Institution Profile
Address: 1905 28TH STREET ST SW, SW WYOMING, MI 49519-2507
(616) 534-3307
Website:
NCUA Profile:
Charter Date:
10/10/1952
Charter Type:
Federal
Branches:
1
Branches by Region
MI 1
Financial Overview
Total Assets
$30.52M
Total Deposits
$25.68M
Total Loans
$24.10M
Members
2,541
Employees
8 5 Full-time / 3 Part-time
Allowance for Loan Losses
$157,519
Performance Ratios
Net Worth Ratio
15.37%
Loan-to-Deposit Ratio
93.85%
Coverage Ratio
0.65% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +30.81% Total Deposits: +27.32% Total Loans: +65.78% since 2020 Q1
Member Growth
Member Growth
Members: -5.96% since 2020 Q1
Employee Growth
Employee Growth
Employees: -11.11% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
378
Amount This Year (YTD)
$8.24M
Number of Loans per Quarter
Loans Granted: +12.66% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +143.21% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
Used Vehicle
$7.84M 32.5%
1st Mortgages
$5.68M 23.6%
Other Secured
$3.82M 15.9%
New Vehicle
$2.91M 12.1%
HELOCs
$2.13M 8.8%
Other Unsecured
$1.04M 4.3%
Credit Card
$670,326 2.8%
Portfolio Distribution
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 2,541 | $30.52M | $25.68M | $24.10M | 8 |
| 2025 Q3 | 2,527 | $29.72M | $25.07M | $23.68M | 8 |
| 2025 Q2 | 2,562 | $30.03M | $25.62M | $22.01M | 8 |
| 2025 Q1 | 2,561 | $31.75M | $27.43M | $21.96M | 8 |
| 2024 Q4 | 2,559 | $31.48M | $26.85M | $22.34M | 8 |
| 2024 Q3 | 2,567 | $32.26M | $27.88M | $22.57M | 8 |
| 2024 Q2 | 2,567 | $31.17M | $26.97M | $22.51M | 8 |
| 2024 Q1 | 2,574 | $29.72M | $25.61M | $22.22M | 9 |
| 2023 Q4 | 2,592 | $29.04M | $25.16M | $22.00M | 8 |
| 2023 Q3 | 2,574 | $29.45M | $25.60M | $20.45M | 9 |
| 2023 Q2 | 2,556 | $29.12M | $25.90M | $19.16M | 9 |
| 2023 Q1 | 2,539 | $30.69M | $27.06M | $17.05M | 9 |
| 2022 Q4 | 2,510 | $30.28M | $26.79M | $15.78M | 9 |
| 2022 Q3 | 2,495 | $30.00M | $26.42M | $14.89M | 9 |
| 2022 Q2 | 2,495 | $30.84M | $27.51M | $14.37M | 10 |
| 2022 Q1 | 2,498 | $30.77M | $27.33M | $13.90M | 9 |
| 2021 Q4 | 2,503 | $29.90M | $26.63M | $13.81M | 9 |
| 2021 Q3 | 2,505 | $29.66M | $26.30M | $13.39M | 10 |
| 2021 Q2 | 2,555 | $28.83M | $25.55M | $13.11M | 10 |
| 2021 Q1 | 2,648 | $29.73M | $26.41M | $13.04M | 11 |
| 2020 Q4 | 2,669 | $26.81M | $23.52M | $13.27M | 11 |
| 2020 Q3 | 2,678 | $25.61M | $22.36M | $13.83M | 11 |
| 2020 Q2 | 2,676 | $26.43M | $23.20M | $14.05M | 10 |
| 2020 Q1 | 2,702 | $23.34M | $20.17M | $14.54M | 9 |
Interest Rates
Current average rates by loan type
New Vehicle
4.47%
Used Vehicle
5.52%
1st Mortgage (Fixed)
4.84%
HELOC
7.48%
Credit Card
12.50%
Other Unsecured
10.40%