Allegan Community Federal Credit Union


Our records indicate that this credit union has been acquired by BLUEOX.


Headquarters

P. O. Box 320
Allegan, MI 49010
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Allegan Community is an NCUA insured institution located in Allegan, MI. It was founded in 1945 and has approximately $82.23 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 5185
Date Established 1945
Assets $82.23 million
Loans $50.70 million
Deposits $72.72 million
Capital $8.14 million
 

Field of Membership Restrictions

Membership is open to those who live, worship or work in Allegan County in Michigan.

Deposit Rates - November 7, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Allegan Community

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Advertiser Disclosure

Loan Rates - November 7, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Allegan Community

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Midwest Mortgage Lending
NMLS ID: 2262032
License#: RM.804810.000
6.391% 6.250% 1.00 $4,800 $1,971 Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.596% 6.500% 0.63 $3,210 $2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.993% 6.875% 1.00 $3,852 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.313% 7.250% 0.63 $2,000 $2,183 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Allegan Community
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Branches

Below are Allegan Community branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Allegan Community Locations around zip code 43085




Climate Policy and Initiatives

ALLEGAN COMMUNITY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Allegan Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Allegan Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Allegan Community U.S. Average
2.13% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Allegan Community had $175,863 in non-current loans and $4,080 in owned assets. To cover these potential losses it had $8,144,533 in net worth and $315,533 in loans loss reserves. That gives it a Texas Ratio of 2.13%.

Net Worth
Allegan Community U.S. Average
9.9% 13.93%

Allegan Community FCU has a net worth of 9.9% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Allegan Community

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