Overview / Commentary
7693 State Hwy M123
Newberry, MI 49868

Tahquamenon Area Credit Union is headquartered in Newberry and is the 134th largest credit union in the state of Michigan. It is also the 2,138th largest credit union in the nation. It was established in 1955 and as of December of 2018, it had grown to 24 employees and 5,956 members at 4 locations. Tahquamenon Area Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership to Tahquamenon Area Credit Union is open to those who own property or employed in Luce County, Mackinac County, Chippewa County, Senay Township in Schoolcraft County, Burt Township in Alger County.
See current membership details


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

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. Tahquamenon Area Credit Union has a relatively low asset base.

Health Grade Components

NCUA #60423
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD6.8%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$59.6MM$60.1MM
LoansQ4 2018vs Q4 2017$20.8MM$22.0MM
DepositsQ4 2018vs Q4 2017$52.5MM$53.2MM
Equity CapitalQ4 2018vs Q4 2017$6.6MM$6.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$94.00K$106.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$69.00K$346.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Tahquamenon Area 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.

Tahquamenon Area Credit Union Savings Account Rates

0.45%$100-Traditional IRA Share
0.45%$100-Coverdell IRA Share
0.45%$100-Roth IRA Share
0.05%$50-Prime Share
0.05%--Share Savings
0.05%--Christmas Club

Tahquamenon Area Credit Union Money Market Rates

0.10%*$2.5k*-Money Market
OTHER TIERS: 0.05% Up to $2.5k

Tahquamenon Area Credit Union Checking Account Rates

0.05%--Share Draft Account

Tahquamenon Area Credit Union Locations
Branch OfficeN 6747 M117Engadine, MI 49827
Branch Office115 E Harold StPickford, MI 49774-5004
Branch Office18829 S Mackinac TrlRudyard, MI 49780-9278
Branch Office7693 State Hwy M123Newberry, MI 49868

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.