Overview / Commentary
17135 W 10 Mile Rd
Southfield, MI 48075-2933

SMSE Federal Credit Union is headquartered in Southfield and is the 159th largest credit union in the state of Michigan. It is also the 2,655th largest credit union in the nation. It was established in 1952 and as of December of 2018, it had grown to 12 employees and 4,048 members at 1 location. SMSE Federal Credit Union's CD rates are 11% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of the State of Michigan or the local government in Livingston, Lenawee, Macomb, Monroe, Washtenaw , Oakland, St. Clair or Wayne County.
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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. SMSE Federal Credit Union has a low asset base.

Health Grade Components

NCUA #7628
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD4.4%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$35.9MM$35.4MM
LoansQ4 2018vs Q4 2017$12.1MM$11.0MM
DepositsQ4 2018vs Q4 2017$31.8MM$31.4MM
Equity CapitalQ4 2018vs Q4 2017$3.9MM$3.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$325.00K$252.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$382.00K$269.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$68.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

SMSE Federal Credit Union Savings Account Rates

0.50%$100-Traditional IRA
0.50%*$50k*-Super Saver
OTHER TIERS: 0.30% $500 - $5k | 0.35% $5k - $20k | 0.40% $20k - $50k
0.25%*$500*-Kids Club Share
OTHER TIERS: 0.10% $100 - $500
0.25%*$500*-Christmas Club
OTHER TIERS: 0.10% $100 - $500
0.25%*$500*-Vacation Club
OTHER TIERS: 0.10% $100 - $500
0.25%*$500*-Regular Share
OTHER TIERS: 0.10% $100 - $500

SMSE Federal Credit Union Checking Account Rates

0.15%*$1k*-Share Draft
OTHER TIERS: 0.05% $500 - $1k

SMSE Federal Credit Union CD Rates

2.27%$500$50k24 Month CD
2.27%$500-36 Month CD
2.27%$500$50k48 Month CD
2.27%$500$50k60 Month CD
1.76%$100-60 Month Kids Club CD
1.76%$100-84 Month Kids Club CD
1.30%$100-36 Month Kids Club CD
1.00%$500-12 Month CD
0.75%$500-6 Month CD
0.75%$100-12 Month Kids Club CD

SMSE Federal Credit Union IRA Rates

2.27%$500-36 Month IRA
2.27%$500-48 Month IRA
2.27%$500-60 Month IRA
0.75%$500-12 Month IRA

SMSE Federal Credit Union Locations
Branch Office17135 W 10 Mile RdSouthfield, MI 48075-2933

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