What are the current interest rates at Soo-Co-Op Credit Union?

Current rates for Soo-Co-Op Credit Union include: 12-Month CD: 3.55%, 24-Month CD: 3.65%, 60-Month CD: 3.50%, MMA: 0.15%

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Soo-Co-Op Credit Union

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Soo-Co-Op Credit Union Rates & Review September 2026

Q: 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.

Q: 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.

Q: 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.

Q: 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.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 22, 2026

Soo-Co-Op Credit Union's 24 Month CD rates are at 3.65%, 12 Month CD rates are at 3.55%, 60 Month CD rates are at 3.50%, 183 Day CD rates are at 3.25%, 36 Month CD rates are at 3.25%. Soo-Co-Op Credit Union's money market rates are at 0.15%. Soo-Co-Op Credit Union's 15 Year Fixed Rate rates are at 6.50%, 10 Year Fixed Rate rates are at 6.50%, 20 Year Fixed Rate rates are at 7.00%, 30 Year Fixed Rate rates are at 7.12%, 5 Year Adjustable Rate Mortgages - 20 year Amortization - Investment 1-4 Units rates are at 8.38%. Soo-Co-Op Credit Union's Credit Card Rates are at 8.95%. 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 1.10%. Rates last updated and verified on 09/22/2026.

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.

Verified Healthy 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

1.10%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Soo-Co-Op Credit Union
Soo Co-op Credit Union

4489 I 75 Business Spur
Sault Sainte Marie, MI 49783

https://www.soocoop.com

Soo-Co-Op Credit Union CD Rates

Product	Rate	APY	Term
24 Month Certificate	3.65%	3.65%	24 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
12 Month Certificate	3.55%	3.55%	12 Month
Min Balance $500 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
60 Month Certificate	3.50%	3.50%	60 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
183 Day Certificate	3.22%	3.25%	183 Day
Min Balance $5,000 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
36 Month Certificate	3.25%	3.25%	36 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
91 Day Certificate	2.97%	3.00%	91 Day
Min Balance $5,000 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

Soo-Co-Op Credit Union Money Market Rates

Product	Rate	APY
Money Market Shares	1.00%	1.00%
Min Balance $100,000 Details Balance: Over $100,000.00 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Money Market Shares	0.75%	0.75%
Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Money Market Shares	0.50%	0.50%
Min Balance $10,000 Details Balance: $10,000.00 - $49,999.99 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Money Market Shares	0.15%	0.15%
Min Balance $0 Details Balance: $0.01 - $9,999.99 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

Soo-Co-Op Credit Union Checking Rates

Product	Rate	APY
Superior Checking	0.15%	0.15%
Min Balance $0 Details Balance: $0.01 - $2,999.99; Dividend paid through June 30, 2026. Rate may change any time after account is opened. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Superior Checking	0.10%	0.10%
Min Balance $3,000 Details Balance: Over $3,000.00; Dividend paid through June 30, 2026. Rate may change any time after account is opened. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Basic Checking	0.05%	0.05%
Details Dividend paid through June 30, 2026. Rate may change any time after account is opened. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

Soo-Co-Op Credit Union Mortgage Rates

Product	Rate	Points	APR
15 Year Fixed Rate	6.50%	-	6.62%
Details Loan To Value (LTV): 95.00%; Maximum Limit: $400,000.00 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
10 Year Fixed Rate	6.50%	-	6.67%
Details Loan To Value (LTV): 95.00%; Maximum Limit: $400,000.00 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
20 Year Fixed Rate	7.00%	-	7.34%
Details Loan To Value (LTV): 95.00%; Maximum Limit: $400,000.00 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
30 Year Fixed Rate	7.13%	-	7.39%
Details Loan To Value (LTV): 97.00%; Maximum Limit: $400,000.00; Rate scenario: A Fixed Rate Mortgage for a Primary Residence Purchase transaction with mortgage $200,000 over 30 years at 7.125% interest and 7.414% APR will have a monthly payment of $1,347.44. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score was incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
5 Year Adjustable Rate Mortgages - 20 year Amortization - Investment 1-4 Units	8.38%	-	8.52%
Details Cap: 2.00%; Loan To Value (LTV): 80.00%; Maximum Limit: $400,000.00; Rate scenario: An Investment purchase transaction with a mortgage of $100,000 over 20 years at 8.375% interest and 8.678% APR will have a monthly payment of $859.93. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Maximum financing is at 80% Loan-to-Value. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

Soo-Co-Op Credit Union Credit Card Rates

Product	Rate	APR
Platinum Preferred Visa	-	8.95%
Details Finance Charge: 0.7458% monthly periodic rate. Regular APR: 8.95%. International Transaction Fee: up to 1%. Minimum payment: 2.25% of Total New Balance, but not less than $25. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Platinum Visa	-	12.75%
Details Finance Charge: 1.0625% monthly periodic rate. Regular APR: 12.75%. International Transaction Fee: up to 1%. Minimum payment: 3.5% of Total New Balance, but not less than $25. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

