Northwest Consumers Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.12%	5-year CD	60 Month Share Certificate 2.25% - Ally Bank High Yield 5 Year CD
0.65%	1-year CD	12 Month Share Certificate 1.50% - Ally Bank No Penalty 11-Month CD
0.25%	Savings	Share Savings Account 1.20% - Ally Bank Online Savings Account

View all Northwest Consumers Federal Credit Union rates »

Overview / Commentary

www.nwconsumers.org

800-343-1015

2948 Garfield Rd N
Traverse City, MI 49686-5008

Northwest Consumers Federal Credit Union is headquartered in Traverse City and is the 195^th largest credit union in the state of Michigan. It is also the 3,483^rd largest credit union in the nation. It was established in 1952 and as of June of 2017, it had grown to 7 employees and 2,671 members at 1 location. Northwest Consumers Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Grand Traverse County.
See current membership details

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Health

B

Data as of Q2 2017

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. Northwest Consumers Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	8077
Year Chartered	1952
Employees	7
Primary Regulator

Profit Margin
Return on Assets - YTD	0.7%
Return on Equity - YTD	5.92%
Annual Interest Income	$412.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$19.3MM$17.9MM
Loans	Q2 2017vs Q2 2016	$14.5MM$13.7MM
Deposits	Q2 2017vs Q2 2016	$16.3MM$15.8MM
Equity Capital	Q2 2017vs Q2 2016	$2.3MM$2.1MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$166.00K$129.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$116.00K$717.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northwest Consumers Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$40k^*	-	Traditional IRA Account
OTHER TIERS: 0.50% → $10 - $40k
0.55%^*	$85k^*	-	High Yield Account
OTHER TIERS: 0.05% → $10 - $500 \| 0.10% → $500 - $1k \| 0.20% → $1k - $2,500 \| 0.30% → $2,500 - $50k \| 0.40% → $50k - $85k
0.25%^*	$2,500^*	-	Share Savings Account
OTHER TIERS: 0.05% → $10 - $500 \| 0.10% → $500 - $1k \| 0.20% → $1k - $2,500

Northwest Consumers Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.12%	$500	-	60 Month Share Certificate
1.87%	$500	-	48 Month Share Certificate
1.61%	$500	-	36 Month Share Certificate
1.26%	$500	-	24 Month Share Certificate
0.65%	$500	-	12 Month Share Certificate
0.35%	$500	-	6 Month Share Certificate

Northwest Consumers Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.12%	$500	-	60 Month IRA Certificate
1.87%	$500	-	48 Month IRA Certificate
1.61%	$500	-	36 Month IRA Certificate
1.26%	$500	-	24 Month IRA Certificate
0.65%	$500	-	12 Month IRA Certificate
0.35%	$500	-	6 Month IRA Certificate

Locations

Northwest Consumers Federal Credit Union Locations
Branch Office	2948 Garfield Rd N	Traverse City, MI 49686-5008