Peninsula Federal Credit Union


Overview / Commentary
906-789-6400
2929 3rd Ave. North
Escanaba, MI 49829

Peninsula Federal Credit Union is headquartered in Escanaba and is the 59th largest credit union in the state of Michigan. It is also the 1,006th largest credit union in the nation. It was established in 1941 and as of December of 2023, it had grown to 69 employees and 15,003 members at 3 locations. Peninsula Federal Credit Union's money market rates are 9X the national average, and it has a B+ health rating.

Field of Membership Restrictions

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.
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Health
B+

Health Grade Components

Overall
NCUA #4291
Year Chartered1941
Employees69
Primary Regulator
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD3.45%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$303.2MM$275.8MM
LoansQ4 2023vs Q4 2022$244.9MM$226.9MM
DepositsQ4 2023vs Q4 2022$273.8MM$247.9MM
Equity CapitalQ4 2023vs Q4 2022$27.7MM$26.7MM
Loan Loss AllowanceQ4 2023vs Q4 2022$1.7MM$1.3MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$2.7MM$2.1MM
Real Estate OwnedQ4 2023vs Q4 2022$318K$0
Rates
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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.

Peninsula Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%--Coverdell IRA
2.50%--Traditional IRA
2.50%--Roth Conversion IRA
2.50%--Roth IRA
0.35%$5-Share Account
0.15%--HSA Account

Peninsula Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$500k*-Money Market
OTHER TIERS: 0.35% Up to $10k | 2.25% $10k - $25k | 2.75% $25k - $50k | 3.50% $50k - $500k

Peninsula Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Share Draft

Peninsula Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.25%$1k-9 Month CD Special
5.00%$1k-12 Month CD
4.75%$100-12 Month Youth Jump CD
4.75%$1k-12 Month Jump CD
4.65%$100-6 Month Youth CD
4.65%$1k-6 Month CD
4.50%$400-4 Month CD
4.45%$1k-18 Month CD
4.40%$1k-24 Month CD
4.35%$1k-30 Month CD
4.35%$1k-36 Month CD
4.30%$1k-48 Month CD
4.25%$1k-60 Month CD
4.20%$1k-18 Month Jump CD
4.15%$1k-24 Month Jump CD
4.10%$1k-30 Month Jump CD
4.10%$1k-36 Month Jump CD
4.05%$1k-48 Month Jump CD
4.00%$1k-60 Month Jump CD
2.00%$25-Save 2 Win CD

Peninsula Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$1k-12 Month IRA
4.45%$1k-18 Month IRA
4.40%$1k-24 Month IRA
4.35%$1k-30 Month IRA
4.35%$1k-36 Month IRA
4.30%$1k-48 Month IRA
4.25%$1k-60 Month IRA
Locations


Peninsula Federal Credit Union Locations
Corporate Office2929 3rd Ave NEscanaba, MI 49829-4203
Branch Office3700 10th StMenominee, MI 49858-1511
Branch Office7126 Co 426 RdEscanaba, MI 49829

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