Muskegon Federal Credit Union


Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.93%5-year CD5 Year Share Certificate
1.00%1-year CD1 Year Share Certificate
0.05%SavingsShares Savings Account

Overview / Commentary
231-722-7285
65 W LAKETON AVE
Muskegon, MI 49441

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

Reviews

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



Health
B+
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. Muskegon Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #7509
Year Chartered1951
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD4.88%
Annual Interest Income$726.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$51.2MM$49.5MM
LoansQ2 2018vs Q2 2017$18.7MM$19.1MM
DepositsQ2 2018vs Q2 2017$45.2MM$44.0MM
Equity CapitalQ2 2018vs Q2 2017$5.8MM$5.4MM
Loan Loss AllowanceQ2 2018vs Q2 2017$159.00K$139.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$20.00K$9.00K
Real Estate OwnedQ2 2018vs Q2 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 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$75k*-Tiered Hi-Yield Account
OTHER TIERS: 0.25% $2k - $35k | 0.45% $35k - $75k
0.05%--Christmas Clubs Account
0.05%--Shares Savings Account
0.05%--IRAs Account

Muskegon Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.93%$500-5 Year Share Certificate
2.52%$500-4 Year Share Certificate
2.02%$500-3 Year Share Certificate
1.26%$500-2 Year Share Certificate
1.00%$500-1 Year Share Certificate
0.75%$500-6 Month Share Certificate

Muskegon Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW 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
Locations


Muskegon Federal Credit Union Locations
Branch Office1700 HOLTON RDMUSKEGON, MI 49445-1472
Branch Office65 W LAKETON AVEMUSKEGON, MI 49441

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 feedback@depositaccounts.com 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.