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Breakwater Federal Credit Union Rates & Review October 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
  • Automated Online Rate Data Aggregation
  • Location-Based Rate Tables
  • Bank & Credit Union Health Safety Ratings
  • Bank & Credit Union Star Ratings
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
| iEditorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Rates Last Updated and Verified: October 12, 2026

Breakwater Federal Credit Union's top rates as of October 12, 2026 are 3.50% APY on its 12 Month CD, 0.05% APY on savings, and rv, boat and powersport loans from 6.50% APR, according to rates verified by MonitorBankRates. Other Breakwater Federal Credit Union CD rates include 6 Month CD at 3.50%, 7 Month CD at 3.50%, and 24 Month CD at 3.00%. MonitorBankRates evaluates the financial stability of Breakwater Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.43%. Rates last updated and verified on 10/12/2026.

Breakwater Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Breakwater Federal Credit Union? Share your experience about Breakwater Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Breakwater Federal Credit Union.

MonitorBankRates Verified Healthy Badge Q2 2026 Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website
Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.43%
Excellent Lower than avg
Health Trend ?
Very strong 12 quarters
Full history ›
Breakwater Federal Credit Union
Main Branch/Corporate Offices
700 E Sharon Ave
Houghton, MI 49931-1618
https://www.breakwaterfcu.org
Member NCUA
Customer Reviews
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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Breakwater Federal Credit Union CD Rates

Product Rate APY Term View More
12 Month Share Certificate 3.45% 3.50% 12 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 8, 2026: 3.50% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
6 Month Share Certificate 3.45% 3.50% 6 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 8, 2026: 3.50% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
7 Month Share Certificate 3.45% 3.50% 7 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Premature withdrawal penalty of 3-months interest; Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 8, 2026: 3.50% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
24 Month Share Certificate 2.97% 3.00% 24 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 3.00% APY · checked 2 times
2.50%3.00%3.50%Oct 8, 2026: 3.00% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
36 Month Share Certificate 1.99% 2.00% 36 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 2.00% APY · checked 2 times
1.50%2.00%2.50%Oct 8, 2026: 2.00% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
48 Month Share Certificate 1.99% 2.00% 48 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 2.00% APY · checked 2 times
1.50%2.00%2.50%Oct 8, 2026: 2.00% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
60 Month Share Certificate 1.99% 2.00% 60 Month
Min Deposit $500
Details Share Certificates ($500 minimum); Early withdrawal penalty may be imposed for withdrawals before maturity; Certificates will not auto-renew; funds deposited into primary savings upon maturity
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 2.00% APY · checked 2 times
1.50%2.00%2.50%Oct 8, 2026: 2.00% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union Savings Rates

Product Rate APY View More
Savings 0.05% 0.05%
Details Non-certificate rates are variable and subject to change without notice after account is opened
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 0.05% APY · checked 2 times
0.00%0.28%0.55%Oct 8, 2026: 0.05% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity Loan (In-House Fixed Rate) 5.75% - 6.20% 7-year
Details As Low As; Subject to credit approval; rate and term vary by credit score
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 6.20% APR · checked 9 times
5.70%6.20%6.70%Sep 12, 2026: 6.20% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Equity Loan (In-House Fixed Rate) 6.00% - 6.33% 10-year
Details As Low As; Subject to credit approval; rate and term vary by credit score
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 6.33% APR · checked 9 times
5.83%6.33%6.83%Sep 12, 2026: 6.33% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Equity Loan (In-House Fixed Rate) 5.75% - 6.37% 5-year
Details As Low As; Subject to credit approval; rate and term vary by credit score
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 6.37% APR · checked 9 times
5.87%6.37%6.87%Sep 12, 2026: 6.37% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Equity Loan (In-House Fixed Rate) 6.50% - 6.73% 15-year
Details As Low As; Subject to credit approval; rate and term vary by credit score
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 6.73% APR · checked 9 times
6.23%6.73%7.23%Sep 12, 2026: 6.73% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Equity Line of Credit 7.25% - 7.69%
Details As Low As; Subject to credit approval; rate and term vary by credit score
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 7.69% APR · checked 9 times
7.19%7.69%8.19%Sep 12, 2026: 7.69% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union Auto Loan Rates

