1.2MM
Real Estate OwnedQ4 2019vs Q4 2018$122.00K$88.00K
Rates
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* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%--IRA Account
0.20%$100-Vacation Club
0.20%$100-Share Account
0.20%--Christmas Club

Embers Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.77%$1k-60 Month Share Certificate
1.67%$1k-48 Month Share Certificate
1.51%$1k-36 Month Share Certificate
1.26%$1k-24 Month Share Certificate
1.25%$1k-7 Month Share Certificate Special
1.00%$1k-12 Month Share Certificate
0.75%$1k-6 Month Share Certificate
Locations


Embers Credit Union Locations
Branch Office1600 S Front StMarquette, MI 49855
Branch Office487 US Highway 41Negaunee, MI 49866
Branch Office1001 W Baraga AveMarquette, MI 49855
Branch OfficeE2906 State Highway M67Trenary, MI 49891
Branch Office200 E State Highway m28Munising, MI 49862

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