|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Soo-Co-Op Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
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 →
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: April 19, 2026
Soo-Co-Op Credit Union's 24 Month Term CDs Non Compounding rates are at 3.65%, 12 Month Term CDs Non Compounding rates are at 3.55%, 60 Month Term CDs Non Compounding rates are at 3.50%, 183 Day Term CDs Non Compounding rates are at 3.25%, 36 Month Term CDs Non Compounding rates are at 3.25%. Soo-Co-Op Credit Union's money market rates are at 0.15%. Soo-Co-Op Credit Union's 10 Year Fixed Rate rates are at 5.75%, 15 Year Fixed Rate rates are at 5.88%, 20 Year Fixed Rate rates are at 6.12%, 30 Year Fixed Rate rates are at 6.38%, Vacant Land rates are at 7.50%. MonitorBankRates evaluates the financial stability of Soo-Co-Op Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.87%. Rates were last updated on 04/19/2026. Soo-Co-Op 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 Soo-Co-Op Credit Union? Share your experience about Soo-Co-Op Credit Union by leaving a review below, or read customer reviews before you decide to use Soo-Co-Op Credit Union. Soo-Co-Op Credit Union
Soo Co op Credit Union 4489 I 75 Business Spur
https://www.soocoop.com Sault Sainte Marie, MI 49783 
Soo-Co-Op Credit Union CD Rates
Soo-Co-Op Credit Union Money Market Rates
Soo-Co-Op Credit Union Checking Rates
Soo-Co-Op Credit Union Mortgage Rates
Soo-Co-Op Credit Union Credit Card Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Soo-Co-Op 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 Soo-Co-Op 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 Soo-Co-Op Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Soo-Co-Op Credit Union
Website
https://www.soocoop.com
Address
4489 I 75 Business Spur,
Sault Sainte Marie, MI 49783
Phone
906-632-5300
Fax
906-632-6631
President
Edwin Cook
CEO
Lynda Ellis
Full-Time Employees
67
Part-Time Employees
24
Branch Locations
6
ATM Locations
4
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.87%
Return on Assets (ROA)
0.9695%
Return on Equity (ROE)
7.2576%
Non-Performing Loans Ratio (NPL)
0.42%
Total Assets
308,461,190
Total Amount of Shares and Deposits
269,237,667
Total Shares and Deposits < 1 Year
253,075,667
Total Shares and Deposits 1 3 Years
9,674,184
Total Shares and Deposits > 3 Years
6,487,816
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
1,192,810
Total Uninsured Shares and Deposits > $250K (F+J)
1,192,810
Total Insured Shares and Deposits > $250K (item 17 less item K)
268,044,857
Total Interest Expense (Sum of items 6 8)
2,390,868
Share Certificates
1,809
Number of Accounts for Share Drafts
13,388
IRA KEOGH Accounts
727
Number of Accounts for Regular Shares
30,220
All other shares
66
Money Market Shares
871
Net Income (unless the amount is already included in Undivided Earnings)
2,990,590
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
45,500,935
Total Liabilities
270,957,379
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Soo-Co-Op Credit UnionIs Soo-Co-Op Credit Union a safe place to deposit money?Yes, Soo-Co-Op Credit Union is considered a safe financial institution. With a Texas Ratio of 1.8725268201189%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Soo-Co-Op Credit Union operate?Soo-Co-Op 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 Soo-Co-Op Credit Union?Yes, to access services at Soo-Co-Op 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, Soo-Co-Op 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, Soo-Co-Op Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Soo-Co-Op Credit Union offer online and mobile banking?Most modern institutions like Soo-Co-Op 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.soocoop.com. Current Soo-Co-Op Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
Compare to Other Credit Unions
Fleur de Lis Federal Credit Union
Avenue Baptist Brotherhood Federal Credit Union
Arkansas Kraft Employees Federal Credit Union
LAKEVIEW
Western Vista Federal Credit Union
Riverfront Federal Credit Union
Firefighters Credit Union Onalaska, WI
East Chicago Firemens Credit Union
Four Corners Federal Credit Union
Greenwich Municipal Employees Federal Credit Union
Wakefern Federal Credit Union
Mobile Postal Credit Union
USX
Plattsburgh City School District Federal Credit Union
Seasons Federal Credit Union
Community & Teachers Federal Credit Union
State Employees Credit Union
Natco Credit Union
Energy Plus Credit Union
American 1 Credit Union
Leominster Employees Federal Credit Union
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
