Ludington, MI · State Credit Union · Chartered in MI
Who can join
State government employees (special charter)
Members
8,971
Net Worth Ratio
9.60%
min. 7% = Well Capitalized
Contact & Details
NCUAWebsite
Phone
Address
Branch Locations
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
Total Assets
$181.7M
Total Shares
$163.9M
Total Loans
$151.0M
Net Income
$-67,752
Net Worth Ratio
9.60%
≥7% = Well Capitalized
Members
8,971
Return on Assets
-0.04%
annualized · >0.5% healthy
Delinquency Rate (60d+)
0.86%
$1.3M
No HMDA mortgage lending data on record for this credit union.
No CFPB complaint data available for this credit union.
Main Office
5511 W US Highway 10, Ludington, MI, 49431-2455
Monday - Thursday, 8:30 am - 5:00 pm Friday 8:30 am - 6:00 pm Saturday 8:30 am - Noon
Copy the snippet below to embed a link to this profile on your website.
<a href="https://bankscorer.com/credit-union/safe-harbor" target="_blank" rel="noopener">View SAFE HARBOR on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.
Loan-to-share ratio: 92.2%· healthy range 60–80%