Health Advantage Credit Union is headquartered in SAGINAW and is the 84th largest credit union in the state of Michigan. It is also the 1,320th largest credit union in the nation. It was established in 1970 and as of December of 2021, it had grown to 32 employees and 11,447 members at 2 locations. Health Advantage Credit Union has an A+ health rating.
Health Advantage Credit Union is open to employees, independent contractors, or self-employed persons who regularly work in the Health Care Industry anywhere in the State of Michigan.
See current membership details
I contacted this highly rated institution to ask whether they did a hard or soft credit pull when a customer is only opening a CD or savings account; and also to ask about our eligibility for membership. I received a prompt and professional reply, letting me know that I was eligible for membership based on my wife's medical lab work, and the associate invited me to contact her if I had any further questions. While this credit union has very high CD rates, low EWP, and apparently excellent customer service--they unfortunately do a hard credit pull (the associate stated so in her email) even for savings products. As a result, my wife and I decided not to join at this time.
Overall | |
---|---|
NCUA # | 20007 |
Year Chartered | 1970 |
Employees | 32 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.39% |
Return on Equity - YTD | 3.74% |
Annual Interest Income | $4.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $179.3MM$167.2MM |
Loans | Q4 2021vs Q4 2020 | $98.0MM$92.7MM |
Deposits | Q4 2021vs Q4 2020 | $159.8MM$148.0MM |
Equity Capital | Q4 2021vs Q4 2020 | $18.7MM$18.4MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $510.00K$508.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $115.00K$227.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Health Advantage 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $250k* | - | MONEYPlus Money Market Account | ||
OTHER TIERS: 0.10% → $2.5k - $10k | 0.20% → $10k - $100k | 0.25% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.45%* | $2.5k* | $25k | Premium Checking Rewards | ||
OTHER TIERS: 0.10% → $25k+ | |||||
0.10% | $10k | - | Premium Checking | ||
0.10% | $10k | - | Business Checking | ||
0.05% | $250 | - | Evolution Debit |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.05% | $500 | - | 60 Month IRA | |
0.90% | $500 | - | 36 Month IRA | |
0.85% | $500 | - | 48 Month IRA | |
0.65% | $500 | - | 24 Month IRA | |
0.50% | $500 | - | 12 Month IRA | |
0.40% | $500 | - | 6 Month IRA |
Health Advantage Credit Union Locations | ||
---|---|---|
Branch Office | 1430 N Michigan Ave | Saginaw, MI 48602-4734 |
Branch Office | 4550 State St | Saginaw, MI 48603 |