Saginaw Medical Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.25% | Reward Checking | 2.02% - National Average |
| 2.45% | 5-year CD | 3.10% - Synchrony Bank 60 Month CD |
| 0.60% | 1-year CD | 2.50% - Synchrony Bank 12 Month CD |
Saginaw Medical Federal Credit Union is headquartered in SAGINAW and is the 82nd largest credit union in the state of Michigan. It is also the 1,340th largest credit union in the nation. It was established in 1970 and as of June of 2018, it had grown to 34 employees and 11,782 members at 2 locations. Saginaw Medical Federal Credit Union's money market rates are 82% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Eligible if you are employed by, retired from or provide volunteer services to any business connected with the health care field in the Saginaw area.
See current membership details
Related Posts
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 20007 |
| Year Chartered | 1970 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 7.59% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $137.0MM$134.1MM |
| Loans | Q2 2018vs Q2 2017 | $83.1MM$68.6MM |
| Deposits | Q2 2018vs Q2 2017 | $120.5MM$118.5MM |
| Equity Capital | Q2 2018vs Q2 2017 | $15.1MM$14.7MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $329.00K$290.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $216.00K$138.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Saginaw Medical 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.
Saginaw Medical Federal Credit Union Savings Account Rates
Saginaw Medical Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $250k* | - | MONEYPlus Money Market Account | ||
| OTHER TIERS: 0.30% → $250 - $10k | 0.40% → $10k - $100k | 0.55% → $100k - $250k | |||||
Saginaw Medical Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25%* | $2.5k* | $25k | Premium Checking Rewards | ||
| OTHER TIERS: 0.20% → $25k+ | |||||
| 0.20% | $10k | - | Premium Checking | ||
| 0.20% | $10k | - | Business Checking | ||
Saginaw Medical Federal Credit Union CD Rates
Saginaw Medical Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.55% | $500 | - | 28 Month IRA Special | |
| 2.45% | $500 | - | 60 Month IRA | |
| 2.30% | $500 | - | 48 Month IRA | |
| 2.20% | $500 | - | 36 Month IRA | |
| 1.50% | $500 | - | 24 Month IRA | |
| 1.00% | $500 | - | 12 Month IRA | |
| 0.50% | $500 | - | 6 Month IRA |
| Saginaw Medical Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1430 N MICHIGAN Ave | SAGINAW, MI 48602-4734 |
| Branch Office | 4550 STATE ST | SAGINAW, MI 48603 |