PO BOX 6160
Saginaw, MI 48608
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.55% →
1-Year CD 0.85% 1.35% →
2-Year CD 1.00% 1.45% →
5-Year CD 1.60% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Saginaw Medical is an NCUA insured institution located in Saginaw, MI. It was founded in 1970 and has approximately $138.4 millions in assets.

NCUA Insured Yes
Charter Number # # 20007
Date Established 1970
Assets $138.40 million
Loans $95.90 million
Deposits $120.66 million
Capital $16.90 million

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 - June 5, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $250 - Learn More
Money Market
0.15% $2,500 $9,999 Learn More
Money Market
0.25% $10,000 $99,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $500 - Learn More
Special: 12 Mo CD
0.85% $25 - Learn More
12 Mo CD
0.85% $500 - Learn More
Special: 18 Mo CD
1.05% $500 - Learn More
24 Mo CD
1.00% $500 - Learn More
36 Mo CD
1.35% $500 - Learn More
48 Mo CD
1.50% $500 - Learn More
60 Mo CD
1.60% $500 - Learn More
Variable IRA Rates APY MIN MAX
0.15% $1 $9,999 Learn MoreShow Less
Fixed IRA
0.85% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $10,000 - Learn MoreShow Less

Loan Rates - June 5, 2020

Your Current Location: Connecticut, CT 06828

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 - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
3.019% 3.000% 0.25 $625 $1,055 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$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 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:

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
0.46% 5.92

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 September 30, 2019, Saginaw Medical had $75,743 in non-current loans and $3,205 in owned assets. To cover these potential losses it had $16,899,118 in net worth and $364,679 in loans loss reserves. That gives it a Texas Ratio of 0.46%.

Net Worth
Saginaw Medical U.S. Average
12.21% 13.86%

Saginaw Medical FCU has a net worth of 12.21% versus the BestCashCow average of 13.86. 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 $16.90 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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