TBA Credit Union


Overview / Commentary
231-946-7090
630 E Front St
Traverse City, MI 49686

TBA Credit Union is headquartered in Traverse City and is the 53rd largest credit union in the state of Michigan. It is also the 925th largest credit union in the nation. It was established in 1955 and as of December of 2023, it had grown to 69 employees and 19,137 members at 2 locations. TBA Credit Union's money market rates are 7X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in TBA Credit Union is open to: (1) those who live, work, attend school or worship in Michigan; (2) Alumni of Northwestern Michigan College of Traverse City; (3) individuals who receive retirement, pension social security or other forms of annuities, and who live or belong to a retirement organization which is located near a TBA credit union office; (4) credit union employees, and immediate family of current or deceased credit union members.
See current membership details

Reviews (1)

Loan Denial

We have a $20,000 truck loan witch is paid every month and is current. However we were denied a $2,500 loan for a camper my wifes credit score is 622 we have been dinied 2 or 3 times for a camper loan it dosent make sense. The whole reason for belonging to your credit union was to not be judge by past issues but to look forward to future success. We have been good costumers and have been denied a small camper loan. We minse as well belong to a regular bank. Very disappointed



Health

Health Grade Components

Overall
NCUA #61795
Year Chartered1955
Employees69
Primary Regulator
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD11.24%
Annual Interest Income$13.1MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$346.6MM$344.6MM
LoansQ4 2023vs Q4 2022$230.1MM$205.7MM
DepositsQ4 2023vs Q4 2022$297.8MM$293.8MM
Equity CapitalQ4 2023vs Q4 2022$46.9MM$42.3MM
Loan Loss AllowanceQ4 2023vs Q4 2022$2.6MM$1.4MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$1.2MM$779K
Real Estate OwnedQ4 2023vs Q4 2022$0$69K
Rates
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Always verify rates and promotions with the bank or credit union. We are not TBA 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.

TBA Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%--Tax Deferred Compensation for School Employee
0.40%--IRA Share
0.40%--Roth IRA Share
0.10%*$1k*-Savings Account
OTHER TIERS: 0.05% $1 - $1k
0.10%--Health Savings Account

TBA Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%*$250k*-Business Money Market Account
OTHER TIERS: 1.26% $2.5k - $25k | 1.50% $25k - $100k | 2.02% $100k - $250k
3.03%*$100k*-Money Market Account
OTHER TIERS: 1.00% $2.5k - $25k | 1.26% $25k - $100k

TBA Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.12%-$10kCash Reward Checking
0.25%*$1m*-Business Checking
OTHER TIERS: 0.15% $100k - $1m
0.10%*$25k*$100kNon-Profit Checking
OTHER TIERS: 0.05% $1 - $25k

TBA Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.30%$500-6 Month CD w/Direct Deposit
5.30%$10k-12 Month CD Special w/Direct Deposit
5.10%$500-6 Month CD
5.10%$10k-12 Month CD Special
4.27%$250-6 Month Add On CD w/Direct Deposit
4.06%$250-6 Month Add On CD
3.24%$500-12 Month CD w/Direct Deposit
3.03%$500-12 Month CD
2.73%$500-24 Month CD w/Direct Deposit
2.52%$500-24 Month CD
2.22%$500-36 Month CD w/Direct Deposit
2.22%$500-48 Month CD w/Direct Deposit
2.22%$500-60 Month CD w/Direct Deposit
2.02%$500-36 Month CD
2.02%$500-48 Month CD
2.02%$500-60 Month CD

TBA Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.30%$500-6 Month IRA w/Direct Deposit
5.30%$10k-12 Month IRA Special w/Direct Deposit
5.10%$500-6 Month IRA
5.10%$10k-12 Month IRA Special
4.27%$250-6 Month Add On IRA w/Direct Deposit
4.06%$250-6 Month Add On IRA
3.24%$500-12 Month IRA w/Direct Deposit
3.03%$500-12 Month IRA
2.73%$500-24 Month IRA w/Direct Deposit
2.52%$500-24 Month IRA
2.22%$500-36 Month IRA w/Direct Deposit
2.22%$500-48 Month IRA w/Direct Deposit
2.22%$500-60 Month IRA w/Direct Deposit
2.02%$500-36 Month IRA
2.02%$500-48 Month IRA
2.02%$500-60 Month IRA
Locations


TBA Credit Union Locations
Branch Office2900 W South Airport RdTraverse City, MI 49684-4611
Corporate Office630 E Front StTraverse City, MI 49686-2618

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