2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 62217
Date Established 1937
Assets $150.85 million
Loans $99.74 million
Deposits $119.46 million
Capital $29.48 million

Aac is an NCUA insured institution located in Grand Rapids, MI. It was founded in 1937 and has approximately $150.85 millions in assets.

Field of Membership Restrictions

Membership in AAC Credit Union is open to the following: (1) those who live, work, worship or attend school in Allegan, Barry, Ionia, Kent, Muskegon, and Ottawa Counties in Michigan; (2) those involved in the manufacturing or the sale of furniture in the listed counties; (3) any person who receives retirement payments who live within a 25-mile radius of the credit union's main office or within Kent County and the adjacent counties.

Deposit Rates - August 19, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,000 $10,000 Learn MoreShow Less
Money Market
0.30% $10,001 $25,000 Learn MoreShow Less
Money Market
0.35% $25,001 $50,000 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $500 - Learn MoreShow Less
Special: 13 Mo FIRA
2.50% $500 - Learn MoreShow Less
Special: 25 Mo FIRA
2.55% $500 - Learn MoreShow Less
Special: 60 Mo FIRA
2.75% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $500 - Learn MoreShow Less
12 Mo CD
0.75% $500 - Learn MoreShow Less
Special: 13 Mo CD
2.50% $500 - Learn MoreShow Less
18 Mo CD
1.00% $500 - Learn MoreShow Less
Special: 21 Mo CD
2.47% $500 - Learn MoreShow Less
24 Mo CD
1.25% $500 - Learn MoreShow Less
Special: 25 Mo CD
2.55% $500 - Learn MoreShow Less
Special: 30 Mo CD
2.50% $500 - Learn MoreShow Less
36 Mo CD
1.35% $500 - Learn MoreShow Less
48 Mo CD
1.50% $500 - Learn MoreShow Less
Special: 60 Mo CD
2.75% $500 - Learn MoreShow Less
60 Mo CD
2.75% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.01% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $2,000 $9,999 Learn MoreShow Less

Loan Rates - August 19, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for AAC

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.530% 3.500% 0.38 $940 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
3.641% 3.625% 0.25 $502 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to AAC
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Aac branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Aac Locations


Financial Details

Aac Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Aac. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Aac U.S. Average
4.16% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Aac had $1,273,431 in non-current loans and $0 in owned assets. To cover these potential losses it had $29,480,511 in net worth and $1,156,634 in loans loss reserves. That gives it a Texas Ratio of 4.16%.

Net Worth
Aac U.S. Average
19.54% 13.47%

Aac FCU has a net worth of 19.54% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Aac

Branches and Savings

What is Aac?

A federal credit union, registered with the NCUA under certificate #62217.
Learn more about credit unions here.

Is Aac FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Aac?

Please see Field of Membership information above for information on who is eligible to join.

What are Aac's share account and share certificate rates?

Aac's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Aac?

Aac has total capital of $29.48 million. Full information on Aac's financial position is located above.

Who owns Aac?

Credit Unions are owned by their members.

Where are Aac branches located?

See branch locations nearby.

Are Aac ATMs Open 24/7?

Do Aac ATMs accept cash deposits?

Can Aac customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Aac have a mobile app?

Does Aac have mobile deposit?

Does Aac have quick pay?

How can Aac transfer money to other banks or credit unions?

Does Aac report to credit bureaus?

Does Aac use Chexsystems?

Does Aac use Equifax?

What is Aac's toll free phone number?

What is Aac's ACH Routing Number?

What is Aac's SWIFT code?

Where can I find Aac's wire transfer form?

What is the Aac address for deposits?

What Products Does Aac Offer

Does Aac offer mortgages?

Compare mortgage rates here.

Does Aac offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Aac offer auto and RV loans?

Compare auto loan rates here.

Does Aac offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Aac

There are currently no comments for Aac. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →