SAGINAW MEDICAL

PO BOX 6160
Saginaw, MI 48608

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 20007
Date Established 1970
Assets $139.60 million
Loans $95.51 million
Deposits $121.49 million
Capital $16.58 million

Saginaw Medical is an NCUA insured institution located in Saginaw, MI. It was founded in 1970 and has approximately $139.6 millions in assets.

Field of Membership Restrictions

Eligible if you are employed by, retired from or provide volunteer services to any business connected with the health care field in the Saginaw area.

Deposit Rates - October 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.45% $10,000 $99,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.92% $500 - Learn MoreShow Less
Special: 28 Mo FIRA
2.55% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.31% $500 - Learn MoreShow Less
Special: 12 Mo CD
1.67% $25 - Learn MoreShow Less
12 Mo CD
1.92% $500 - Learn MoreShow Less
24 Mo CD
2.30% $500 - Learn MoreShow Less
Special: 28 Mo CD
2.55% $500 - Learn MoreShow Less
36 Mo CD
2.58% $500 - Learn MoreShow Less
48 Mo CD
2.74% $500 - Learn MoreShow Less
60 Mo CD
3.01% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $10,000 - Learn MoreShow Less

Loan Rates - October 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for SAGINAW MEDICAL

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
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.536% 3.500% 0.50 $1,130 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
3.660% 3.625% 0.38 $1,090 $1,141 Learn More

Featured - Virginia 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

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



Branches

Below are Saginaw Medical 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


Saginaw Medical Locations


Financial Details

Saginaw Medical Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Saginaw Medical. 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
Saginaw Medical U.S. Average
1.10% 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, Saginaw Medical had $158,817 in non-current loans and $26,835 in owned assets. To cover these potential losses it had $16,584,514 in net worth and $360,394 in loans loss reserves. That gives it a Texas Ratio of 1.10%.

Net Worth
Saginaw Medical U.S. Average
11.88% 13.65%

Saginaw Medical FCU has a net worth of 11.88% 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 Saginaw Medical

Branches and Savings

What is Saginaw Medical?

A federal credit union, registered with the NCUA under certificate #20007.
Learn more about credit unions here.

Is Saginaw Medical 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 Saginaw Medical?

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

What are Saginaw Medical's share account and share certificate rates?

Saginaw Medical'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 Saginaw Medical?

Saginaw Medical has total capital of $16.58 million. Full information on Saginaw Medical's financial position is located above.

Who owns Saginaw Medical?

Credit Unions are owned by their members.

Where are Saginaw Medical branches located?

See branch locations nearby.

Are Saginaw Medical ATMs Open 24/7?

Do Saginaw Medical ATMs accept cash deposits?

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

Does Saginaw Medical have a mobile app?

Does Saginaw Medical have mobile deposit?

Does Saginaw Medical have quick pay?

How can Saginaw Medical transfer money to other banks or credit unions?

Does Saginaw Medical report to credit bureaus?

Does Saginaw Medical use Chexsystems?

Does Saginaw Medical use Equifax?

What is Saginaw Medical's toll free phone number?

What is Saginaw Medical's ACH Routing Number?

What is Saginaw Medical's SWIFT code?

Where can I find Saginaw Medical's wire transfer form?

What is the Saginaw Medical address for deposits?

What Products Does Saginaw Medical Offer

Does Saginaw Medical offer mortgages?

Compare mortgage rates here.

Does Saginaw Medical offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Saginaw Medical offer auto and RV loans?

Compare auto loan rates here.

Does Saginaw Medical offer student loans or personal loans?

Compare personal loan rates here.

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