Product Rate Points APR Term View More
New Auto (2025-2026) 4.25% - 4.58% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.58% APR
4.08%4.58%5.08%Oct 12, 2026: 4.58% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Auto (2025-2026) 4.50% - 4.71% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.71% APR
4.21%4.71%5.21%Oct 12, 2026: 4.71% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Auto (2025-2026) 4.25% - 4.74% 24 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.74% APR
4.24%4.74%5.24%Oct 12, 2026: 4.74% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Auto (2025-2026) 4.50% - 4.76% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.76% APR
4.26%4.76%5.26%Oct 12, 2026: 4.76% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Auto (2025-2026) 4.75% - 4.92% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.92% APR
4.42%4.92%5.42%Oct 12, 2026: 4.92% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 4.50% - 4.99% 24 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 4.99% APR
4.49%4.99%5.49%Oct 12, 2026: 4.99% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 4.75% - 5.00% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.00% APR
4.50%5.00%5.50%Oct 12, 2026: 5.00% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 4.75% - 5.08% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.08% APR
4.58%5.08%5.58%Oct 12, 2026: 5.08% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 5.00% - 5.21% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.21% APR
4.71%5.21%5.71%Oct 12, 2026: 5.21% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 5.25% - 5.43% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.43% APR
4.93%5.43%5.93%Oct 12, 2026: 5.43% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Auto (2025-2026) 5.50% - 5.65% 84 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.65% APR
5.15%5.65%6.15%Oct 12, 2026: 5.65% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2018-2024) 5.75% - 5.90% 84 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 5.90% APR
5.40%5.90%6.40%Oct 12, 2026: 5.90% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2017 and Older) 6.00% - 6.34% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.34% APR
5.84%6.34%6.84%Oct 12, 2026: 6.34% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2017 and Older) 6.25% - 6.46% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.46% APR
5.96%6.46%6.96%Oct 12, 2026: 6.46% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2017 and Older) 6.00% - 6.49% 24 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.49% APR
5.99%6.49%6.99%Oct 12, 2026: 6.49% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Auto (2017 and Older) 6.25% - 6.51% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.51% APR
6.01%6.51%7.01%Oct 12, 2026: 6.51% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union RV, Boat and Powersport Loan Rates

Product Rate APR Term View More
New Personal Recreational (2025-2026) Loan 6.25% 6.50% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.50% APR
6.00%6.50%7.00%Oct 12, 2026: 6.50% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 6.25% 6.58% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.58% APR
6.08%6.58%7.08%Oct 12, 2026: 6.58% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 6.75% 6.96% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.96% APR
6.46%6.96%7.46%Oct 12, 2026: 6.96% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 7.00% 7.18% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.18% APR
6.68%7.18%7.68%Oct 12, 2026: 7.18% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 6.75% 7.24% 24 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.24% APR
6.74%7.24%7.74%Oct 12, 2026: 7.24% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.00% 7.26% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.26% APR
6.76%7.26%7.76%Oct 12, 2026: 7.26% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.00% 7.34% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.34% APR
6.84%7.34%7.84%Oct 12, 2026: 7.34% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.50% 7.71% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.71% APR
7.21%7.71%8.21%Oct 12, 2026: 7.71% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 8.00% 8.18% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 8.18% APR
7.68%8.18%8.68%Oct 12, 2026: 8.18% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union Personal Loan Rates

Product APR Term View More
New Personal Recreational (2025-2026) Loan 6.50% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.50% APR
6.00%6.50%7.00%Oct 12, 2026: 6.50% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 6.58% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.58% APR
6.08%6.58%7.08%Oct 12, 2026: 6.58% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 6.96% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.96% APR
6.46%6.96%7.46%Oct 12, 2026: 6.96% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
New Personal Recreational (2025-2026) Loan 7.18% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.18% APR
6.68%7.18%7.68%Oct 12, 2026: 7.18% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.24% 24 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.24% APR
6.74%7.24%7.74%Oct 12, 2026: 7.24% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.26% 48 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.26% APR
6.76%7.26%7.76%Oct 12, 2026: 7.26% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.34% 36 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.34% APR
6.84%7.34%7.84%Oct 12, 2026: 7.34% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 7.71% 60 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 7.71% APR
7.21%7.71%8.21%Oct 12, 2026: 7.71% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Used Personal Recreational (2024 and older) Loan 8.18% 72 Month
No additional details.
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 8.18% APR
7.68%8.18%8.68%Oct 12, 2026: 8.18% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Personal Loan 10.34%
Details As Low As; Subject to credit approval; rate and term vary by credit score; APR based on sample signature loan of $10,000 with $100 processing fee
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 10.34% APR · checked 8 times
9.84%10.34%10.84%Sep 12, 2026: 10.34% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%

