MANISTIQUE Credit Union Profile

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MANISTIQUE

Charter #18067 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (906) 341-6914

Fax: (906) 341-2810

Founding Date: N/A

Website: http://www.manistiquefederal.com

Personnel & Operations

President: Watchorn, Gary

Manager: Rochefort, Tammy

FT Employees: 9

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: MONDAY - THURSDAY 8:30AM TO 4:30PM FRIDAY

Credit Union Profile Summary

MANISTIQUE is a FCU Credit Union. With a total of 3,112 members [1], this institution manages approximately $40,982,168 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.06% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.33% [1].

Financial Snapshot

Total Assets [1]
$40,982,168

Total economic resources.

Total Loans [1]
$19,341,249

Total value of outstanding loans.

Total Deposits [1]
$34,610,973

Total funds deposited by members.

Members [1]
3,112

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.06%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.98%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
55.88%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
1.21%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
0.33%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
0.42%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

121 E ELK ST

MANISTIQUE, MI, 49854-1207

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by MANISTIQUE (Charter #18067).

Main Office

Manistique Federal Credit Union Main Office

Type: Corporate Office

121 E Elk St

Manistique, MI 49854-1207

Phone: (906) 341-6914

Services: Member Services, ATM, Drive-Thru

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