Service 1 Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.service1fcu.com

231-739-5068

1075 E. Sherman Avenue
Muskegon, MI 49444

Service 1 Federal Credit Union is headquartered in Norton Shores and is the 79^th largest credit union in the state of Michigan. It is also the 1,265^th largest credit union in the nation. It was established in 1940 and as of December of 2024, it had grown to 53 employees and 22,029 members at 6 locations. Service 1 Federal Credit Union's money market rates are 5X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Service 1 Federal Credit Union is open to select employee groups (SEGs) in our field of membership (FOM) in all states and branches except our Shell Knob, MO branch, whose FOM is anyone who lives, works, worships, or attends school in Barry County or Stone County, MO.
See current membership details

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Health

A+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	4038
Year Chartered	1940
Employees	53
Primary Regulator

Profit Margin
Return on Assets - YTD	0.97%
Return on Equity - YTD	5.92%
Annual Interest Income	$9.9MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$200.8MM$193MM
Loans	Q4 2024vs Q4 2023	$143.9MM$140.8MM
Deposits	Q4 2024vs Q4 2023	$166.9MM$161.8MM
Equity Capital	Q4 2024vs Q4 2023	$32.8MM$29.8MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$634K$721K
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$450K$671K
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* 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
0.50%^*	$0	$25k	Kasasa Saver
OTHER TIERS: 0.05% → $25k+

Service 1 Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.00%^*	$100k^*	-	Money Management Account
OTHER TIERS: 1.00% → $2k - $20k \| 1.25% → $20k - $50k \| 1.75% → $50k - $100k

Service 1 Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.25%^*	$0	$10k	Kasasa Cash Checking
OTHER TIERS: 0.05% → $10k+

Service 1 Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$100	-	6 Month Youth CD
3.75%	$500	-	6 Month CD
3.75%	$100	-	12 Month Youth CD
3.75%	$100	-	24 Month Youth CD
3.50%	$500	-	12 Month CD
3.50%	$500	-	18 Month CD
3.50%	$500	-	24 Month CD
3.50%	$500	-	30 Month CD
3.50%	$500	-	36 Month CD
3.50%	$500	-	48 Month CD
3.50%	$500	-	60 Month CD

Service 1 Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.50%	$500	-	12 Month IRA
3.50%	$500	-	18 Month IRA
3.50%	$500	-	24 Month IRA
3.50%	$500	-	30 Month IRA
3.50%	$500	-	36 Month IRA
3.50%	$500	-	48 Month IRA
3.50%	$500	-	60 Month IRA

Locations

Service 1 Federal Credit Union Locations
Branch Office	1075 E Sherman Blvd	Norton Shores, MI 49444-1807
Branch Office	2051 S Broad St	Mobile, AL 36615-1286
Branch Office	2975 Gardner Edgewood Dr	Neosho, MO 64850-3110
Branch Office	1625 Eastwind Dr	Muskegon, MI 49444-7837
Branch Office	25368 State Highway 39	Shell Knob, MO 65747
Branch Office	991 W Broadway Ave	Muskegon, MI 49441

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