Breakwater Federal Credit Union Other Rates

Product Rate Points APY/APR Term View More
Home Loan (Fixed Rate) 7.125% - 7.572% 10-year
Last Updated 10/12/2026
Rate History
5 changes since Sep 12, 2026 · 6.91% → 7.57% ▲ 0.66 pts · high 7.57% / low 6.91%
6.25%7.24%8.23%Sep 12, 2026: 6.91% APRSep 17, 2026: 7.07% APRSep 20, 2026: 7.19% APRSep 25, 2026: 7.57% APROct 8, 2026: 7.45% APROct 12, 2026: 7.57% APRSep 12, 2026Oct 13, 2026
  • Oct 12, 20267.57%▲ from 7.45%
  • Oct 8, 20267.45%▼ from 7.57%
  • Sep 25, 20267.57%▲ from 7.19%
  • Sep 20, 20267.19%▲ from 7.07%
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Loan (Fixed Rate) 7.125% - 7.444% 15-year
Last Updated 10/12/2026
Rate History
3 changes since Sep 12, 2026 · 6.94% → 7.44% ▲ 0.50 pts · high 7.44% / low 6.94%
6.44%7.19%7.95%Sep 12, 2026: 6.94% APRSep 17, 2026: 7.07% APRSep 20, 2026: 7.19% APRSep 25, 2026: 7.44% APRSep 12, 2026Oct 13, 2026
  • Sep 25, 20267.44%▲ from 7.19%
  • Sep 20, 20267.19%▲ from 7.07%
  • Sep 17, 20267.07%▲ from 6.94%
  • Sep 12, 20266.94%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Loan (Fixed Rate) 7.50% - 7.762% 20-year
Last Updated 10/12/2026
Rate History
5 changes since Sep 12, 2026 · 7.26% → 7.76% ▲ 0.50 pts · high 7.76% / low 7.26%
6.75%7.51%8.27%Sep 12, 2026: 7.26% APRSep 17, 2026: 7.38% APRSep 25, 2026: 7.64% APROct 2, 2026: 7.76% APROct 8, 2026: 7.64% APROct 12, 2026: 7.76% APRSep 12, 2026Oct 13, 2026
  • Oct 12, 20267.76%▲ from 7.64%
  • Oct 8, 20267.64%▼ from 7.76%
  • Oct 2, 20267.76%▲ from 7.64%
  • Sep 25, 20267.64%▲ from 7.38%
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Home Loan (Fixed Rate) 7.625% - 7.829% 30-year
Last Updated 10/12/2026
Rate History
4 changes since Sep 12, 2026 · 7.32% → 7.83% ▲ 0.51 pts · high 7.96% / low 7.32%
6.69%7.64%8.59%Sep 12, 2026: 7.32% APRSep 17, 2026: 7.45% APRSep 25, 2026: 7.70% APROct 2, 2026: 7.96% APROct 8, 2026: 7.83% APRSep 12, 2026Oct 13, 2026
  • Oct 8, 20267.83%▼ from 7.96%
  • Oct 2, 20267.96%▲ from 7.70%
  • Sep 25, 20267.70%▲ from 7.45%
  • Sep 17, 20267.45%▲ from 7.32%
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Land Loan 6.50% - 6.912% 10-year
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 6.91% APR · checked 9 times
6.41%6.91%7.41%Sep 12, 2026: 6.91% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Land Loan 7.00% - 7.318% 15-year
Last Updated 10/12/2026
Rate History
No change since Sep 12, 2026 · 7.32% APR · checked 9 times
6.82%7.32%7.82%Sep 12, 2026: 7.32% APRSep 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Land Loan 6.75% - 6.944% 62-Month Balloon
Details 30-Year Amortization
Last Updated 10/12/2026
Rate History
No change since Oct 12, 2026 · 6.94% APR
6.44%6.94%7.44%Oct 12, 2026: 6.94% APROct 12, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
HSAs 0.05% - 0.05%
Details Non-certificate rates are variable and subject to change without notice after account is opened
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 0.05% APY · checked 2 times
0.00%0.28%0.55%Oct 8, 2026: 0.05% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Share Draft 0.05% - 0.05%
Details Non-certificate rates are variable and subject to change without notice after account is opened
Last Updated 10/12/2026
Rate History
No change since Oct 8, 2026 · 0.05% APY · checked 2 times
