Service 1 Federal Credit Union


P.o Box 810
Muskegon, MI 49443
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.60% 0.75% →
2-Year CD 0.70% 0.80% →
5-Year CD 1.00% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Service 1 is an NCUA insured institution located in Muskegon, MI. It was founded in 1940 and has approximately $187.18 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 4038
Date Established 1940
Assets $187.18 million
Loans $118.07 million
Deposits $161.10 million
Capital $25.31 million

Field of Membership Restrictions

Must be an employee of one of the several select companies from the Muskegon, Mobile and Neosho area.

Deposit Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
0.85% $10,000 $14,999 Learn More
48 Mo CD
0.85% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
0.25% $1 $499 Learn MoreShow Less

Loan Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for SERVICE 1

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 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
First Internet Bank
NMLS ID: 424182
2.946% 2.875% 0.88 $2,280 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to SERVICE 1
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Service 1 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:

Service 1 Locations

Climate Initiatives

SERVICE 1 is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Service 1 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Service 1. 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
Service 1 U.S. Average
1.23% 3.79

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, 2021, Service 1 had $248,571 in non-current loans and $72,000 in owned assets. To cover these potential losses it had $25,312,137 in net worth and $645,538 in loans loss reserves. That gives it a Texas Ratio of 1.23%.

Net Worth
Service 1 U.S. Average
13.52% 12.22%

Service 1 FCU has a net worth of 13.52% versus the BestCashCow average of 12.22. 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 Service 1

Branches and Savings

What is Service 1?

A federal credit union, registered with the NCUA under certificate #4038.
Learn more about credit unions here.

Is Service 1 FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Service 1 is insured by the NCUA.

Who can join Service 1?

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

What are Service 1's share account and share certificate rates?

Service 1'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 Service 1?

Service 1 has total capital of $25.31 million. Full information on Service 1's financial position is located above.

Who owns Service 1?

Credit Unions are owned by their members.

Where are Service 1 branches located?

See branch locations nearby.

Are Service 1 ATMs Open 24/7?

Do Service 1 ATMs accept cash deposits?

Can Service 1 customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Service 1 have a mobile app?

Does Service 1 have mobile deposit?

Does Service 1 have quick pay?

How can Service 1 transfer money to other banks or credit unions?

Does Service 1 report to credit bureaus?

Does Service 1 use Chexsystems?

Does Service 1 use Equifax?

What is Service 1's toll free phone number?

What is Service 1's ACH Routing Number?

What is Service 1's SWIFT code?

Where can I find Service 1's wire transfer form?

What is the Service 1 address for deposits?

What Products Does Service 1 Offer

Does Service 1 offer mortgages?

Compare mortgage rates here.

Does Service 1 offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Service 1 offer auto and RV loans?

Compare auto loan rates here.

Does Service 1 offer student loans or personal loans?

Compare personal loan rates here.

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