MUSKEGON CO OP

1051 PECK ST
Muskegon, MI 49440

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 5982
Date Established 1949
Assets $64.44 million
Loans $53.34 million
Deposits $55.82 million
Capital $8.31 million

Muskegon Co Op is an NCUA insured institution located in Muskegon, MI. It was founded in 1949 and has approximately $64.44 millions in assets.

Field of Membership Restrictions

Membership is open to those who live or work in Muskegon, Oceana, Ottawa or Newaygo County and are members of Muskegon Co-operative Services. Muskegon Co-operative Services is open to everyone who live and work in those counties.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.00% $2,500 $19,999 Learn MoreShow Less
Money Market
1.10% $20,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.60% $500 - Learn MoreShow Less
6 Mo CD
1.70% $500 - Learn MoreShow Less
12 Mo CD
2.00% $500 - Learn MoreShow Less
2.00% $500 $9,999,999 Learn MoreShow Less
18 Mo CD
2.25% $500 - Learn MoreShow Less
2.10% $500 $9,999,999 Learn MoreShow Less
24 Mo CD
2.30% $500 - Learn MoreShow Less
30 Mo CD
2.20% $500 - Learn MoreShow Less
2.40% $500 $9,999,999 Learn MoreShow Less
36 Mo CD
2.50% $500 - Learn MoreShow Less
2.55% $500 $9,999,999 Learn MoreShow Less
48 Mo CD
2.75% $500 - Learn MoreShow Less
2.75% $500 $9,999,999 Learn MoreShow Less
60 Mo CD
3.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.70% $300 - Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MUSKEGON CO OP

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
First Internet Bank
NMLS ID: 424182
3.657% 3.625% 0.38 $980 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.522% 3.500% 0.25 $675 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 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
4.240 %
$0 Learn More
More Info

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



Branches

Below are Muskegon Co Op 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


Muskegon Co Op Locations


Financial Details

Muskegon Co Op Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Muskegon Co Op. 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
Muskegon Co Op U.S. Average
4.56% 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, Muskegon Co Op had $360,638 in non-current loans and $36,296 in owned assets. To cover these potential losses it had $8,310,689 in net worth and $389,137 in loans loss reserves. That gives it a Texas Ratio of 4.56%.

Net Worth
Muskegon Co Op U.S. Average
12.89% 13.47%

Muskegon Co Op FCU has a net worth of 12.89% 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 Muskegon Co Op

Branches and Savings

What is Muskegon Co Op?

A federal credit union, registered with the NCUA under certificate #5982.
Learn more about credit unions here.

Is Muskegon Co Op 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 Muskegon Co Op?

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

What are Muskegon Co Op's share account and share certificate rates?

Muskegon Co Op'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 Muskegon Co Op?

Muskegon Co Op has total capital of $8.31 million. Full information on Muskegon Co Op's financial position is located above.

Who owns Muskegon Co Op?

Credit Unions are owned by their members.

Where are Muskegon Co Op branches located?

See branch locations nearby.

Are Muskegon Co Op ATMs Open 24/7?

Do Muskegon Co Op ATMs accept cash deposits?

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

Does Muskegon Co Op have a mobile app?

Does Muskegon Co Op have mobile deposit?

Does Muskegon Co Op have quick pay?

How can Muskegon Co Op transfer money to other banks or credit unions?

Does Muskegon Co Op report to credit bureaus?

Does Muskegon Co Op use Chexsystems?

Does Muskegon Co Op use Equifax?

What is Muskegon Co Op's toll free phone number?

What is Muskegon Co Op's ACH Routing Number?

What is Muskegon Co Op's SWIFT code?

Where can I find Muskegon Co Op's wire transfer form?

What is the Muskegon Co Op address for deposits?

What Products Does Muskegon Co Op Offer

Does Muskegon Co Op offer mortgages?

Compare mortgage rates here.

Does Muskegon Co Op offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Muskegon Co Op offer auto and RV loans?

Compare auto loan rates here.

Does Muskegon Co Op offer student loans or personal loans?

Compare personal loan rates here.

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