Graco Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.05%	Savings	Share Account 1.30% - Goldman Sachs Bank USA Online Savings
0.25%	2-year CD	24 Month CD 1.50% - Ally Bank Raise Your Rate 2-Year CD
0.25%	3-year CD	36 Month CD 1.60% - Ally Bank High Yield 3 Year CD

View all Graco Federal Credit Union rates »

Overview / Commentary

www.gracofcu.org

989-463-1247

305 W Downie St
Alma, MI 48801

Graco Federal Credit Union is headquartered in Alma and is the 198^th largest credit union in the state of Michigan. It is also the 3,562^nd largest credit union in the nation. It was established in 1962 and as of June of 2017, it had grown to 8 employees and 3,104 members at 1 location. Graco Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Gratiot County, Michigan.
See current membership details

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Health

B

Data as of Q2 2017

Learn why bank health matters

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. Graco Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	15304
Year Chartered	1962
Employees	8
Primary Regulator

Profit Margin
Return on Assets - YTD	0.44%
Return on Equity - YTD	5.73%
Annual Interest Income	$286.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$18.2MM$17.2MM
Loans	Q2 2017vs Q2 2016	$7.7MM$7.1MM
Deposits	Q2 2017vs Q2 2016	$16.7MM$15.8MM
Equity Capital	Q2 2017vs Q2 2016	$1.4MM$1.3MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$33.00K$24.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$33.00K$21.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Savings
Money Market
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Graco Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	-	-	IRA Shares
0.05%	-	-	Share Account
0.05%	-	-	Christmas Club Account

Graco Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$50k^*	-	Money Market Share Account
OTHER TIERS: 0.05% → $5k - $50k
0.05%	$15k	-	Money Market Share Draft Account

Graco Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$1k	-	24 Month CD
0.25%	$1k	-	36 Month CD
0.25%	$1k	-	48 Month CD

Locations

Graco Federal Credit Union Locations
Branch Office	305 W Downie St	Alma, MI 48801