PO Box 980
Ludington, MI 49431

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 61988
Date Established 1952
Assets $65.43 million
Loans $55.94 million
Deposits $57.27 million
Capital $6.90 million

Safe Harbor is an NCUA insured institution located in Ludington, MI. It was founded in 1952 and has approximately $65.43 millions in assets.

Field of Membership Restrictions

Membership is open to anyone over the age of 55 who received retirement payments and live in Mason County. Membership is also open to employees and members of employer groups located within a 25-mile radius of the credit union's main office.

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.00% $2,000 $4,999 Learn MoreShow Less
Money Market
1.00% $5,000 $19,999 Learn MoreShow Less
Money Market
1.10% $20,000 $99,999 Learn MoreShow Less
Fixed IRA
1.61% $500 $24,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.70% $1,000 - Learn MoreShow Less
12 Mo CD
2.00% $1,000 $24,999 Learn MoreShow Less
24 Mo CD
2.40% $1,000 $24,999 Learn MoreShow Less
36 Mo CD
2.60% $1,000 $24,999 Learn MoreShow Less
48 Mo CD
2.85% $1,000 $24,999 Learn MoreShow Less
60 Mo CD
3.10% $1,000 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.40% $1 - Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for SAFE HARBOR

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
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
NMLS ID: 2890
License#: 13256
3.523% 3.500% 0.25 $732 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% -0.13 ($158) $1,158 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

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


Below are Safe Harbor 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:

Safe Harbor Locations

Financial Details

Safe Harbor Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Safe Harbor. 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
Safe Harbor U.S. Average
6.41% 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, Safe Harbor had $402,824 in non-current loans and $56,458 in owned assets. To cover these potential losses it had $6,896,656 in net worth and $264,171 in loans loss reserves. That gives it a Texas Ratio of 6.41%.

Net Worth
Safe Harbor U.S. Average
10.54% 13.65%

Safe Harbor FCU has a net worth of 10.54% 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 Safe Harbor

Branches and Savings

What is Safe Harbor?

A federal credit union, registered with the NCUA under certificate #61988.
Learn more about credit unions here.

Is Safe Harbor 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 Safe Harbor?

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

What are Safe Harbor's share account and share certificate rates?

Safe Harbor'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 Safe Harbor?

Safe Harbor has total capital of $6.90 million. Full information on Safe Harbor's financial position is located above.

Who owns Safe Harbor?

Credit Unions are owned by their members.

Where are Safe Harbor branches located?

See branch locations nearby.

Are Safe Harbor ATMs Open 24/7?

Do Safe Harbor ATMs accept cash deposits?

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

Does Safe Harbor have a mobile app?

Does Safe Harbor have mobile deposit?

Does Safe Harbor have quick pay?

How can Safe Harbor transfer money to other banks or credit unions?

Does Safe Harbor report to credit bureaus?

Does Safe Harbor use Chexsystems?

Does Safe Harbor use Equifax?

What is Safe Harbor's toll free phone number?

What is Safe Harbor's ACH Routing Number?

What is Safe Harbor's SWIFT code?

Where can I find Safe Harbor's wire transfer form?

What is the Safe Harbor address for deposits?

What Products Does Safe Harbor Offer

Does Safe Harbor offer mortgages?

Compare mortgage rates here.

Does Safe Harbor offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Safe Harbor offer auto and RV loans?

Compare auto loan rates here.

Does Safe Harbor offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Safe Harbor

There are currently no comments for Safe Harbor. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →