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Credit Unions · Michigan

Wolverine State

Alpena, MI · NCUA Charter #62203 · State charter, federally insured · Chartered 1966

Total assets
$172.92M
Shares & deposits
$155.65M
Total loans
$116.37M
Members
9,824
Net worth
$16.67M
Branches
5
Rank: #1,401 of 4,299 U.S. credit unions by assets · #89 of 169 in Michigan. Assets changed 6.3% and membership 2.4% over the year to June 30, 2026.
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Key ratios

Net worth ratio (capital)9.64%
Return on assets (annualized, approx.)0.00%
Delinquent loans, 2+ months (share of loans)0.39%
Loans to shares & deposits74.8%
Net income (YTD)$0

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$145.09M$132.86M$0$12.86M
Jun 2023$143.19M$130.29M$0$13.93M
Jun 2024$148.27M$134.06M$0$14.78M
Jun 2025$162.65M$145.83M$0$16.05M
Jun 2026$172.92M$155.65M$0$16.67M

Branch footprint

StateBranches
Michigan5

Similar-sized credit unions

Aspen ($173.00M) · Artesia ($172.72M)

Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.

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