POWER ONE FEDERAL CREDIT UNION

Welcome to Power One, your trusted financial partner located at 5811 Red Arrow Hwy, Stevensville, MI 49127. Since our establishment in 1935, we have been committed to providing personalized banking solutions tailored to the needs of our members. With a membership base of 1,341 individuals, we strive to create a community where everyone feels valued and supported. At Power One, we're proud of our robust financial standing, with total assets reaching an impressive $17,208,974. Our dedication to responsible lending is reflected in our total loans and leases amounting to 1,449. We also manage total deposits of $524,864, ensuring that your savings are secure and readily accessible. Our leadership team is here to guide you every step of the way. Under the direction of CEO Tameka Garmon and Board President Wally Vandagriff, we focus on fostering strong relationships with our members while upholding the highest standards of service. While members can visit us at our branch for their banking needs, official correspondence should be sent to the same address: 5811 Red Arrow Hwy, Stevensville, MI 49127. For any inquiries or assistance, feel free to reach out to us at (269) 408-1615. Join us today and discover how Power One can help you achieve your financial goals! Visit our website at poweronefcu.org for more information on our services and offerings. Your future starts here!

Becoming a member of Power One is like joining a caring family where your financial well-being is our top priority. To qualify for membership, you simply need to live, work, or worship in the area we serve, making it easy for you to connect with us. We warmly welcome individuals from all walks of life, ensuring that everyone has access to our supportive community and exceptional financial services. At Power One, you'll enjoy a variety of benefits including personalized banking options and competitive rates designed to help you thrive. If you're ready to take the next step, opening an account is a breeze! You can visit us at our branch located at 5811 Red Arrow Hwy Stevensville Mi 49127 or give us a call at (269) 408-1615 for more information. For detailed eligibility criteria, feel free to check out our website at https://www.poweronefcu.org/membership/ . We look forward to welcoming you into our community!

At Power One, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a strong financial foundation that ensures our ability to serve you well into the future. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $2,623,791, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 15.25% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $2,478,622 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $2,623,791 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports members' financial goals with $14,088,369 in total loans and leases and $4,105,872 in used auto loans. Although our net income stands at $0 for now, it reflects an operational efficiency that allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 6 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments) amount to $893,080, while our total share accounts number 2,554, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Power One is your trusted partner. Visit us at 5811 Red Arrow Hwy Stevensville MI 49127 or call 269-408-1615 to learn more about how we can help you achieve your financial goals.