Muskegon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.93% | 5-year CD | 5 Year Share Certificate 2.03% - National Average |
| 1.00% | 1-year CD | 1 Year Share Certificate 2.45% - Synchrony Bank 12 Month CD |
| 0.05% | Savings | Shares Savings Account |
Muskegon Federal Credit Union is headquartered in MUSKEGON and is the 143rd largest credit union in the state of Michigan. It is also the 2,314th largest credit union in the nation. It was established in 1951 and as of June of 2018, it had grown to 10 employees and 5,344 members at 2 locations. Muskegon Federal Credit Union's savings rates are 15% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Muskegon or other selected areas. Also open to employees of the City of Muskegon and several other municipalities in Muskegon County.
See current membership details
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7509 |
| Year Chartered | 1951 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 4.88% |
| Annual Interest Income | $726.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $51.2MM$49.5MM |
| Loans | Q2 2018vs Q2 2017 | $18.7MM$19.1MM |
| Deposits | Q2 2018vs Q2 2017 | $45.2MM$44.0MM |
| Equity Capital | Q2 2018vs Q2 2017 | $5.8MM$5.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $159.00K$139.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $20.00K$9.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Muskegon Federal 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.
Muskegon Federal Credit Union Savings Account Rates
Muskegon Federal Credit Union CD Rates
Muskegon Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.93% | $500 | - | 5 Year IRA | |
| 2.52% | $500 | - | 4 Year IRA | |
| 2.02% | $500 | - | 3 Year IRA | |
| 1.26% | $500 | - | 2 Year IRA | |
| 1.00% | $500 | - | 1 Year IRA | |
| 0.75% | $500 | - | 6 Month IRA |
| Muskegon Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1700 HOLTON RD | MUSKEGON, MI 49445-1472 |
| Branch Office | 65 W LAKETON AVE | MUSKEGON, MI 49441 |