🏦Bank Scorer

WOLVERINE STATE

Alpena, MI · State Credit Union · Chartered in MI

Well Capitalized

Who can join

State government employees (special charter)

Charter #62203Est. 1966RSSD: 894991

Members

9,724

Net Worth Ratio

9.67%

min. 7% = Well Capitalized

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.

At a Glance

Total Assets

$169.1M

Peer Group 5

Members

9,724

as of latest quarter

Net Worth Ratio

9.67%

Well Capitalized

Institution Profile

NCUA

Address

1381 N Bagley St, Alpena, MI 49707-7941

Chartered

1966

Branch Locations

5 locations

Membership Eligibility

State government employees (special charter)

Financial Snapshot

As of Q1 2026NCUA 5300 Call Report

Total Assets

$169.1M

Total Shares

$151.9M

Total Loans

$110.6M

Net Income

$-230,001

Net Worth Ratio

9.67%

≥7% = Well Capitalized

Members

9,724

Return on Assets

-0.14%

annualized · >0.5% healthy

Delinquency Rate (60d+)

0.24%

$266K

Loan-to-share ratio: 72.8%· healthy range 60–80%

Branch Locations

NCUA

Wolverine State Credit Union

1381 N Bagley St, Alpena, MI, 49707-8101

M-F 8:30 a.m. to 5:30 p.m. Saturdays 9:00 a.m. to 12:00/noon (drive thru only)

MainATMDrive-thru

Wolverine State Credit Union

7421 US Highway 23 N, Alpena, MI, 49707-7941

ATM Only 24/7

ATM

Wolverine State Credit Union

417 W Chisholm St, Alpena, MI, 49707-2422

8:30 --5:00 - Monday-FridaySaturday: Drive-thru only - 9:00 - 12:00

ATMDrive-thru

Wolverine State Credit Union

201 N State St, Oscoda, MI, 48750-1752

8:30 AM to 5:00 PM Monday thru Friday

ATMDrive-thru

Wolverine State Credit Union

2498 Business Loop I-75, West Branch, MI, 48661

9:00 AM Till 5:00 PM

ATM

Mortgage Lending (HMDA)

CFPB HMDA

Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.

Consumer Complaints

CFPB / NCUA

No CFPB complaint data available for this credit union.

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Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.