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Service 1 Federal Credit Union Rates & Review October 2026

Service 1 Federal Credit Union's top rate as of October 10, 2026 is 4.75% APY on its 6 Month Youth CDs CD, according to rates verified by MonitorBankRates. Other Service 1 Federal Credit Union CD rates include CDs - 1 6 month - FEATURED RATE at 4.75%, 12 Month Youth CDs at 4.50%, and CDs - 1 12 month at 4.50%. MonitorBankRates evaluates the financial stability of Service 1 Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.56%. Rates last updated and verified on 10/10/2026.

Service 1 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 Service 1 Federal Credit Union? Share your experience about Service 1 Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Service 1 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 ?
1.56%
Excellent Lower than avg
Health Trend ?
Improving 12 quarters
Full history ›
Service 1 Federal Credit Union
Service 1 FCU
1075 E Sherman Blvd
Norton Shores, MI 49444-1807
https://www.service1fcu.com
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.

Service 1 Federal Credit Union CD Rates

Product Rate APY Term View More
6 Month Youth Certificates - 4.75% 6 months
Min Balance $100
Details Term: 6 months - FEATURED RATE
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.75% APY · checked 4 times
4.25%4.75%5.25%Sep 30, 2026: 4.75% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 6 month - FEATURED RATE - 4.75% 6 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 4.75% APY · checked 2 times
4.25%4.75%5.25%Oct 6, 2026: 4.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
12 Month Youth Certificates - 4.50% 12 months
Min Balance $100
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.50% APY · checked 4 times
4.00%4.50%5.00%Sep 30, 2026: 4.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 12 month - 4.50% 12 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.50% APY · checked 4 times
4.00%4.50%5.00%Sep 30, 2026: 4.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
6 Month Youth Certificate - 4.00% 6 months
Min Balance $50
Details Term: 6 months - FEATURED RATE
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 4.00% APY · checked 2 times
3.50%4.00%4.50%Oct 6, 2026: 4.00% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - 6 month - FEATURED RATE - 4.00% 6 months
Min Balance $50
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 4.00% APY · checked 2 times
3.50%4.00%4.50%Oct 6, 2026: 4.00% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
12 Month Youth Certificate - 3.75% 12 months
Min Balance $50
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.75% APY · checked 2 times
3.25%3.75%4.25%Oct 6, 2026: 3.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
24 Month Youth Certificate - 3.75% 24 months
Min Balance $50
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.75% APY · checked 2 times
3.25%3.75%4.25%Oct 6, 2026: 3.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
6 Month Share Certificate - 3.75% 6 months
Min Balance $500
Details Term: 6 months - FEATURED RATE
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.75% APY · checked 2 times
3.25%3.75%4.25%Oct 6, 2026: 3.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 6 month - 3.75% 6 months
Min Deposit $500
Min Balance $500
Details FEATURED RATE
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.75% APY · checked 4 times
3.25%3.75%4.25%Sep 30, 2026: 3.75% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
12 Month Share Certificate - 3.50% 12 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
18 Month Share Certificate - 3.50% 18 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
24 Month Share Certificate - 3.50% 24 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
30 Month Share Certificate - 3.50% 30 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
36 Month Share Certificate - 3.50% 36 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
48 Month Share Certificate - 3.50% 48 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
60 Month Share Certificate - 3.50% 60 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 60 month - 3.50% 60 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.50% APY · checked 2 times
3.00%3.50%4.00%Oct 6, 2026: 3.50% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 12 month - 3.50% 12 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 18 month - 3.50% 18 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 24 month - 3.50% 24 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 30 month - 3.50% 30 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 36 month - 3.50% 36 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 48 month - 3.50% 48 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 60 month - 3.50% 60 months
Min Deposit $500
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.50% APY · checked 4 times
3.00%3.50%4.00%Sep 30, 2026: 3.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 30 month - 3.25% 30 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.25% APY · checked 4 times
2.75%3.25%3.75%Sep 30, 2026: 3.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 36 month - 3.25% 36 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.25% APY · checked 4 times
2.75%3.25%3.75%Sep 30, 2026: 3.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 48 month - 3.25% 48 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.25% APY · checked 4 times
2.75%3.25%3.75%Sep 30, 2026: 3.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
24 Month Youth Certificates - 3.00% 24 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.00% APY · checked 4 times
2.50%3.00%3.50%Sep 30, 2026: 3.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 18 month - 3.00% 18 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.00% APY · checked 4 times
2.50%3.00%3.50%Sep 30, 2026: 3.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Share Certificates - 1 24 month - 3.00% 24 months
Min Balance $500
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 3.00% APY · checked 4 times
2.50%3.00%3.50%Sep 30, 2026: 3.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%

