Michigan Coastal Credit Union

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A short history of Michigan Coastal CU

Since its inception in 1958 the Michigan Coastal Credit Union has been serving its members in the Muskegon, 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 JACKIE MOINET, the Michigan Coastal CU has grown its membership to over 3,158 with assets of more than $16,431,146. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (231) 777-3620 or email them at info@michigancoastal.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Muskegon, MI.

General Information For Michigan Coastal CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 61631
Address 1086 Creston St 
City Muskegon 
State Michigan 
Zip-Code 49442
Phone Number (231) 777-3620
Fax Number (231) 777-3727
Email Address: info@michigancoastal.com
Members 3,158 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 16,431,146 
Website http://www.michigancoastal.com 

Compare Michigan Coastal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Best Financial CU Best Financial Credit Union 1888 E Sherman Blvd 49444 (231) 733-1329 No 3.87
Service 1 CU Service 1 FCU 1075 E Sherman Blvd 49443 (231) 739-5068 No 4.76
Muskegon Co Op CU Laketon Avenue Branch 1920 E Laketon Ave 49442 (231) 773-4244 No 5.23
West Michigan Postal Service CU Main 800 1st St 49443 (231) 722-3921 No 5.47
Muskegon CU CORPORATE OFFICE 65 W LAKETON AVE 49441 (231) 722-7285 No 5.56

Michigan Coastal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Michigan Coastal 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 8.49 4.50 5.50 4.75 6.80
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 121 341 384 238 416
Rank Among All Michigan Credit Unions 15 101 94 70 81

Michigan Coastal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.50 1.75 0.71
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 143 60 61 198
Rank Among All Michigan Credit Unions N/A 19 8 8 41
Michigan Coastal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.4903691,152,615
All Other Unsecured Loans/Lines of Credit 12.5003611,311,235
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.50026430,621
Used Vehicle Loans 5.5004493,688,896
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.750463,840,951
Total Other Real Estate Loans/Lines of Credit 6.8004133,282
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.2001011,587,528
TOTAL LOANS & LEASES 1,35612,145,128

Michigan Coastal Credit Union Real Estate Loans and Lines of Credit


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 332,807,86700
    b. 15 Years or less 5598,28400
    a. > 15 years 7403,20500
    b. 15 Years or less 131,59500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 4133,28200
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 503,974,23300


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

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