Credit union · NCUA insured
Service 1 Federal Credit Union
A $197.4M credit union headquartered in Norton Shores, MI, with 21,204 members and 5 branches in 2 states. Best rates: CDs 3.75% and savings 1.00% APY.
Service 1 Federal Credit Union Carrot Score
81
Carrot Score
Higher than 54% of U.S. banks and credit unions
#11 of 19 in Muskegon, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Service 1 Federal Credit Union
Service 1 Federal Credit Union is a member-owned, not-for-profit financial cooperative serving the community since 1940.
- Headquarters
- 1075 E Sherman Blvd, Norton Shores, MI 49444-1807
- NCUA charter
- 4038
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This may be incomplete or out of date, so check with the credit union before you apply.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 individuals who live, work, attend school, or worship in Stone, Barry, Newton, or McDonald County, Missouri.
Employers and groups
- Membership is open to members of affiliated select groups such as churches, alumni groups, labor unions, and homeowner associations.
- Membership is open to current or former employees of Service 1 FCU select employer groups.
Family and household
- Membership is open to immediate family members of an existing Service 1 FCU member or persons living in the same household.
Cost to join
- A $5 share deposit is required to establish membership and become a member-owner.
Branches
5 branches in 2 states
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Michigan
3 branches
- Service 1 FCUMain office1075 E Sherman Blvd, Norton Shores, MI 49444Directions
- Service 1 FCU/Lakes Mall1625 Eastwind Dr, Muskegon, MI 49444Directions
- Service 1 FCU/SB Branch991 W Broadway Ave, Muskegon, MI 49441Directions
Missouri
2 branches
Joplin area · 1
- Service 1 FCU/Neosho2975 Gardner Edgewood Dr, Neosho, MO 64850Directions
Shell Knob area · 1
- Service 1 FCU/Table Rock Branch25368 State Highway 39, Shell Knob, MO 65747Directions
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 | 18.56% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.42% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.59% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $87 | $76 | — |
- CapitalNet worth ratio18.56%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.42%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.59%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$87Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Service 1 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.