Service 1 Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 3.25% | Reward Checking | Kasasa Cash 1.95% - National Average |
| 1.01% | Reward Savings | Kasasa Saver 0.87% - National Average |
| 2.53% | 5-year CD | 60 Month CD 2.85% - Barclays 60 Month Online CD |
Service 1 Federal Credit Union is headquartered in Norton Shores and is the 88th largest credit union in the state of Michigan. It is also the 1,456th largest credit union in the nation. It was established in 1940 and as of March of 2018, it had grown to 34 employees and 18,700 members at 5 locations. Service 1 Federal Credit Union's CD rates are 34% higher than the national average, and it has 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.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4038 |
| Year Chartered | 1940 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.48% |
| Return on Equity - YTD | 8.55% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $119.2MM$116.5MM |
| Loans | Q1 2018vs Q1 2017 | $78.1MM$68.3MM |
| Deposits | Q1 2018vs Q1 2017 | $98.4MM$97.4MM |
| Equity Capital | Q1 2018vs Q1 2017 | $20.2MM$18.6MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $286.00K$258.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $188.00K$325.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $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 Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.01%* | - | $25k | Kasasa Saver | ||
| OTHER TIERS: 0.25% → $25k+ | |||||
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 Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.25%* | - | $10k | Kasasa Cash | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
Service 1 Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $500 | - | 60 Month CD | |
| 2.22% | $500 | - | 48 Month CD | |
| 1.92% | $500 | - | 36 Month CD | |
| 1.76% | $500 | - | 30 Month CD | |
| 1.61% | $500 | - | 24 Month CD | |
| 1.36% | $500 | - | 18 Month CD | |
| 1.21% | $500 | - | 12 Month CD | |
| 0.95% | $500 | - | 6 Month CD |
Service 1 Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $500 | - | 60 Month IRA | |
| 2.22% | $500 | - | 48 Month IRA | |
| 1.92% | $500 | - | 36 Month IRA | |
| 1.76% | $500 | - | 30 Month IRA | |
| 1.61% | $500 | - | 24 Month IRA | |
| 1.36% | $500 | - | 18 Month IRA | |
| 1.21% | $500 | - | 12 Month IRA |
| 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 |