0.00%0.28%0.55%Oct 8, 2026: 0.05% APYOct 8, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.43%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Breakwater Federal Credit Union’s Texas Ratio stayed near 1.87% in Q3 2023 to 1.43% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 1.1% 2.0★ 2.3% 3.0★ 3.4% 4.0★ 4.6% 5.0★ Healthy zone – entire history below the 15% limit 1.87% A+ Q3 2023 A+ Q4 2023 A+ Q1 2024 A+ Q2 2024 A+ Q3 2024 A+ Q4 2024 A+ Q1 2025 A+ Q2 2025 A+ Q3 2025 A+ Q4 2025 A+ Q1 2026 1.43% A+ Q2 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
June 30, 2026$138M1.43%5.0A+
March 31, 2026$138M1.66%5.0A+
December 31, 2025$135M1.97%5.0A+
September 30, 2025$131M1.66%5.0A+
June 30, 2025$131M0.88%5.0A+
March 31, 2025$128M0.98%5.0A+
December 31, 2024$125M2.71%5.0A+
September 30, 2024$123M3.39%5.0A+
June 30, 2024$128M2.27%5.0A+
March 31, 2024$126M2.32%5.0A+
December 31, 2023$125M2.50%5.0A+
September 30, 2023$127M1.87%5.0A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Breakwater Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Breakwater Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Breakwater Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Breakwater Federal Credit Union
Website https://www.breakwaterfcu.org
Address 700 E Sharon Ave, Houghton, MI 49931-1618
Phone 906-482-5005
Fax 906-482-2451
President Stephen Patchin
CEO Paula Megowen
Full-Time Employees 27
Part-Time Employees 1
Branch Locations 1
ATM Locations 1
NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.43%
Return on Assets (ROA)
1.0673%
Return on Equity (ROE)
7.9811%
Non-Performing Loans Ratio (NPL)
0.32%
Total Assets
138,207,963
Total Amount of Shares and Deposits
118,941,313
Total Shares and Deposits < 1 Year
118,317,382
Total Shares and Deposits 1 3 Years
408,182
Total Shares and Deposits > 3 Years
215,749
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
657,106
Total Uninsured Shares and Deposits > $250K (F+J)
657,106
Total Insured Shares and Deposits > $250K (item 17 less item K)
118,284,207
Total Interest Expense (Sum of items 6 8)
308,491
Share Certificates
515
Number of Accounts for Share Drafts
7,607
Number of Accounts for Regular Shares
13,799
All other shares
57
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
7,999,750
Total Liabilities
120,635,445
Source: NCUA — Last Updated 06/30/2026
MonitorBankRates Verified Healthy Badge Q2 2026
Q2 2026 MBR Health & Safety Badge

Breakwater Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://monitorbankrates.com/credit-unions/breakwater-federal-credit-union-rates-review-8212">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About Breakwater Federal Credit Union

How many branches does Breakwater Federal Credit Union operate?

Breakwater Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Breakwater Federal Credit Union?

Yes, to access services at Breakwater Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Breakwater Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Breakwater Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Breakwater Federal Credit Union offer online and mobile banking?

Most modern institutions like Breakwater Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.breakwaterfcu.org.

Current Breakwater Federal Credit Union Rates

  • 12-Month CD3.50%
  • 24-Month CD3.00%
  • 60-Month CD2.00%
  • Savings0.05%
Retrieved from our database of financial products. Rates subject to change.

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