Business Details
50+ Years
experience
Your Trusted Financial Partner in Bruce Crossing, MI
Settlers Federal Credit Union was established in 1932 by a group of local farmers facing financial challenges. We transitioned to a federally chartered credit union in 2007 and relocated to a new main office in 2008. Our community charter serves residents, businesses, and organizations in Ontonagon and Gogebic Counties, Michigan. Guided by the philosophy of 'People Helping People,' we prioritize community service and accessible financial solutions. Our vision is to be the preferred financial institution, offering opportunities that empower local individuals and businesses. We focus on maintaining liquidity, stability, and growth to serve current and future members effectively.With decades of experience, our team delivers expertise in savings, loans, and personalized financial services. We emphasize transparency, ethical practices, and member-centric support through competitive rates and modern banking tools. Our commitment to E-E-A-T principles is demonstrated through federal insurance, regulatory compliance, and community engagement. We continuously adapt to technological advancements while preserving the trust and reliability our members expect.
Services
Checking Accounts
Savings Accounts
Personal Loans
Credit Cards
Insurance Services
Student Loans
Mortgage Rates
Online Banking
Safe Deposit Boxes
Wire Transfers
Details
- Year established: 1932
Highlights and features
- We offer competitive loan rates and personalized financial solutions since 1932.
- Our community charter prioritizes local residents and businesses in Ontonagon and Gogebic Counties.
- 24/7 mobile banking access with secure digital tools for convenience.
- Federally insured savings up to $250,000 for member security.
- Experienced team providing tailored financial education and support.
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Checking Accounts
Our share draft checking accounts offer overdraft protection, ATM/debit cards, and no transaction fees. Dividends are paid quarterly, and we provide remote check deposit via mobile apps. Members can access 24/7 banking tools for convenience.
Personal Loans
We offer competitive personal loans, including signature, secured, and home equity lines of credit. Rates vary from 3.00%-18.00% based on creditworthiness. Flexible terms and discounts available for direct deposit and payment protection.
Credit Cards
Choose from Visa Platinum (9.90% APR) and Visa Platinum Preferred (7.90% APR). Cards include Verified by Visa protection, rewards programs, and no annual fees. Cash advances and dispute resolution services are available.
Student Loans
Partnering with ISL Education Lending, we provide private student loans and refinancing options. Programs include in-school loans, family loans, and refinance solutions with competitive rates for students and parents.
Online Banking
Access 24/7 account management through our mobile app and online portal. Features include remote check deposit, bill pay, account transfers, and real-time transaction alerts for secure, convenient banking.
Questions
What areas do you serve?
We serve residents, businesses, and organizations in Ontonagon and Gogebic Counties, Michigan.
Are my deposits insured?
Yes, savings are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
Do you offer mobile banking?
Yes, our mobile app provides 24/7 access for check deposits, bill pay, and account management.
What loan types are available?
We offer personal, auto, home equity, student loans, and credit cards with competitive rates.
What are your branch hours?
Main office: Mon-Thu 8:30 AM-4 PM, Fri 8:30 AM-6 PM, Sat drive-up 9 AM-12 PM.
How can I report a lost card?
Call 1-800-383-8000 immediately to report lost or stolen debit/ATM cards.
Reviews (1)
Sheryl Olson
Jun 02, 2018
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The CU crew have always gone beyond what's expected! So friendly and helpful...will always recommend them for everything related to money!