Blue Water Federal Credit Union

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A short history of Blue Water FCU

Since its inception in 1959 the Blue Water Federal Credit Union has been serving its members in the PORT HURON, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Kim Steele, the Blue Water FCU has grown its membership to over 1,354 with assets of more than $14,390,413. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (810) 985-6993 or email them at bwfcreditunion@advnet.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PORT HURON, MI.

General Information For Blue Water FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12906
Address 526 WATER ST RM 113 
City PORT HURON 
State Michigan 
Zip-Code 48060
Phone Number (810) 985-6993
Fax Number (810) 985-4039
Email Address: bwfcreditunion@advnet.net
CEO/President Kim Steele
Members 1,354 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 14,390,413 
Website http://bluewaterfcu.com 

Compare Blue Water Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Advia CU Portage 901 E Milham Ave 49002 (269) 382-9845 No 1.78
Flagship Community CU Flagship Community FCU 3910 Lapeer Rd 48060 (810) 982-8575 No 2.34
Riverview Community CU Riverview Community FCU 1935 Fred W Moore Hwy 48079 (810) 329-6638 No 11.97
Belle River Community CU Belle River Community 10636 Gratiot Ave 48062 (586) 727-6855 No 18.29

Blue Water Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Blue Water Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.96 2.75 3.31 4.08 3.85
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 456 115 125 152 84
Rank Among All Michigan Credit Unions 83 28 32 36 10

Blue Water Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.25 0.35 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 105 293 158
Rank Among All Michigan Credit Unions N/A 16 21 66 26
Blue Water Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.960202287,470
All Other Unsecured Loans/Lines of Credit 10.100205614,941
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.750531,019,186
Used Vehicle Loans 3.310921,047,053
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0808973,988
Total Other Real Estate Loans/Lines of Credit 3.850904,653,024
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.590897,878
TOTAL LOANS & LEASES 6588,693,540

Blue Water Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 7861,37600
    b. 15 Years or less 1112,61200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 904,653,0246415,652
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 985,627,0126415,652

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Blue Water Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes