DOWAGIAC AREA

473 E DIVISION ST
Dowagiac, MI 49047

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 21070
Date Established 1972
Assets $17.51 million
Loans $8.87 million
Deposits $15.81 million
Capital $1.60 million

Dowagiac Area is an NCUA insured institution located in Dowagiac, MI. It was founded in 1972 and has approximately $17.51 millions in assets.

Deposit Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $1,000 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.20% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.33% $500 $9,999,999 Learn MoreShow Less
Fixed IRA
1.33% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.28% $500 - Learn MoreShow Less
1.28% $500 $9,999,999 Learn MoreShow Less
1.33% $500 $9,999,999 Learn MoreShow Less
12 Mo CD
1.33% $500 - Learn MoreShow Less
1.11% $500 $9,999,999 Learn MoreShow Less
36 Mo CD
1.11% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.65% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $200 - Learn MoreShow Less

Loan Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DOWAGIAC AREA

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.408% 3.375% 0.38 $1,020 $1,106 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% 0.00 ($98) $1,158 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

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
3.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to DOWAGIAC AREA
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Branches

Below are Dowagiac Area 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:
Fairfield,Connecticut


Dowagiac Area Locations


Financial Details

Dowagiac Area Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Dowagiac Area. 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
Dowagiac Area U.S. Average
2.73% 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, Dowagiac Area had $9,419 in non-current loans and $35,251 in owned assets. To cover these potential losses it had $1,600,935 in net worth and $37,342 in loans loss reserves. That gives it a Texas Ratio of 2.73%.

Net Worth
Dowagiac Area U.S. Average
9.14% 13.65%

Dowagiac Area FCU has a net worth of 9.14% 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 Dowagiac Area

Branches and Savings

What is Dowagiac Area?

A federal credit union, registered with the NCUA under certificate #21070.
Learn more about credit unions here.

Is Dowagiac Area 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 Dowagiac Area?

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

What are Dowagiac Area's share account and share certificate rates?

Dowagiac Area'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 Dowagiac Area?

Dowagiac Area has total capital of $1.60 million. Full information on Dowagiac Area's financial position is located above.

Who owns Dowagiac Area?

Credit Unions are owned by their members.

Where are Dowagiac Area branches located?

See branch locations nearby.

Are Dowagiac Area ATMs Open 24/7?

Do Dowagiac Area ATMs accept cash deposits?

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

Does Dowagiac Area have a mobile app?

Does Dowagiac Area have mobile deposit?

Does Dowagiac Area have quick pay?

How can Dowagiac Area transfer money to other banks or credit unions?

Does Dowagiac Area report to credit bureaus?

Does Dowagiac Area use Chexsystems?

Does Dowagiac Area use Equifax?

What is Dowagiac Area's toll free phone number?

What is Dowagiac Area's ACH Routing Number?

What is Dowagiac Area's SWIFT code?

Where can I find Dowagiac Area's wire transfer form?

What is the Dowagiac Area address for deposits?

What Products Does Dowagiac Area Offer

Does Dowagiac Area offer mortgages?

Compare mortgage rates here.

Does Dowagiac Area offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dowagiac Area offer auto and RV loans?

Compare auto loan rates here.

Does Dowagiac Area offer student loans or personal loans?

Compare personal loan rates here.

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