Ferndale, MI 48220

Notable Rates APY Vs.Others
Savings 0.05% 2.20% →
1-Year CD 1.46% 2.20% →
2-Year CD 1.66% 2.20% →
5-Year CD 2.27% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Credit Union Information

Credit Union One is an NCUA insured institution located in Ferndale, MI. It was founded in 1938 and has approximately $1443.08 millions in assets.

Who can join?

Field of membership is open to everyone

One must...

Open a Regular Share Savings quickly online with a minimum $6.00 initial deposit
$1.00 goes toward a one-time membership fee.

NCUA Insured Yes
Charter Number # # 62562
Date Established 1938
Assets $1,443.08 million
Loans $1,121.69 million
Deposits $1,288.94 million
Capital $117.34 million

Field of Membership Restrictions

Membership in Credit Union One of Michigan is open to anyone who lives, works, attends school or worships in the state of Michigan.

Deposit Rates - February 23, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $2,500 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
0.80% $2,500 $24,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.35% $2,500 $24,999 Learn MoreShow Less
3 Mo CD
0.45% $100,000 - Learn MoreShow Less
0.45% $2,500 $24,999 Learn MoreShow Less
6 Mo CD
0.80% $100,000 - Learn MoreShow Less
0.80% $2,500 $24,999 Learn MoreShow Less
12 Mo CD
1.46% $100,000 - Learn MoreShow Less
1.11% $2,500 $24,999 Learn MoreShow Less
18 Mo CD
1.56% $100,000 - Learn MoreShow Less
1.21% $2,500 $24,999 Learn MoreShow Less
24 Mo CD
1.66% $100,000 - Learn MoreShow Less
1.46% $2,500 $24,999 Learn MoreShow Less
36 Mo CD
1.87% $100,000 - Learn MoreShow Less
1.66% $2,500 $24,999 Learn MoreShow Less
48 Mo CD
2.07% $100,000 - Learn MoreShow Less
1.87% $2,500 $24,999 Learn MoreShow Less
60 Mo CD
2.27% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.15% $5 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $5,000 $7,499 Learn MoreShow Less

Loan Rates - February 23, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CREDIT UNION ONE

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.284% 3.250% 0.38 $1,070 $1,089 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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


Below are Credit Union One 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:

Credit Union One Locations

Financial Details

Credit Union One Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Credit Union One. 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
Credit Union One U.S. Average
5.66% 5.86

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 June 30, 2019, Credit Union One had $6,049,262 in non-current loans and $849,295 in owned assets. To cover these potential losses it had $117,341,004 in net worth and $4,463,293 in loans loss reserves. That gives it a Texas Ratio of 5.66%.

Net Worth
Credit Union One U.S. Average
9.28% 13.65%

Credit Union One FCU has a net worth of 9.28% versus the BestCashCow average of 13.65. 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 Credit Union One

Branches and Savings

What is Credit Union One?

A federal credit union, registered with the NCUA under certificate #62562.
Learn more about credit unions here.

Is Credit Union One 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 Credit Union One?

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

What are Credit Union One's share account and share certificate rates?

Credit Union One'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 Credit Union One?

Credit Union One has total capital of $117.34 million. Full information on Credit Union One's financial position is located above.

Who owns Credit Union One?

Credit Unions are owned by their members.

Where are Credit Union One branches located?

See branch locations nearby.

Are Credit Union One ATMs Open 24/7?

Do Credit Union One ATMs accept cash deposits?

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

Does Credit Union One have a mobile app?

Does Credit Union One have mobile deposit?

Does Credit Union One have quick pay?

How can Credit Union One transfer money to other banks or credit unions?

Does Credit Union One report to credit bureaus?

Does Credit Union One use Chexsystems?

Does Credit Union One use Equifax?

What is Credit Union One's toll free phone number?

What is Credit Union One's ACH Routing Number?

What is Credit Union One's SWIFT code?

Where can I find Credit Union One's wire transfer form?

What is the Credit Union One address for deposits?

What Products Does Credit Union One Offer

Does Credit Union One offer mortgages?

Compare mortgage rates here.

Does Credit Union One offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Credit Union One offer auto and RV loans?

Compare auto loan rates here.

Does Credit Union One offer student loans or personal loans?

Compare personal loan rates here.

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