Torch Lake Federal Credit Union CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews
Compare Torch Lake Federal Credit Union CD rates to other credit union and bank CD rates by searching our comprehensive rate tables. You can do side-by-side comparisons of Torch Lake Federal Credit Union savings rates, CD rates and money market rates, with rates from other banks and credit unions below. You can also compare loan rates, including mortgage rates, personal loan rates and credit card rates. Torch Lake 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 CD rates or other rates available. Have you opened an account or have any experiences at Torch Lake Federal Credit Union? Share your experience about Torch Lake Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Torch Lake Federal Credit Union. Overall, Torch Lake Federal Credit Union is an excellent credit union worth considering, with an overall rating of 5 stars out of 5 stars. Rate
APY/APR
vs Avg
Torch Lake Federal Credit Union
Torch Lake Federal Credit Union 400 Hecla St
Laurium, MI 49913  Compare Torch Lake Federal Credit Union Rates with Other Competitive Bank and Credit Union Rates
Citizens Bank & Trust Co. MN
12-Month CD
4.16%
$2,500
The Citizens Bank of Weston
48-Month CD
3.80%
$500
Community Bank of Cameron
12-Month CD
3.75%
$1,000
Show More
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts. Compare Torch Lake Federal Credit Union Mortgage Rates with Lenders Rates for Fixed and Adjustable Mortgages
State Employees Credit Union
10-Year Fixed
5.050%
5.243%
0.000
Luana Savings Bank
15-Year Fixed
5.250%
5.299%
0.000
Navy Federal Credit Union
15-Year Fixed
5.125%
5.317%
0.250
Show More
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed. Compare Torch Lake Federal Credit Union Credit Cards with Other Competitive Bank and Credit Union Credit Cards
4U Federal Credit Union
Credit Card
10.150%
The Golden 1 Credit Union
Member Cash Rewards+ VISA
17.040% - 23.040%
Maximize rewards with increased cash back on everyday purchases – with up to 4% cash back on gas purchases. Plus, 3% on groceries, restaurants, and food delivery with 1% on everything else.
America First Federal Credit Union
SIGNATURE 1% CASH BACK VISA
14.740%
Unlimited 1% Cash Back Signature Card
Show More
The credit card rates presented are solely intended for informational use. Please consult the mentioned institutions for up-to-date credit card rates. The actual credit card rates and other loan conditions depend on the institution's approval and are not guaranteed. Compare Torch Lake Federal Credit Union Personal Loans with Other Competitive Bank and Credit Union Personal Loans
Achieva Credit Union
Personal Loan
11.000%
$0
1 - 12
Mountain America Federal Credit Union
Personal Loan
13.740%
$0
60
4U Federal Credit Union
Personal Loan
10.650%
$0
Show More
The personal loan rates presented are solely intended for informational use. Please consult the mentioned institutions for up-to-date personal loan rates. The actual personal loan rates and other loan conditions depend on the institution's approval and are not guaranteed. Our apologies, we do not have Torch Lake Federal Credit Union rate data right now, check back for updates, we are adding rates all the time. Torch Lake Federal Credit Union InformationCredit Union Name: Torch Lake Federal Credit Union
Website: https://www.torchlakefederal.com
Full Time Employees: 5Part Time Employees: 2 President: Alisha Kocjan CEO: Connie Mikkola Branch Locations: 2 ATM Locations: 2 Corporate Office Address:
400 Hecla St
Laurium, MI 49913 Phone Number: 906-337-5565 Fax Number: 906-337-0385 Torch Lake Federal Credit Union FinancialsTotal Assets:
12,339,520
Total Amount of Shares and Deposits:
11,112,203
Total Shares and Deposits < 1 Year:
11,046,679
Total Shares and Deposits 1 3 Years:
65,524
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E):
190,809
Total Uninsured Shares and Deposits > $250K (F+J):
190,809
Total Insured Shares and Deposits > $250K (item 17 less item K):
10,921,394
Total Interest Expense (Sum of items 6 8):
1,010
Share Certificates:
13
Number of Accounts for Share Drafts:
930
Number of Accounts for Regular Shares:
1,821
Net Income (unless the amount is already included in Undivided Earnings):
20,491
Total Cash on Deposit (Amounts Deposited in Financial Institutions):
2,040,892
Total Liabilities:
11,228,443
Show More
Torch Lake Federal Credit Union Questions and AnswersNo Cost Share Drafts:
Yes
Share Certificates with Low Minimum Balance Requirements:
Yes
Is Financial Counseling Offered?:
No
Financial Education offered for Members?:
Yes
Are financial literacy Workshops offered?:
No
Is there a first time homebuyer program?:
No
Credit management and repair offered?:
No
Online Financial Literacy?:
No
No Cost Bill Payer:
Yes
Mortgage Processing:
No
Approved Mortgage Seller?:
No
Deposits and Shares Meeting 70310(a):
1
payment:
No
Are low cost wire transfers available?:
Yes
Member Application:
No
Are New Loans Available:
Yes
New Share Account:
No
Are online loan payments available:
Yes
Online Bill Payment Allowed?:
Yes
Can I download my account history?:
No
Electronic Signature Authentication Certification:
Yes
Can I get my bank statements online?:
Yes
External Account Transfers Allowed:
No
Remote Deposit Allowed:
Yes
Are Mobile Payments Avilable?:
Yes
Show More
Source: NCUA Last Updated 03/31/2024
Explore Other Rate Deals Fixed long term mortgage rates are mixed this week over last week. Fixed conventional 30 year mortgage rates are averaging 4.22 percent, unchanged from last week’s average 30 year mortgage rate. 30 year conventional home mortgage rates in Virginia are slightly lower than the national average 30 year mortgage rate. 30 year Virginia mortgage rates today are averaging 4.17 percent.
