Peninsula Federal Credit Union

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A short history of Peninsula FCU

Since its inception in 1941 the Peninsula Federal Credit Union has been serving its members in the ESCANABA, 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 James Veneskey, the Peninsula FCU has grown its membership to over 10,934 with assets of more than $147,480,810. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (906) 789-6400 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ESCANABA, MI.

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

Charter Number 4291
Address P.O. BOX 717 
State Michigan 
Zip-Code 49829
Phone Number (906) 789-6400
Fax Number (906) 789-6410
Email Address:
CEO/President James Veneskey
Members 10,934 
Full-Time Employees 48 
Part-Time Employees
Number of Branch Offices
Total Assets 147,480,810 

Compare Peninsula Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Delta County CU Main 2600 1st Ave S 49829 (906) 786-7213 No 4.98
U.p. State CU St. Ignace branch W366 US Highway 2 W 49781 (906) 643-8138 No 5.04
Great Lakes First CU Escanaba office 2110 3rd Ave N 49829 (906) 786-4623 No 5.26
Northern United CU Northern United Main 123 S Lincoln Rd 49829 (906) 786-0888 No 5.26
Integra First CU Powers Branch W3803 US Highway 2/41 49874 (906) 497-5229 No 17.12

Peninsula Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Peninsula 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 6.81 2.82 5.82 3.46 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 39 122 423 68 200
Rank Among All Michigan Credit Unions 4 30 101 7 39

Peninsula Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.65 1.19 0.81
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 42 135 183
Rank Among All Michigan Credit Unions 15 16 5 23 35
Peninsula Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 6.8102,2126,605,935
All Other Unsecured Loans/Lines of Credit 10.6401,2183,570,918
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.7905062,255,082
New Vehicle Loans 2.8202144,040,303
Used Vehicle Loans 5.8202,48423,891,532
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.4601,05171,492,745
Total Other Real Estate Loans/Lines of Credit 4.75010297,115
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.1809219,663,005
TOTAL LOANS & LEASES 8,616121,816,635

Peninsula Federal 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 767,663,066494,995,200
    b. 15 Years or less 67337,360,017544,095,721
    a. > 15 years 13112,143,2376609,499
    b. 15 Years or less 15213,812,288293,314,386
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 19514,1375348,500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 10297,115157,000
Open-End Fixed Rate 0000
TOTALS 1,06171,789,86014413,420,306


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

Peninsula Federal 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 Yes
Home Banking Via Internet Website Yes