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	Shares 1.20% - Goldman Sachs Bank USA Online 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.
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Health

A

Data as of Q1 2017

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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

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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.

Soo Co-Op Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	-	-	Variable IRA Share
0.10%	-	-	Shares

Soo Co-Op Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$100k^*	-	Money Market Shares
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 (Checking)

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