Institution Profile
Address: 2929 3rd Ave N Escanaba, MI 49829-4203
(906) 789-6400
Website:
NCUA Profile:
Charter Date:
2/5/1941
Charter Type:
Federal
Branches:
4
Branches by Region
MI 4
Financial Overview
Total Assets
$352.48M
Total Deposits
$318.94M
Total Loans
$285.48M
Members
17,730
Employees
86 77 Full-time / 9 Part-time
Allowance for Loan Losses
$2.87M
Performance Ratios
Net Worth Ratio
8.87%
Loan-to-Deposit Ratio
89.51%
Coverage Ratio
1.00% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +73.56% Total Deposits: +76.51% Total Loans: +75.16% since 2020 Q1
Member Growth
Member Growth
Members: +40.60% since 2020 Q1
Employee Growth
Employee Growth
Employees: +28.36% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
4,906
Amount This Year (YTD)
$106.48M
Number of Loans per Quarter
Loans Granted: +43.09% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +39.48% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1st Mortgages
$162.40M 56.9%
Used Vehicle
$58.29M 20.4%
Other Secured
$23.57M 8.3%
Credit Card
$12.66M 4.4%
Other Unsecured
$12.40M 4.3%
New Vehicle
$6.82M 2.4%
HELOCs
$4.73M 1.7%
Student Loans
$2.53M 0.9%
CRE: Owner-Occupied
$989,649 0.3%
Commercial & Industrial
$473,473 0.2%
CRE: Non-Owner-Occupied
$410,054 0.1%
CRE: Multifamily
$153,487 0.1%
Commercial Unsecured
$52,869 0.0%
Portfolio Distribution
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 17,730 | $352.48M | $318.94M | $285.48M | 86 |
| 2025 Q3 | 17,651 | $349.02M | $316.74M | $286.37M | 84 |
| 2025 Q2 | 15,862 | $335.00M | $304.58M | $273.98M | 76 |
| 2025 Q1 | 15,697 | $334.20M | $304.13M | $265.11M | 75 |
| 2024 Q4 | 15,555 | $328.89M | $299.64M | $264.19M | 72 |
| 2024 Q3 | 15,465 | $325.57M | $296.31M | $261.22M | 74 |
| 2024 Q2 | 15,290 | $322.07M | $293.02M | $255.13M | 71 |
| 2024 Q1 | 15,126 | $316.06M | $286.54M | $247.30M | 71 |
| 2023 Q4 | 15,003 | $303.18M | $273.81M | $244.93M | 74 |
| 2023 Q3 | 14,889 | $302.70M | $273.52M | $240.91M | 69 |
| 2023 Q2 | 14,677 | $292.75M | $264.20M | $236.52M | 74 |
| 2023 Q1 | 14,487 | $281.71M | $253.54M | $230.58M | 73 |
| 2022 Q4 | 14,382 | $275.80M | $247.87M | $226.87M | 70 |
| 2022 Q3 | 14,219 | $262.89M | $235.39M | $224.61M | 70 |
| 2022 Q2 | 14,076 | $255.69M | $228.83M | $216.75M | 69 |
| 2022 Q1 | 13,933 | $257.36M | $231.18M | $208.30M | 71 |
| 2021 Q4 | 13,832 | $251.98M | $226.93M | $207.26M | 69 |
| 2021 Q3 | 13,727 | $248.29M | $224.22M | $208.20M | 70 |
| 2021 Q2 | 13,541 | $248.89M | $225.60M | $201.75M | 73 |
| 2021 Q1 | 13,235 | $243.50M | $220.57M | $193.73M | 71 |
| 2020 Q4 | 13,031 | $230.64M | $208.74M | $188.29M | 73 |
| 2020 Q3 | 12,861 | $218.54M | $196.80M | $182.82M | 68 |
| 2020 Q2 | 12,744 | $215.84M | $194.13M | $176.73M | 67 |
| 2020 Q1 | 12,610 | $203.09M | $180.70M | $162.99M | 67 |
Interest Rates
Current average rates by loan type
New Vehicle
5.78%
Used Vehicle
6.92%
1st Mortgage (Fixed)
6.89%
HELOC
8.62%
Credit Card
13.88%
Other Unsecured
12.47%