Security Credit Union


Overview / Commentary
810-235-2322
5255 Security Park Blvd
Holly, MI 48442

Security Credit Union is headquartered in Holly and is the 35th largest credit union in the state of Michigan. It is also the 641st largest credit union in the nation. It was established in 1955 and as of June of 2019, it had grown to 129 employees and 52,843 members at 11 locations. Security Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Security Credit Union is open to those who live, work, worship, or attend school in any Michigan county.
See current membership details

Related Posts

Security Credit Union (MI) Adds 29-Month CD, 2.75% APY - 11/11/2019

Security Credit Union (MI) has added Rainy Day Share Certificate Specials – 29-month (2.75% APY) and 17-month (2.55% APY). Minimum deposit is $1k of new money.

Security Credit Union (MI) 5-Year CD Earns 3.15% APY - 9/23/2019

Security Credit Union (Michigan) has a 5-year Share Certificate, which earns 3.15% APY. Minimum deposit is $1k. Also available as an IRA.

Reviews (2)

Security Credit Union

I have a savings account with Security Credit Union and I love the interest rate you get with them! It was better then my banks was. One of the best benefits that stands out with S.C.U. is that they sent me a option to get life insurance because I am a member there. It too was a better deal then I had with my regular life insurance company. Its also really close to my house which makes it convenient. One thing I want to say though about them that isn't so great.. is that when I became a member, I kind of felt like they grilled me for financial information. I know it was to gain me as a all around customer (get a checking account and all the other services they provide) but it felt like I was in there for an hour too long listening to sales pitches. I was also told one thing particularly convenient to my personal needs when I was signing up, and then when I called up there to use this feature the customer service rep said "we do not do that". I told her I had been told it was available and she sat silent which made me feel like she wanted me to "just go away". I went into the bank a few months later and as I was standing at the tellers window she offered me the service the customer service rep said was not available. That was the one and only time I have had a bad experience in there.

The Best Experience Ever

Posted by: Brittney2 | Apr 4, 2014

Every time I go in they are courteous and attend to my needs quite quickly. They take every need I have without complaint and will call me if there is a problem with my account.



Health
B+

Health Grade Components

Overall
NCUA #61159
Year Chartered1955
Employees129
Primary Regulator
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD4.47%
Annual Interest Income$8.8MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$434.5MM$430.3MM
LoansQ2 2019vs Q2 2018$341.2MM$314.3MM
DepositsQ2 2019vs Q2 2018$389.3MM$387.2MM
Equity CapitalQ2 2019vs Q2 2018$39.1MM$36.5MM
Loan Loss AllowanceQ2 2019vs Q2 2018$2.1MM$2.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$2.7MM$3.8MM
Real Estate OwnedQ2 2019vs Q2 2018$766.00K$802.00K
Rates

Rates for Security Credit Union are currently being reviewed.

Locations

Availability



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