Soo Co-op Credit Union

Overview / Commentary
4489 I 75 Business Spur
Sault Sainte Marie, MI 49783

Soo Co-op Credit Union is headquartered in Sault Sainte Marie and is the 63rd largest credit union in the state of Michigan. It is also the 1,089th largest credit union in the nation. It was established in 1958 and as of March of 2022, it had grown to 64 employees and 23,297 members at 7 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


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


Health Grade Components

NCUA #62325
Year Chartered1958
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD8.16%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$260.4MM$248.2MM
LoansQ1 2022vs Q1 2021$139.9MM$126.7MM
DepositsQ1 2022vs Q1 2021$232.7MM$218.9MM
Equity CapitalQ1 2022vs Q1 2021$26.0MM$27.8MM
Loan Loss AllowanceQ1 2022vs Q1 2021$522.00K$547.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$389.00K$258.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
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

0.07%--Variable IRA Share

Soo Co-op Credit Union Money Market Rates

0.10%*$25k*-Money Market Shares
OTHER TIERS: 0.05% Up to $10k | 0.07% $10k - $100k

Soo Co-op Credit Union Checking Account Rates

0.10%*-$3kSuperior Checking
OTHER TIERS: 0.03% $3k+
0.03%--Share Draft (Checking)

Soo Co-op Credit Union CD Rates

0.50%$100-60 Month Share Certificate
0.30%$100-36 Month Share Certificate
0.25%$100-24 Month Share Certificate
0.15%$500-12 Month Share Certificate
0.10%$5k-183 Day Share Certificate
0.07%$5k-91 Day Share Certificate

Soo Co-op Credit Union IRA Rates

0.50%$100-60 Month IRA Certificate
0.30%$100-36 Month IRA Certificate
0.25%$100-24 Month IRA Certificate
0.15%$500-12 Month IRA Certificate
0.10%$5k-183 Day IRA Certificate
0.07%$5k-91 Day IRA Certificate

Soo Co-op Credit Union Locations
Branch Office4489 I 75 Business SpurSault Sainte Marie, MI 49783
Branch Office2186 Shunk RdSault Sainte Marie, MI 49783
Branch Office4932 W Curtis StKincheloe, MI 49788
Branch Office536 Bingham AveSault Sainte Marie, MI 49783
Branch Office90 Beach StCedarville, MI 49719
Branch Office6946 S M-221Brimley, MI 49715
Branch Office12214 W Lakeshore DrBrimley, MI 49715

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.