Michigan Coastal Credit Union

Overview / Commentary
1086 Creston St
Muskegon, MI 49442

Michigan Coastal Credit Union is headquartered in Muskegon and is the 191st largest credit union in the state of Michigan. It is also the 3,513th largest credit union in the nation. It was established in 1958 and as of June of 2019, it had grown to 8 employees and 2,816 members at 1 location. Michigan Coastal Credit Union's CD rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership to Michigan Coastal Credit Union is open to those who live, worship or work in Muskegon County in Michigan and to anyone age 55 and over who receive retirement payments and live in Muskegon County or a contiguous county.
See current membership details

Related Posts

24-Month Summer Savings CD, 2.87% APY - 8/9/2019

Available to residents of Muskegon County, Michigan. 24-month Summer Savings CD, 2.87% APY, $10,000 minimum 60-month Certificate, 3.23% APY, $25,000 minimum


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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. Michigan Coastal Credit Union has a low asset base.

Health Grade Components

NCUA #61631
Year Chartered1958
Primary Regulator
Profit Margin
Return on Assets - YTD2.04%
Return on Equity - YTD17.04%
Annual Interest Income$416.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$17.1MM$15.4MM
LoansQ2 2019vs Q2 2018$12.7MM$11.5MM
DepositsQ2 2019vs Q2 2018$14.7MM$13.6MM
Equity CapitalQ2 2019vs Q2 2018$2.0MM$1.7MM
Loan Loss AllowanceQ2 2019vs Q2 2018$62.00K$113.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$18.00K$63.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

24-Month Summer Savings CD, 2.87% APY

Carpline   |  
Available to residents of Muskegon County, Michigan.

24-month Summer Savings CD, 2.87% APY, $10,000 minimum
60-month Certificate, 3.23% APY, $25,000 minimum

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Always verify rates and promotions with the bank or credit union. We are not Michigan Coastal 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.

Michigan Coastal Credit Union Savings Account Rates

0.92%*$50k*-High Yield Shares
OTHER TIERS: 0.80% $2.5k - $50k
0.15%--Christmas Club
0.10%--IRA Shares
0.10%--Roth IRA Share
0.05%$500-Regular Shares
0.05%--Vacation Club
0.05%--Youth Savings Account

Michigan Coastal Credit Union CD Rates

3.23%$25k-60 Month CD
3.12%$500-60 Month Golden Account CD
2.87%$500-48 Month Golden Account CD
2.87%$10k-24 Month Summer Savings CD
2.72%$500-36 Month Golden Account CD
2.52%$100$2.5k12 Month Youth CD
2.36%$500-24 Month Golden Account CD
2.26%$500-18 Month Golden Account CD
2.11%$500-12 Month Golden Account CD
1.86%$5k-8 Month Platinum CD
1.66%$500-6 Month Golden Account CD

Michigan Coastal Credit Union IRA Rates

2.72%$2k-36 Month IRA
2.11%$500-12 Month IRA

Michigan Coastal Credit Union Locations
Branch Office1086 Creston StMuskegon, MI 49442

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