Service 1 Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.97% | 5-year CD | 60 Month CD 2.35% - Synchrony Bank 60 Month CD |
| 0.70% | 1-year CD | 12 Month CD 1.40% - Synchrony Bank 12 Month CD |
| 1.61% | 4-year CD | 48 Month CD 1.80% - Goldman Sachs Bank USA 4 Year CD |
Service 1 Federal Credit Union is headquartered in Norton Shores and is the 89th largest credit union in the state of Michigan. It is also the 1,464th largest credit union in the nation. It was established in 1940 and as of March of 2017, it had grown to 32 employees and 18,320 members at 5 locations. Service 1 Federal Credit Union's money market rates are 14% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Must be an employee of one of the several select companies from the Muskegon, Mobile and Neosho area.
See current membership details
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Love My Credit Union!
We've been with Service 1 FCU for over 40 years. They're friendly and down-home atmosphere makes you feel welcome, while they're more than competitive lending rates make it our first choice for getting a loan. We've never had any problem with them and it's especially nice not having outlandish fees like the banks want to impose if we have insufficient funds. After having Service 1, I'll never go back to a bank for my financial needs.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 4038 |
| Year Chartered | 1940 |
| Employees | 32 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 6.99% |
| Annual Interest Income | $962.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $116.5MM$108.4MM |
| Loans | Q1 2017vs Q1 2016 | $68.3MM$65.8MM |
| Deposits | Q1 2017vs Q1 2016 | $97.4MM$90.5MM |
| Equity Capital | Q1 2017vs Q1 2016 | $18.6MM$17.6MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $258.00K$280.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $325.00K$371.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Service 1 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.
Service 1 Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $50k* | - | Money Management | ||
| OTHER TIERS: 0.35% → $2k - $20k | 0.45% → $20k - $50k | |||||
Service 1 Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.97% | $500 | - | 60 Month CD | |
| 1.61% | $500 | - | 48 Month CD | |
| 1.21% | $500 | - | 36 Month CD | |
| 0.85% | $500 | - | 24 Month CD | |
| 0.85% | $500 | - | 30 Month CD | |
| 0.70% | $500 | - | 12 Month CD | |
| 0.70% | $500 | - | 18 Month CD | |
| 0.55% | $500 | - | 6 Month CD |
| Service 1 Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 2051 S Broad St | Mobile, AL 36615-1286 |
| Branch Office | 1075 E Sherman Blvd | Norton Shores, MI 49444-1807 |
| Branch Office | 1625 Eastwind Dr | Muskegon, MI 49444-7837 |
| Branch Office | 816 W Harmony St | Neosho, MO 64850-1627 |
| Branch Office | 24903 State Highway 39 | Shell Knob, MO 65747 |