Tower Family Credit Union is headquartered in Kalamazoo and is the 219th largest credit union in the state of Michigan. It is also the 4,357th largest credit union in the nation. It was established in 1928 and as of June of 2017, it had grown to 2 employees and 1,057 members at 1 location. Tower Family Credit Union has a C+ health rating.
Membership is open to employees in a mental, medical or physical health facility in Kalamazoo County, Michigan. Membership is also open to those who are age 55 or over who receive retirement payments and live in Kalamazoo County.
See current membership details
|Return on Assets - YTD||-0.51%|
|Return on Equity - YTD||-6.17%|
|Annual Interest Income||$107.00K|
|Assets and Liabilities|
|Assets||Q2 2017vs Q2 2016||$8.7MM$8.5MM|
|Loans||Q2 2017vs Q2 2016||$2.0MM$2.1MM|
|Deposits||Q2 2017vs Q2 2016||$7.9MM$7.7MM|
|Equity Capital||Q2 2017vs Q2 2016||$713.00K$738.00K|
|Loan Loss Allowance||Q2 2017vs Q2 2016||$37.00K$33.00K|
|Unbacked Noncurrent Loans||Q2 2017vs Q2 2016||$31.00K$44.00K|
|Real Estate Owned||Q2 2017vs Q2 2016||$0$0|
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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|
|0.50%||-||-||Traditional IRA Shares|
|0.50%||-||-||Christmas Club Account|
|0.50%||-||-||Vacation Club Account|
|0.50%||-||-||Roth IRA Shares|
|0.23%*||$50k*||-||Vari Share Savings Account|
|OTHER TIERS: 0.10% → $100 - $25k | 0.16% → $25k - $50k|
|0.10%||-||-||Regular Share Account|
|Tower Family Credit Union Locations|
|Branch Office||3302 Mindi Ln||Kalamazoo, MI 49001-4897|