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Soo Co-op Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.soocoop.com
906-632-5300
4489 I 75 Business Spur
Sault Sainte Marie, MI 49783

Soo Co-op Credit Union is headquartered in Sault Sainte Marie and is the 62nd largest credit union in the state of Michigan. It is also the 1,033rd largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 66 employees and 24,120 members at 7 locations. Soo Co-op Credit Union's CD rates are 4X the national average, and it boasts 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

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Health
A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #62325
Year Chartered1958
Employees66
Primary Regulator
Profit Margin
Return on Assets - YTD1.14%
Return on Equity - YTD9.9%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$303.9MM$271.4MM
LoansQ1 2025vs Q1 2024$169.4MM$164.5MM
DepositsQ1 2025vs Q1 2024$268MM$241.1MM
Equity CapitalQ1 2025vs Q1 2024$34.1MM$28.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$853K$624K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$444K$911K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$5-Shares

Soo Co-op Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$100k*-Money Market Shares
OTHER TIERS: 0.15% → $0 - $10k | 0.50% → $10k - $50k | 0.75% → $50k - $100k

Soo Co-op Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$0$3kSuperior Checking
OTHER TIERS: 0.10% → $3k+
0.05%$0-Basic Checking

Soo Co-op Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%$100-24 Month Share Certificate
3.75%$500-12 Month Share Certificate
3.50%$5k-183 Day Share Certificate
3.50%$100-60 Month Share Certificate
3.25%$5k-91 Day Share Certificate
3.25%$100-36 Month Share Certificate

Soo Co-op Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%$100-24 Month IRA Certificate
3.75%$500-12 Month IRA Certificate
3.50%$5k-183 Day IRA Certificate
3.50%$100-60 Month IRA Certificate
3.25%$5k-91 Day IRA Certificate
3.25%$100-36 Month IRA Certificate
1.00%$0-Variable IRA Share
Locations


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

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