Credit union · NCUA insured
GraCo Federal Credit Union
A $37.6M credit union headquartered in Alma, MI, with 3,377 members and 1 branch in Michigan. Best rates: savings 1.56% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: no accounts of this kind found on its website. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings872.27%at $100,000Savings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About GraCo Federal Credit Union
Established in 1962 as Gratiot County Teacher's Federal Credit Union, the credit union was founded by teachers seeking a financial institution tailored to their unique needs.
Now operating as GraCo Federal Credit Union, the member-owned cooperative serves anyone who lives, works, worships, or attends school in Gratiot County, Michigan.
- Headquarters
- 835 W Warwick Dr, Alma, MI 48801-1147
- NCUA charter
- 15304
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, or attends school in Gratiot County, Michigan.
Branches
1 branch in Michigan
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Michigan
1 branch
- GraCo FCUMain office835 W Warwick Dr, Alma, MI 48801Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.70% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.58% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.17% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $46 | $59 | — |
- CapitalNet worth ratio9.70%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.58%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.17%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$46Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of GraCo Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.