Shoreline Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.50%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Plus Saver 1.20% - Synchrony Bank High Yield Savings
0.99%	3-year CD	36 Month CD 1.85% - Synchrony Bank 36 Month CD

View all Shoreline Federal Credit Union rates »

Overview / Commentary

www.shorelinefcu.com

2735 Estes St
Norton Shores, MI 49441-3406

Shoreline Federal Credit Union is headquartered in Norton Shores and is the 203^rd largest credit union in the state of Michigan. It is also the 3,605^th largest credit union in the nation. It was established in 1953 and as of March of 2017, it had grown to 5 employees and 2,608 members at 1 location. Shoreline Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees of Kaydon Corporation, Sun Chemical Corporation, J&M Machine, Intra-City Dispatch, E.W. Anderson Plumbing, Lorin Industries,Omni Clean, Duff Plumbing, McKenzie Price Insurance Company, Knoll Group, Webb Chemical Service Corporation, Great Lakes Die Cast Corporation, Orthopedic Associates of Muskegon, Clark-Gravely Corporation, Vans Auto Wash, Seabrook Plastic, R&D Tool Machine, Tiffany Woods Apartments.
See current membership details

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Health

C+

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Shoreline Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	8412
Year Chartered	1953
Employees	5
Primary Regulator

Profit Margin
Return on Assets - YTD	0.11%
Return on Equity - YTD	1.35%
Annual Interest Income	$98.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$17.7MM$19.0MM
Loans	Q1 2017vs Q1 2016	$6.0MM$7.0MM
Deposits	Q1 2017vs Q1 2016	$16.0MM$17.3MM
Equity Capital	Q1 2017vs Q1 2016	$1.5MM$1.6MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$48.00K$61.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$24.00K$50.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Shoreline Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%	-	-	Hi-Yield Saving
0.30%	-	-	IRA Savings
0.10%	-	-	Regular Saving
0.10%	-	-	Special Saver
0.10%	-	-	Christmas Club
0.10%	-	-	Vacation Club
0.10%	-	-	Escrow
0.10%	-	-	Plus Saver

Shoreline Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.99%	$1k	-	36 Month CD
0.72%	$1k	-	24 Month CD
0.50%	$1k	-	12 Month CD
0.37%	$1k	-	6 Month CD

Locations

Shoreline Federal Credit Union Locations
Branch Office	2735 Estes St	Norton Shores, MI 49441-3406