Soo Co-Op Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.15%	5-year CD	60 Month Share Certificate 2.35% - Synchrony Bank 60 Month CD
0.25%	1-year CD	12 Month Share Certificate 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Share Account 1.15% - CIT Bank Spring Savings

View all Soo Co-Op Credit Union rates »

Overview / Commentary

www.soocoop.com

906-632-5300

536 Bingham Ave
Sault Sainte Marie, MI 49783

Soo Co-Op Credit Union is headquartered in Sault Sainte Marie and is the 65^th largest credit union in the state of Michigan. It is also the 1,149^th largest credit union in the nation. It was established in 1958 and as of March of 2017, it had grown to 53 employees and 22,306 members at 8 locations. Soo Co-Op Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, own real estate, work, worship or educated in the State of Michigan and immediate family.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	62325
Year Chartered	1958
Employees	53
Primary Regulator

Profit Margin
Return on Assets - YTD	1.35%
Return on Equity - YTD	11.84%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$170.9MM$162.5MM
Loans	Q1 2017vs Q1 2016	$110.0MM$104.1MM
Deposits	Q1 2017vs Q1 2016	$150.8MM$144.2MM
Equity Capital	Q1 2017vs Q1 2016	$19.1MM$17.2MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$648.00K$811.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$335.00K$378.00K
Real Estate Owned	Q1 2017vs Q1 2016	$83.00K$113.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Soo Co-Op 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.

Soo Co-Op Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	Variable IRA Share Account
0.25%	-	-	Variable Roth IRA Share Account
0.25%	-	-	Variable CESA Share Account
0.10%	-	-	Share Account

Soo Co-Op Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$100k^*	-	Money Market Share Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $100k

Soo Co-Op Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	Share Draft Account

Soo Co-Op Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.15%	$100	-	60 Month Share Certificate
0.90%	$100	-	36 Month Share Certificate
0.75%	$100	-	24 Month Share Certificate
0.25%	$500	-	12 Month Share Certificate
0.20%	$5k	-	183 Day Share Certificate
0.15%	$5k	-	91 Day Share Certificate

Soo Co-Op Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.15%	$100	-	60 Month IRA Certificate
0.90%	$100	-	36 Month IRA Certificate
0.75%	$100	-	24 Month IRA Certificate
0.25%	$500	-	12 Month IRA Certificate
0.20%	$5k	-	183 Day IRA Certificate
0.15%	$5k	-	91 Day IRA Certificate

Locations

Soo Co-Op Credit Union Locations
Branch Office	536 Bingham Ave	Sault Sainte Marie, MI 49783
Branch Office	2186 Shunk Rd	Sault Sainte Marie, MI 49783
Branch Office	4932 W Curtis St	Kincheloe, MI 49788
Branch Office	4489 I 75 Business Spur	Sault Sainte Marie, MI 49783
Branch Office	7960 North M-123	Paradise, MI 49768
Branch Office	90 Beach St	Cedarville, MI 49719
Branch Office	6946 S M-221	Brimley, MI 49715
Branch Office	12214 W Lakeshore Dr	Brimley, MI 49715