Service 1 Federal Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Kasasa Saver Home Equity Loan (fixed) Savings - - 4.99%
Details As Low As; Rates Starting at:*
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.99% APR · checked 4 times
4.49%4.99%5.49%Sep 30, 2026: 4.99% APRSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%

Service 1 Federal Credit Union Other Rates

Product Rate Points APY/APR Term View More
Kasasa Saver Boat/Camper/RV Savings Loan - - 4.99%
Details Rates Starting at:*
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.99% APR · checked 4 times
4.49%4.99%5.49%Sep 30, 2026: 4.99% APRSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Saver Motorcycle Savings Loan - - 4.99%
Details Rates Starting at:*
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.99% APR · checked 4 times
4.49%4.99%5.49%Sep 30, 2026: 4.99% APRSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Saver Recreational Vehicles Savings Loan - - 5.99%
Details Rates Starting at:*
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 5.99% APR · checked 4 times
5.49%5.99%6.49%Sep 30, 2026: 5.99% APRSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Free Kasasa Cash Checking - - 4.25%
Min Deposit $0
Min Balance $15,000
Details Qualifications Required: 12 qualifying debit card transactions post and settle to the account per cycle; Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons are also required to meet some of the account qualifications.; 4.25% to 0.60% APY on balances over $15,000 depending on balance in account; 0.05% APY if qualifications aren't met. Refunds on ATM Withdrawal Fees Up to $25 monthly*
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.25% APY · checked 4 times
3.75%4.25%4.75%Sep 30, 2026: 4.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Free Kasasa Cash Checking - - 0.60%
Min Deposit $0
Min Balance $15,000
Details Balances over $15,000.00 earn 0.05% interest rate on the portion of balance over $15,000.00, resulting in a range from 4.25% to 0.60% APY depending on the account balance.
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 0.60% APY · checked 4 times
0.10%0.60%1.10%Sep 30, 2026: 0.60% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Free Kasasa Cash Checking - - 0.05%
Min Deposit $0
Details When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded.
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 0.05% APY · checked 4 times
0.00%0.28%0.55%Sep 30, 2026: 0.05% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Cash Checking 4.17% - 4.25%
Min Deposit $0
Min Balance $0
Details Balance: 0 - $15,000
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 4.25% APY · checked 4 times
3.75%4.25%4.75%Sep 30, 2026: 4.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Cash Checking 0.05% - 0.05%
Min Deposit $0
Min Balance $0
Details All balances if qualifications not met
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 0.05% APY · checked 4 times
0.00%0.28%0.55%Sep 30, 2026: 0.05% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Saver Savings 0.50% - 0.50%
Min Deposit $0
Min Balance $0
Details Balance: 0 - $25,000
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 0.50% APY · checked 4 times
0.00%0.50%1.00%Sep 30, 2026: 0.50% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Kasasa Saver Savings 0.05% - 0.05%
Min Deposit $0
Min Balance $0
Details Balance: All balances if qualifications not met
Last Updated 10/10/2026
Rate History
1 change since Sep 30, 2026 · 0.50% → 0.05% ▼ 0.45 pts · high 0.50% / low 0.05%
0.00%0.50%1.00%Sep 30, 2026: 0.50% APYOct 6, 2026: 0.05% APYSep 30, 2026Oct 13, 2026
  • Oct 6, 20260.05%▼ from 0.50%
  • Sep 30, 20260.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Money Management Account - - 2.00%
Min Balance $100,000
Details Balance: $100,000+
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 2.00% APY · checked 4 times
1.50%2.00%2.50%Sep 30, 2026: 2.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Money Management Account - - 1.75%
Min Balance $50,000
Details Balance: $50,000.00 - $99,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.75% APY · checked 4 times
1.25%1.75%2.25%Sep 30, 2026: 1.75% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Money Management Account - - 1.25%
Min Balance $20,000
Details Balance: $20,000.00 - $49,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.25% APY · checked 4 times
0.75%1.25%1.75%Sep 30, 2026: 1.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Money Management Account - - 1.00%
Min Balance $2,000
Details Balance: $2,000.00 - $19,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.00% APY · checked 4 times
0.50%1.00%1.50%Sep 30, 2026: 1.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - - 2.00%
Min Balance $100,000
Details Balance: $100,000+
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 2.00% APY · checked 4 times
1.50%2.00%2.50%Sep 30, 2026: 2.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - - 1.75%
Min Balance $50,000
Details Balance: $50,000.00 - $99,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.75% APY · checked 4 times
1.25%1.75%2.25%Sep 30, 2026: 1.75% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - - 1.25%
Min Balance $20,000
Details Balance: $20,000.00 - $49,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.25% APY · checked 4 times
0.75%1.25%1.75%Sep 30, 2026: 1.25% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - - 1.00%
Min Balance $2,000
Details Balance: $2,000.00 - $19,999.99
Last Updated 10/10/2026
Rate History
No change since Sep 30, 2026 · 1.00% APY · checked 4 times
0.50%1.00%1.50%Sep 30, 2026: 1.00% APYSep 30, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - 12 months - - 3.75% 12 months
Min Balance $50
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.75% APY · checked 2 times
3.25%3.75%4.25%Oct 6, 2026: 3.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%
Youth Certificates - 24 months - - 3.75% 24 months
Min Balance $50
Last Updated 10/10/2026
Rate History
No change since Oct 6, 2026 · 3.75% APY · checked 2 times
3.25%3.75%4.25%Oct 6, 2026: 3.75% APYOct 6, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.56%

