MICHIGAN ONE COMMUNITY

510 S DEXTER ST
Ionia, MI 48846

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 62169
Date Established 1954
Assets $127.15 million
Loans $100.23 million
Deposits $112.08 million
Capital $12.02 million
 

Michigan One Community is an NCUA insured institution located in Ionia, MI. It was founded in 1954 and has approximately $127.15 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, or worship in Ionia, Gratiot, Montcalm, Clinton, Barry, Kent, or Eaton Counties in Michigan. Membership is also open to those 55 or older who receive retirement or pension or government sources and live in served counties.

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $1,000 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.75% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.92% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
2.02% $25,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.10% $500 - Learn MoreShow Less
12 Mo CD
1.92% $500 - Learn MoreShow Less
Special: 12 Mo CD
2.02% $25,000 - Learn MoreShow Less
18 Mo CD
1.92% $500 - Learn MoreShow Less
24 Mo CD
2.02% $500 - Learn MoreShow Less
30 Mo CD
2.02% $500 - Learn MoreShow Less
36 Mo CD
2.32% $500 - Learn MoreShow Less
48 Mo CD
2.42% $500 - Learn MoreShow Less
60 Mo CD
2.53% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.75% $100 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,500 $9,999 Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MICHIGAN ONE COMMUNITY

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
3.523% 3.500% 0.25 $732 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 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
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
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

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



Branches

Below are Michigan One Community 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


Michigan One Community Locations


Financial Details

Michigan One Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Michigan One Community. 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
Michigan One Community U.S. Average
6.10% 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, Michigan One Community had $755,699 in non-current loans and $21,428 in owned assets. To cover these potential losses it had $12,024,649 in net worth and $706,502 in loans loss reserves. That gives it a Texas Ratio of 6.10%.

Net Worth
Michigan One Community U.S. Average
9.45% 13.65%

Michigan One Community FCU has a net worth of 9.45% 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 Michigan One Community

Branches and Savings

What is Michigan One Community?

A federal credit union, registered with the NCUA under certificate #62169.
Learn more about credit unions here.

Is Michigan One Community 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 Michigan One Community?

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

What are Michigan One Community's share account and share certificate rates?

Michigan One Community'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 Michigan One Community?

Michigan One Community has total capital of $12.02 million. Full information on Michigan One Community's financial position is located above.

Who owns Michigan One Community?

Credit Unions are owned by their members.

Where are Michigan One Community branches located?

See branch locations nearby.

Are Michigan One Community ATMs Open 24/7?

Do Michigan One Community ATMs accept cash deposits?

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

Does Michigan One Community have a mobile app?

Does Michigan One Community have mobile deposit?

Does Michigan One Community have quick pay?

How can Michigan One Community transfer money to other banks or credit unions?

Does Michigan One Community report to credit bureaus?

Does Michigan One Community use Chexsystems?

Does Michigan One Community use Equifax?

What is Michigan One Community's toll free phone number?

What is Michigan One Community's ACH Routing Number?

What is Michigan One Community's SWIFT code?

Where can I find Michigan One Community's wire transfer form?

What is the Michigan One Community address for deposits?

What Products Does Michigan One Community Offer

Does Michigan One Community offer mortgages?

Compare mortgage rates here.

Does Michigan One Community offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Michigan One Community offer auto and RV loans?

Compare auto loan rates here.

Does Michigan One Community offer student loans or personal loans?

Compare personal loan rates here.

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