Saginaw Medical Federal Credit Union

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A short history of Saginaw Medical FCU

Since its inception in 1970 the Saginaw Medical Federal Credit Union has been serving its members in the SAGINAW, 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 Laura Crase, the Saginaw Medical FCU has grown its membership to over 11,522 with assets of more than $134,109,008. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (989) 791-7070 or email them at MEMBERSERVICES@SMFCU.COM to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SAGINAW, MI.

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

Charter Number 20007
Address PO BOX 6160 
City SAGINAW 
State Michigan 
Zip-Code 48608
Phone Number (989) 791-7070
Fax Number (989) 791-8160
Email Address: MEMBERSERVICES@SMFCU.COM
CEO/President Laura Crase
Members 11,522 
Full-Time Employees 33 
Part-Time Employees
Number of Branch Offices
Total Assets 134,109,008 
Website http://SMFCU.COM 

Compare Saginaw Medical Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Family First CU Freeland Office 6900 Midland Rd 48623 (989) 695-5144 No 0.37
Generations Family CU VA Hospital 1500 Weiss St 48605 (989) 793-1970 No 0.52
Team One CU SAGINAW MAIN 520 HAYDEN ST 48606 (989) 754-6575 No 0.98
Saginaw County Employees CU Saginaw County Employees Credit Union 1700 Court St 48602 (989) 793-9188 No 1.25
Wanigas CU Bagley Main Office 1837 Bagley St 48601 (989) 759-5780 No 1.34

Saginaw Medical Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Saginaw Medical 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 9.90 2.90 2.90 3.38 5.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 133 84 58 260
Rank Among All Michigan Credit Unions 38 34 20 4 54

Saginaw Medical Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.25 0.45 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 105 274 192
Rank Among All Michigan Credit Unions 15 19 21 61 38
Saginaw Medical Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9005,6067,727,269
All Other Unsecured Loans/Lines of Credit 6.9001,2993,165,889
Short-Term, Small Amount Loans (STS) (Federal CU Only) 15.9006822,177
Non-Federally Guaranteed Student Loans 6.75044953,895
New Vehicle Loans 2.90094815,609,519
Used Vehicle Loans 2.9001,1439,630,871
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.38022026,861,667
Total Other Real Estate Loans/Lines of Credit 5.250491,165,551
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.9003493,440,195
TOTAL LOANS & LEASES 9,72668,577,033

Saginaw Medical 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 476,379,358101,471,088
    b. 15 Years or less 948,569,3696881,255
Balloon/Hybrid
    a. > 15 years 578,557,574101,366,672
    b. 15 Years or less 213,139,77891,432,169
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 1215,58800

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 491,165,551371,016
Open-End Fixed Rate 0000
TOTALS 26928,027,218385,222,200

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

Saginaw Medical 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 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