Thunder Bay Area Credit Union is headquartered in Alpena and is the 185th largest credit union in the state of Michigan. It is also the 3,251st largest credit union in the nation. It was established in 1958 and as of September of 2016, it had grown to 6 employees and 2,919 members at 1 location. Thunder Bay Area Credit Union has a C+ health rating.
Membership is open to those who live or work in Alpena County in Michigan, anyone over the age of 55 receiving retirement payments and lives in Alpena or a contiguous county.
See current membership details
|Return on Assets - YTD||0.32%|
|Return on Equity - YTD||3.4%|
|Annual Interest Income||$511.00K|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$23.3MM$22.2MM|
|Loans||Q3 2016vs Q3 2015||$13.3MM$12.2MM|
|Deposits||Q3 2016vs Q3 2015||$21.1MM$20.1MM|
|Equity Capital||Q3 2016vs Q3 2015||$2.2MM$2.1MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$84.00K$54.00K|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$119.00K$19.00K|
|Real Estate Owned||Q3 2016vs Q3 2015||$130.00K$130.00K|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.40%||-||-||IRA Share Account|
|0.20%*||$50k*||-||Special Deposit Account|
|OTHER TIERS: 0.10% → $2k - $20k | 0.15% → $20k - $50k|
|0.10%||-||-||Share Savings Account|
|Thunder Bay Area Credit Union Locations|
|Branch Office||417 W Chisholm St||Alpena, MI 49707|