2. Lake Superior Credit Union

Lake Superior Credit Union


Overview / Commentary
www.lscu.virtualcu.net
906-884-2069
801 River St
Ontonagon, MI 49953-1620

Lake Superior Credit Union is headquartered in Ontonagon and is the 212th largest credit union in the state of Michigan. It is also the 4,443rd largest credit union in the nation. It was established in 1959 and as of December of 2018, it had grown to 4 employees and 1,194 members at 1 location. Lake Superior Credit Union has a C+ health rating.

Field of Membership Restrictions

Lake Superior Credit Union is open to those who love or work in Ontonagon County.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C+

Data as of Q4 2018

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. Lake Superior Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #65085
Year Chartered1959
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD10.52%
Annual Interest Income$181.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$6.2MM$5.7MM
LoansQ4 2018vs Q4 2017$2.9MM$2.4MM
DepositsQ4 2018vs Q4 2017$5.6MM$5.3MM
Equity CapitalQ4 2018vs Q4 2017$504.00K$451.00K
Loan Loss AllowanceQ4 2018vs Q4 2017$13.00K$10.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$29.00K$8.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Lake Superior 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.

Lake Superior Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$2.5k*-17 Sub-Account
OTHER TIERS: 0.15% → Up to $1k | 0.20% → $1k - $2.5k
0.15%$5-Regular Savings Account
0.15%--Christmas Club Account
0.15%--01 Sub-Account
0.15%--02 Sub-Account

Lake Superior Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$500-6 Month CD
0.25%$500-12 to 60 Month CD
0.15%$500-3 Month CD
Locations


Lake Superior Credit Union Locations
Branch Office801 River StOntonagon, MI 49953-1620

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.