Peninsula Federal Credit Union is headquartered in Escanaba and is the 58th largest credit union in the state of Michigan. It is also the 975th largest credit union in the nation. It was established in 1941 and as of March of 2025, it had grown to 69 employees and 15,697 members at 3 locations. Peninsula Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.
Membership in Peninsula Federal Credit Union is open to those who live, work, worship, or attend school in, or businesses and other legal entities located in the Michigan counties of Alger, Baraga, Chippewa, Delta, Dickinson, Gogebic, Houghton, Iron, Keweenaw, Luce, Mackinac, Marquette, Menominee, Ontonagon, or Schoolcraft, or the Wisconsin counties of Ashland, Florence, Forest, Iron, Marinette, Oconto, or Vilas.
See current membership details
Overall | |
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NCUA # | 4291 |
Year Chartered | 1941 |
Employees | 69 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.87% |
Return on Equity - YTD | 10.19% |
Annual Interest Income | $4.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $334.2MM$316.1MM |
Loans | Q1 2025vs Q1 2024 | $265.1MM$247.3MM |
Deposits | Q1 2025vs Q1 2024 | $304.1MM$286.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $28.4MM$27.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.8MM$1.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.3MM$4.1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $281K$248K |
Always verify rates and promotions with the bank or credit union. We are not Peninsula 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.00% | $0 | - | Coverdell IRA | |
0.30% | $5 | - | Share Account | |
0.15% | $0 | - | HSA Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.50%* | $500k* | - | Money Market | ||
OTHER TIERS: 0.30% → $0 - $10k | 1.25% → $10k - $25k | 1.75% → $25k - $50k | 2.25% → $50k - $500k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | $0 | - | Share Draft |
Peninsula Federal Credit Union Locations | ||
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Corporate Office | 2929 3rd Ave N | Escanaba, MI 49829-4203 |
Branch Office | 3700 10th St | Menominee, MI 49858-1511 |
Branch Office | 7126 Co 426 Rd | Escanaba, MI 49829 |