Financial Health History

Service 1 Federal Credit Union’s Texas Ratio fell from 2.56% in Q3 2023 to 1.56% in Q2 2026, so its financial health has improved and is now 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★ 0.9% 2.0★ 1.8% 3.0★ 2.7% 4.0★ 3.6% 5.0★ Healthy zone – entire history below the 15% limit 2.56% 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 1.56% 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$199M1.56%5.0A+
March 31, 2026$197M1.68%5.0A+
December 31, 2025$195M1.93%5.0A+
September 30, 2025$200M1.88%5.0A+
June 30, 2025$203M1.35%5.0A+
March 31, 2025$207M1.14%5.0A+
December 31, 2024$201M1.34%5.0A+
September 30, 2024$199M1.98%5.0A+
June 30, 2024$201M2.67%5.0A+
March 31, 2024$200M2.28%5.0A+
December 31, 2023$193M2.17%5.0A+
September 30, 2023$194M2.56%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 Service 1 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 Service 1 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 Service 1 Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Service 1 Federal Credit Union
Address 1075 E Sherman Blvd, Norton Shores, MI 49444-1807
Phone 231-739-5068
Fax 231-737-3522
President John DeWolf
CEO Kim Bourdo
Full-Time Employees 52
Part-Time Employees 8
Branch Locations 5
ATM Locations 4
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
1.56%
Return on Assets (ROA)
0.7879%
Return on Equity (ROE)
4.2457%
Non-Performing Loans Ratio (NPL)
0.42%
Total Assets
198,521,769
Total Amount of Shares and Deposits
160,817,719
Total Shares and Deposits < 1 Year
156,728,602
Total Shares and Deposits 1 3 Years
3,038,691
Total Shares and Deposits > 3 Years
1,050,426
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
6,981,772
Total Uninsured Shares and Deposits > $250K (F+J)
6,981,772
Total Insured Shares and Deposits > $250K (item 17 less item K)
153,835,947
Total Interest Expense (Sum of items 6 8)
1,069,946
Share Certificates
2,034
Number of Accounts for Share Drafts
11,791
IRA KEOGH Accounts
512
Number of Accounts for Regular Shares
21,028
All other shares
4,189
Money Market Shares
1,354
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)
22,927,260
Total Liabilities
161,680,265
Source: NCUA — Last Updated 06/30/2026
MonitorBankRates Verified Healthy Badge Q2 2026
Q2 2026 MBR Health & Safety Badge

Service 1 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.

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Frequently Asked Questions About Service 1 Federal Credit Union

How many branches does Service 1 Federal Credit Union operate?

Service 1 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 Service 1 Federal Credit Union?

Yes, to access services at Service 1 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, Service 1 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, Service 1 Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Service 1 Federal Credit Union offer online and mobile banking?

Most modern institutions like Service 1 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.service1fcu.com.

Current Service 1 Federal Credit Union Rates

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