Jolt Credit Union is headquartered in Saginaw and is the 44th largest credit union in the state of Michigan. It is also the 748th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 110 employees and 27,139 members at 5 locations. Jolt Credit Union's CD rates are 3X the national average, and it has a B+ health rating.
Jolt Credit Union is open to those who live, work, worship, or attend school in the Michigan counties of Arenac, Bay, Clare, Gladwin, Gratiot, Huron, Iosco, Isabella, Mecosta, Midland, Missaukee, Montcalm, Ogemaw, Osceola, Roscommon, Saginaw, Sanilac, Tuscola, or Wexford. Relatives of current credit union members are also eligible.
See current membership details
Overall | |
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NCUA # | 68703 |
Year Chartered | 1956 |
Employees | 110 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.16% |
Return on Equity - YTD | 2.05% |
Annual Interest Income | $13.5MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $457.3MM$447.0MM |
Loans | Q4 2022vs Q4 2021 | $255.2MM$213.6MM |
Deposits | Q4 2022vs Q4 2021 | $406.0MM$397.8MM |
Equity Capital | Q4 2022vs Q4 2021 | $36.5MM$45.8MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $877.00K$698.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $506.00K$690.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$59.00K |
Always verify rates and promotions with the bank or credit union. We are not Jolt 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 | |
---|---|---|---|---|---|
0.25%* | $10k* | - | Money Market | ||
OTHER TIERS: 0.20% → $1k - $10k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.00%* | - | $15k | Kasasa Cash Checking | ||
OTHER TIERS: 0.40% → $15k+ |
Jolt Credit Union Locations | ||
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Branch Office | 6180 State St | Saginaw, MI 48603 |
Branch Office | 1002 S Washington Ave | Saginaw, MI 48601 |
Branch Office | 915 S Euclid Ave | Bay City, MI 48706 |
Branch Office | 3015 Center Ave | Essexville, MI 48732 |
Branch Office | 1504 Cass Ave | Bay City, MI 48708 |