Business Details
50+ Years
experience
Your Trusted Partner for Everyday Banking Solutions
Founded in 1950, American 1 Credit Union has dedicated itself to creating financial wellness in Michigan communities through accessible, low-cost banking solutions. Starting as Jackson Co-Op Federal Credit Union with 47 members, weve grown to serve over 63,000 members across five counties while maintaining our original mission. Our leadership team, including CEO Martha Fuerstenau, brings decades of local financial expertise to guide our strategic vision. We offer a full range of services including competitive auto loans, personal loans, home equity financing, and savings programs designed to meet diverse financial needs.With no-surcharge ATMs, remote banking capabilities, and branch locations throughout Michigan, we prioritize convenient access to financial tools. Our NMLS-registered institution (410447) maintains strict compliance with federal regulations while focusing on personalized service. Through scholarships, community investments, and financial education programs, we remain committed to empowering our members and strengthening local economies. Our 75-year history demonstrates consistent growth driven by member-centric values and adaptive financial solutions.
Services
Auto Loans
Personal Loans
Credit Cards
Home Equity Loans
Savings Accounts
Checking Accounts
Financial Education
Remote Banking
ATM Access
Community Programs
Details
- Year established: 1950
Highlights and features
- We offer competitive loan rates with local decision-making authority
- Our home equity loans feature no closing costs in most cases
- We provide financial education programs for all life stages
- Our NMLS-registered institution maintains strict compliance standards
- We serve Michigan communities with 50+ no-surcharge ATMs
Services
Auto Loans
Competitive financing options for new, used, and refinanced vehicles with rates starting at 5.49% APR. No application fees or closing costs. Local underwriting decisions ensure fast approvals. Available through online applications, branch locations, or partner dealerships. Flexible terms for qualified borrowers.
Home Equity Loans
Access home equity with fixed-rate loans starting at 7.5% APR. No closing costs in most cases. Funds available for home improvements, debt consolidation, or major life events. Loan-to-value up to 80% with terms up to 20 years. Local processing ensures timely decisions.
Personal Loans
Flexible personal loans with rates starting at 10% APR. Available for debt consolidation, home projects, or unexpected expenses. No prepayment penalties. Fixed monthly payments simplify budgeting. Fast approvals with local decision-making authority.
Savings Accounts
Multiple savings options including True Savings, Youth Accounts, and Club Accounts. Competitive interest rates help grow savings. Online and mobile banking tools track progress toward financial goals. No-surcharge ATMs provide convenient access.
Credit Cards
Rewards credit cards earn points on every purchase. Secured options available for building credit. Competitive APR rates starting at 10%. Accepted globally where Visa is accepted. Mobile app integration for account management.
People
Martha Fuerstenau
President/CEO
Martha has led American 1 Credit Union since 2018 with 35+ years of local financial leadership experience. Alma College graduate and University of Michigan MBA holder. Active in Jackson community organizations including Henry Ford Jackson Hospital and Economic Development Corporation.
Philip Hoffman
Board Chair
Serves as Board Chair bringing extensive governance experience to strategic decision-making processes. Active participant in credit union oversight and community development initiatives.
Questions
What loan types does American 1 offer?
We provide auto loans, personal loans, home equity loans, credit cards, and mobility loans with competitive rates.
How can I access my account?
Use our online banking platform, mobile app, or visit one of our 50+ no-surcharge ATMs.
Do you offer financial education resources?
Yes, we provide financial coaching, youth accounts, and community education programs.
What is your home equity loan process?
Apply locally with no closing costs in most cases. Funds available for home improvements or debt consolidation.
Are there membership requirements?
We serve Michigan residents with a $3 joining fee and no hidden membership costs.
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