Security Credit Union is headquartered in Holly and is the 40th largest credit union in the state of Michigan. It is also the 657th largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 158 employees and 53,220 members at 14 locations. Security Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Security Credit Union is open to anyone who lives, works, worships, or attends school in, or businesses or other legal entities located in any county within the state of Michigan or in the Ohio counties of Fulton, Henry, Lucas, Ottawa or Wood.
See current membership details
Don’T Finance Anything Here
I got behind in my car note, I contacted the credit union paid $1000 then the car was repo, I called back the next day to pay remaining balance which was $700 they told me had to pay the full balance of the car which is $22000 for a 2016 Camaro that has 11000 miles on it. As I tried to negotiate I was told “Steve” would call me (never did). If I got the car back it would be $1800 then pay the tow car $399. Fuck this credit union, come to find the car was salvaged title the whole time… don’t finance here you’ll be judge..
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61159 |
| Year Chartered | 1955 |
| Employees | 158 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.22% |
| Return on Equity - YTD | 2.66% |
| Annual Interest Income | $8.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $626.7MM$631.5MM |
| Loans | Q1 2025vs Q1 2024 | $500MM$475.6MM |
| Deposits | Q1 2025vs Q1 2024 | $560MM$551.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $51.6MM$45.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $5.1MM$4.9MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $8.3MM$3.6MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$16K |