Soo-Co-Op Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
10 Year In-House Fixed	6.63%	-	6.82%
Details Loan To Value (LTV): 95.00%; Maximum Limit: $400,000.00 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
15 Year In-House Fixed	6.63%	-	6.76%
Details Loan To Value (LTV): 95.00%; Maximum Limit: $400,000.00; Rate scenario: A Portfolio Fixed Rate Mortgage for a Primary Residence Purchase transaction with mortgage $200,000 over 15 years at 6.625% interest and 6.812% APR will have a monthly payment of $1,755.99. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score was incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
5 Year Adjustable Rate Mortgages - 30 year Amortization - Primary & Secondary Residences	7.38%	-	7.47%
Details Cap: 2.00%; Loan To Value (LTV): 80.00%; Maximum Limit: $400,000.00; Rate scenario: An ARM mortgage for a Primary Residence Purchase transaction with a mortgage of $200,000 over 30 years at 7.375% interest and 7.513% APR will have a monthly payment of $1,381.35. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Platinum Loan	-	-	12.75%
Details APR for members with credit scores of 679 and below at the time of application. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Platinum Loan	-	-	8.95%
Details APR for members with credit scores of 680 and above at the time of application. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Platinum Preferred Loan	-	-	12.75%
Details APR for members with credit scores of 679 and below at the time of application. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Platinum Preferred Loan	-	-	8.95%
Details APR for members with credit scores of 680 and above at the time of application. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Vacant Land Loan	8.38%	-	8.57%
Details Cap: 2.00%; Loan To Value (LTV): 80.00%; Maximum Limit: $175,000.00; Rate scenario: A Vacant Land mortgage for a purchase transaction with a mortgage of $175,000 over 20 years at 8.375% interest and 8.567% APR will have a monthly payment of $1,504.87. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Maximum financing is at 80% Loan-to-Value. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
12 Month Certificate	3.49%	-	3.55%	12 Month
Min Balance $500 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
183 Day Certificate	3.20%	-	3.25%	183 Day
Min Balance $5,000 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
24 Month Certificate	3.59%	-	3.65%	24 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
36 Month Certificate	3.20%	-	3.25%	36 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
60 Month Certificate	3.45%	-	3.50%	60 Month
Min Balance $100 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
91 Day Certificate	2.96%	-	3.00%	91 Day
Min Balance $5,000 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
IRA-Variable	1.00%	-	1.00%
Details Dividend paid through June 30, 2026. Rate may change any time after account is opened. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%
Shares	0.15%	-	0.15%
Min Deposit $5 Details Dividend paid through June 30, 2026. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.10%

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

Soo-Co-Op Credit Union’s Texas Ratio stayed near 1.26% in Q2 2023 to 1.10% in Q1 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.

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

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

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$325M	1.10%	5.0	A+
December 31, 2025	$313M	1.53%	5.0	A+
September 30, 2025	$308M	1.83%	5.0	A+
June 30, 2025	$304M	0.97%	5.0	A+
March 31, 2025	$304M	1.11%	5.0	A+
December 31, 2024	$291M	1.04%	5.0	A+
September 30, 2024	$281M	1.04%	5.0	A+
June 30, 2024	$276M	2.56%	5.0	A+
March 31, 2024	$271M	2.50%	5.0	A+
December 31, 2023	$259M	1.97%	5.0	A+
September 30, 2023	$250M	2.40%	5.0	A+
June 30, 2023	$252M	1.26%	5.0	A+

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 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 66

Part-Time Employees 23

Branch Locations 6

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

1.10%

Return on Assets (ROA)

0.3581%

Return on Equity (ROE)

2.6899%

Non-Performing Loans Ratio (NPL)

0.27%

Total Assets

324,751,114

Total Amount of Shares and Deposits

283,254,403

Total Shares and Deposits < 1 Year

264,450,837

Total Shares and Deposits 1 3 Years

12,722,075

Total Shares and Deposits > 3 Years

6,081,491

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,437,003

Total Uninsured Shares and Deposits > $250K (F+J)

1,437,003

Total Insured Shares and Deposits > $250K (item 17 less item K)

281,817,400

Total Interest Expense (Sum of items 6 8)

771,308

Share Certificates

1,849

Number of Accounts for Share Drafts

13,493

IRA KEOGH Accounts

710

Number of Accounts for Regular Shares

30,583

All other shares

Money Market Shares

884

Net Income (unless the amount is already included in Undivided Earnings)

1,162,814

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)

61,371,413

Total Liabilities

285,029,399

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Soo-Co-Op Credit Union earned the Verified Healthy badge

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Customer Reviews

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Frequently Asked Questions About Soo-Co-Op Credit Union

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

12-Month CD3.55%
24-Month CD3.65%
60-Month CD3.50%
MMA0.15%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

Soo-Co-Op Credit Union Rates & Review September 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Soo-Co-Op Credit Union Texas Ratio

Soo-Co-Op Credit Union Health Trend

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

Soo-Co-Op Credit Union Other Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

Soo-Co-Op Credit Union earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Soo-Co-Op Credit Union

How many branches does Soo-Co-Op Credit Union operate?

Is a member application needed to join Soo-Co-Op Credit Union?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Soo-Co-Op Credit Union offer online and mobile banking?

Current Soo-Co-Op Credit Union Rates

Compare to Other Credit Unions