GREAT LAKES FIRST

Headquarters

2110 3RD AVE N
Escanaba, MI 49829
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.91% →
1-Year CD 0.60% 0.85% →
2-Year CD 0.85% 0.95% →
5-Year CD 1.25% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Great Lakes First is an NCUA insured institution located in Escanaba, MI. It was founded in 1949 and has approximately $75.74 millions in assets.

NCUA Insured Yes
Charter Number # # 6102
Date Established 1949
Assets $75.74 million
Loans $35.96 million
Deposits $66.22 million
Capital $8.51 million
 

Field of Membership Restrictions

Must live, work, worship or attend school in Delta County, the townships of Bay de Noc, Brampton, Ensign or Masonville or within a 4 mile radius of the post office located in Gladstone, Michigan. Also open to employees of Harnischfeger Corporation in Escanaba, Michigan or several other organizations.

Deposit Rates - December 1, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.70% $10,000 $14,999 Learn More
18 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
30 Mo CD
0.90% $10,000 $14,999 Learn More
30 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - December 1, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for GREAT LAKES FIRST

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.560% 2.500% 0.75 $1,980 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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


 

Branches

Below are Great Lakes First 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


Great Lakes First Locations


Financial Details

Great Lakes First Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Great Lakes First. 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
Great Lakes First U.S. Average
7.69% 6.71

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 30, 2020, Great Lakes First had $673,598 in non-current loans and $5,750 in owned assets. To cover these potential losses it had $8,511,293 in net worth and $321,440 in loans loss reserves. That gives it a Texas Ratio of 7.69%.

Net Worth
Great Lakes First U.S. Average
11.23% 13.61%

Great Lakes First FCU has a net worth of 11.23% versus the BestCashCow average of 13.61. 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 Great Lakes First

Branches and Savings

What is Great Lakes First?

A federal credit union, registered with the NCUA under certificate #6102.
Learn more about credit unions here.

Is Great Lakes First 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 Great Lakes First?

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

What are Great Lakes First's share account and share certificate rates?

Great Lakes First'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 Great Lakes First?

Great Lakes First has total capital of $8.51 million. Full information on Great Lakes First's financial position is located above.

Who owns Great Lakes First?

Credit Unions are owned by their members.

Where are Great Lakes First branches located?

See branch locations nearby.

Are Great Lakes First ATMs Open 24/7?

Do Great Lakes First ATMs accept cash deposits?

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

Does Great Lakes First have a mobile app?

Does Great Lakes First have mobile deposit?

Does Great Lakes First have quick pay?

How can Great Lakes First transfer money to other banks or credit unions?

Does Great Lakes First report to credit bureaus?

Does Great Lakes First use Chexsystems?

Does Great Lakes First use Equifax?

What is Great Lakes First's toll free phone number?

What is Great Lakes First's ACH Routing Number?

What is Great Lakes First's SWIFT code?

Where can I find Great Lakes First's wire transfer form?

What is the Great Lakes First address for deposits?

What Products Does Great Lakes First Offer

Does Great Lakes First offer mortgages?

Compare mortgage rates here.

Does Great Lakes First offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Great Lakes First offer auto and RV loans?

Compare auto loan rates here.

Does Great Lakes First offer student loans or personal loans?

Compare personal loan rates here.

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