Michigan One Community Credit Union

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A short history of Michigan One Community CU

Since its inception in 1954 the Michigan One Community Credit Union has been serving its members in the IONIA, 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 Timothy Hemenway, the Michigan One Community CU has grown its membership to over 15,811 with assets of more than $110,414,063. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (616) 527-3900 or email them at tellerdept@M1ccu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in IONIA, MI.

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

Charter Number 62169
Address 510 S DEXTER ST 
City IONIA 
State Michigan 
Zip-Code 48846
Phone Number (616) 527-3900
Fax Number (616) 527-4211
Email Address: tellerdept@M1ccu.org
CEO/President Timothy Hemenway
Members 15,811 
Full-Time Employees 30 
Part-Time Employees 17 
Number of Branch Offices
Total Assets 110,414,063 
Website http://www.M1ccu.org 

Compare Michigan One Community Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Portland CU Lansing Office 644 Migaldi Ln 48917 (517) 321-1300 No 11.98
River Valley CU Lowell 2500 W Main St 49331 (616) 897-0564 No 22.16
Lake Michigan CU 68th St 675 68th St SW 49501 (616) 242-9790 No 24.70
Thornapple CU Main Office 202 E Woodlawn Ave 49058 (269) 948-8369 No 25.06
Journey CU Ovid Branch 1090 Baese Ct 48866 (989) 834-9800 No 25.26

Michigan One Community Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Michigan One Community 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 12.99 2.99 2.99 5.00 5.49
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 458 145 91 268 288
Rank Among All Michigan Credit Unions 84 40 23 78 61

Michigan One Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.60 1.20 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 48 134 243
Rank Among All Michigan Credit Unions 13 16 6 22 53
Michigan One Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9906881,016,516
All Other Unsecured Loans/Lines of Credit 13.0001,4271,984,409
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9903778,365,007
Used Vehicle Loans 2.9905,56359,165,915
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000826,268,605
Total Other Real Estate Loans/Lines of Credit 5.4903277,597,248
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.9901,02610,709,560
TOTAL LOANS & LEASES 9,49095,107,260

Michigan One Community 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 494,535,0875776,980
    b. 15 Years or less 331,733,5182145,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 00150,000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 1484,105,59318886,309
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1793,491,65527670,950
Open-End Fixed Rate 0000
TOTALS 40913,865,853532,529,239

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

Michigan One Community 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 Yes
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