ROUTE 31 Credit Union Profile

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ROUTE 31

Charter #5982 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (231) 726-4871

Fax: (231) 722-2628

Founding Date: N/A

Website: http://www.route31cu.com

Personnel & Operations

President: Scott, Charles

Manager: Rupert, John

FT Employees: 32

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 2

Hours: M, Tu, Th 9:30-5:00 W 9:30-5:00 F 9:30-6:00

Credit Union Profile Summary

ROUTE 31 is a FCU Credit Union. With a total of 9,835 members [1], this institution manages approximately $98,410,413 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.28% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.34% [1].

Financial Snapshot

Total Assets [1]
$98,410,413

Total economic resources.

Total Loans [1]
$64,846,987

Total value of outstanding loans.

Total Deposits [1]
$83,610,095

Total funds deposited by members.

Members [1]
9,835

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.28%

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]
0.63%

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

Loan-to-Share Ratio [1]
77.56%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 4.56%

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

Loan Growth (4Q) [1]
↓ -9.34%

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

Member Growth (4Q) [1]
↓ -2.27%

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

Headquarters Location & Map

Headquarters Address

715 Terrace St, Ste 101

Muskegon, MI, 49440
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by ROUTE 31 (Charter #5982).

Main Office

Terrace Main Office Main Office

Type: Corporate Office

715 Terrace St

Ste 101

Muskegon, MI 49440

Phone: (231) 726-4871

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Muskegon

Laketon Avenue Branch

Type: Branch Office

1920 E Laketon Ave

Muskegon, MI 49442

Phone: (231) 773-4244

Services: Member Services, ATM, Drive-Thru

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