 30 year conforming mortgage rates and refinance rates are averaging 4.81 percent, up from yesterday’s average 30 year mortgage rate and 30 year refinance rate of 4.75 percent. 30 year mortgage rates and refinance rates in Maryland are lower than the national average. Current 30 year rates in MD are averaging 4.79 percent. Current 15 year mortgage rates and refinance mortgage rates are averaging 4.14 percent, up from yesterday’s average 15 year mortgage and refinance rate of 4.11 percent. 15 year mortgage and refinance rates in Ohio are lower than the national average rate. 15 year refinancing rates and mortgage rates in OH are averaging 4.12 percent.
This time of year most of us think about New Year's resolutions, including promises to manage finances better and to possibly sock away more money. Did you have the same resolution last year for 2014? How did you make out with resolutions in 2014?
Bank or Credit Union Offers and DealsHartford, Connecticut Savings Interest Account Rates and Savings YieldsCitibank Savings Account Promo Mortgage Rates Break Record Lows Again: 30 Year Mortgages @ 4.54%, 15 Year Mortgage Rates @ 4.00% Retirement Accounts in the U.S. Recover From Losses During the Finanical Crisis Low Mortgage Rates Won't Help Refinance Demand in 2012 Current 30 Year Mortgage Rates Still Low at 3.50 Percent but Will Increase in 2013 Fed Signals no Immediate Steps to Help Economy Credit Cards: Be Smart When Using Your Credit Cards 2-4 Mortgage Rates and Refinancing Rates Today: 15 Year Mortgage Rates and Refinance Rates at 4.17% Mortgage Rates are a Critical Aspect of the Home Buying Process Alternative Bank and Credit Union Offers to ExploreMortage Rates Decrease Today: 30 Year Mortgage Rates at 4.19%, 15 Year Mortgage Rates at 3.49%Citizens Bank Mortgage Rates Mortgage Rates and Mortgage Applications Fall: 30 Year Mortgage Rates at 4.55% Presidential Bank Money Market Rates State Farm Bank Savings Rates now at 0.10% Today’s Refinancing Rates and Home Loan Rates: Rates on 30 Year Jumbo Mortgages Averaging 5.37% Mortgage Rates Decrease: 30 Year Mortgage Rates at 4.47% on Lower Bond Yields Mortgage Rates Forced Lower by QE4 and Global Bond Markets Mortgage Rates Mixed August 2, 2010: 30 Year Mortgage Rates at 4.71%, 15 Year Mortgage Rates at 4.04% The Top Savings Rates and MMA Rates: Maximize Your Annual Return Torch Lake Federal Credit Union ReviewsThere are no reviews for Torch Lake Federal Credit Union yet. Feel free to create one below.
Add Your Rating and Review for Torch Lake Federal Credit Union
See how Torch Lake Federal Credit Union Compares to other credit unions |
12-month CD rates can be found at 2.47%, 6-month CD rates at 0.10% and 3-month CD rates at 0.35%. Savings rates are at 0.45% and money market rates are at 0.25%. Mortgage rates on 30-year fixed loans are around 6.49%. Credit Card rates are at 19.24%. Personal Loan rates are at 9.20%. All these rates, and more, can be found in our database of rates which you can compare to 
