North Central Area Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.76% | 5-year CD | |
| 0.35% | 1-year CD | |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
North Central Area Credit Union is headquartered in Houghton Lake and is the 89th largest credit union in the state of Michigan. It is also the 1,472nd largest credit union in the nation. It was established in 1956 and as of December of 2018, it had grown to 29 employees and 16,577 members at 5 locations. North Central Area Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, volunteer, worship or attend school in Alpena, Alcona, Antrim, Arenac, Benzie, Bay, Cheboygan, Charlevoix, Clare, Crawford, Emmet, Grand Traverse, Gladwin, Huron, Iosco, Kalkaska, Isabella, Lake, Leelanau, Manistee, Mason, Mecosta, Midland, Missaukee, Newaygo, Montmorency, Oceana, Ogemaw, Osceola, Oscoda, Otsego, Presque Ilse, Sanilac, Roscommon, Tuscola, and Wexford Counties in Michigan. Membership is also open to anyone who receive a retirement pension, annuity, or similar retirement payment and live in or belong to a retirement organization in these counties.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61953 |
| Year Chartered | 1956 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 5.21% |
| Annual Interest Income | $3.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $116.8MM$113.3MM |
| Loans | Q4 2018vs Q4 2017 | $53.9MM$50.8MM |
| Deposits | Q4 2018vs Q4 2017 | $105.8MM$102.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $10.1MM$9.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $358.00K$354.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $777.00K$443.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not North Central Area 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.
North Central Area Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.80% | - | - | Traditional IRA | |
| 0.80% | - | - | Coverdell Education IRA | |
| 0.80% | - | - | Roth IRA | |
| 0.25% | - | - | Christmas Club | |
| 0.10% | - | - | Prime Share | |
| 0.10% | - | - | Secondary Share |
North Central Area Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.15% → Up to $10k | 0.20% → $10k - $50k | |||||
North Central Area Credit Union CD Rates
| North Central Area Credit Union Locations | ||
|---|---|---|
| Branch Office | 2665 Reserve Rd | Houghton Lake, MI 48629-7900 |
| Branch Office | 505 Clyde St | Grayling, MI 49738 |
| Branch Office | 212 Court St S | Standish, MI 48658 |
| Branch Office | 2671 Reserve Rd | Houghton Lake, MI 48629 |
| Branch Office | 129 Lake St | Roscommon, MI 48653-7658 |