OAKLAND COUNTY

44575 W. Twelve Mile Rd
Novi, MI 48377

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 61522
Date Established 1953
Assets $912.19 million
Loans $648.83 million
Deposits $780.94 million
Capital $115.49 million

Oakland County is an NCUA insured institution located in Novi, MI. It was founded in 1953 and has approximately $912.19 millions in assets.

Who can join?

Anyone who resides, works, or worships in Oakland County is eligible for membership.

Field of Membership Restrictions

Membership is open to those who live, worship or work in Southeastern Michigan.

Deposit Rates - October 15, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $1 $4,999 Learn MoreShow Less
Money Market
0.30% $5,000 $24,999 Learn MoreShow Less
Money Market
0.40% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.40% $2,500 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.51% $500 $99,999 Learn MoreShow Less
Special: 18 Mo FIRA
2.01% $500 $99,999 Learn MoreShow Less
Special: 18 Mo FIRA
2.07% $100,000 $249,999 Learn MoreShow Less
Special: 18 Mo FIRA
2.12% $250,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
1.00% $500 $99,999 Learn MoreShow Less
1.51% $500 $99,999 Learn MoreShow Less
Special: 18 Mo CD
2.01% $500 $99,999 Learn MoreShow Less
2.01% $500 $99,999 Learn MoreShow Less
Special: 18 Mo CD
2.07% $100,000 $249,999 Learn MoreShow Less
Special: 18 Mo CD
2.12% $250,000 - Learn MoreShow Less
2.01% $500 $99,999 Learn MoreShow Less
2.17% $500 $99,999 Learn MoreShow Less
2.27% $500 $99,999 Learn MoreShow Less
2.47% $500 $99,999 Learn MoreShow Less
2.68% $500 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 - Learn MoreShow Less

Loan Rates - October 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for OAKLAND COUNTY

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
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.536% 3.500% 0.50 $1,130 $1,123 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
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

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



Branches

Below are Oakland County 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:
Fairfield,Connecticut


Oakland County Locations


Financial Details

Oakland County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Oakland County. 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
Oakland County U.S. Average
2.58% 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, Oakland County had $2,887,903 in non-current loans and $148,254 in owned assets. To cover these potential losses it had $115,485,830 in net worth and $1,994,688 in loans loss reserves. That gives it a Texas Ratio of 2.58%.

Net Worth
Oakland County U.S. Average
12.66% 13.65%

Oakland County FCU has a net worth of 12.66% 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 Oakland County

Branches and Savings

What is Oakland County?

A federal credit union, registered with the NCUA under certificate #61522.
Learn more about credit unions here.

Is Oakland County 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 Oakland County?

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

What are Oakland County's share account and share certificate rates?

Oakland County'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 Oakland County?

Oakland County has total capital of $115.49 million. Full information on Oakland County's financial position is located above.

Who owns Oakland County?

Credit Unions are owned by their members.

Where are Oakland County branches located?

See branch locations nearby.

Are Oakland County ATMs Open 24/7?

Do Oakland County ATMs accept cash deposits?

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

Does Oakland County have a mobile app?

Does Oakland County have mobile deposit?

Does Oakland County have quick pay?

How can Oakland County transfer money to other banks or credit unions?

Does Oakland County report to credit bureaus?

Does Oakland County use Chexsystems?

Does Oakland County use Equifax?

What is Oakland County's toll free phone number?

What is Oakland County's ACH Routing Number?

What is Oakland County's SWIFT code?

Where can I find Oakland County's wire transfer form?

What is the Oakland County address for deposits?

What Products Does Oakland County Offer

Does Oakland County offer mortgages?

Compare mortgage rates here.

Does Oakland County offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Oakland County offer auto and RV loans?

Compare auto loan rates here.

Does Oakland County offer student loans or personal loans?

Compare personal loan rates here.

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