LAKE HURON Credit Union Profile

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LAKE HURON

Charter #61638 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (989) 752-5214

Fax: (989) 752-0203

Founding Date: N/A

Website: http://www.lhcu.org

Personnel & Operations

President: Willett, Steve

Manager: Lee, Beverly

FT Employees: 23

PT Employees: 5

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: 9-5:30 Monday, Tuesday, 10-5:30 Wednesday

Credit Union Profile Summary

LAKE HURON is a FISCU Credit Union. With a total of 6,384 members [1], this institution manages approximately $83,960,609 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.38% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.17% [1].

Financial Snapshot

Total Assets [1]
$83,960,609

Total economic resources.

Total Loans [1]
$59,314,643

Total value of outstanding loans.

Total Deposits [1]
$69,844,565

Total funds deposited by members.

Members [1]
6,384

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.38%

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]
0.42%

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

Loan-to-Share Ratio [1]
84.92%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 3.77%

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

Loan Growth (4Q) [1]
↑ 4.17%

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

Member Growth (4Q) [1]
↓ -5.21%

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

Headquarters Location & Map

Headquarters Address

1540 Tittabawassee Rd

Saginaw, MI, 48604-9445
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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 LAKE HURON (Charter #61638).

Main Office

Main Office Main Office

Type: Corporate Office

1540 Tittabawassee Rd

Saginaw, MI 48604-9445

Phone: (989) 752-5214

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Saginaw

Shattuck Branch

Type: Branch Office

5685 Shattuck Rd

Saginaw, MI 48603

Phone: (989) 752-5214

Services: Member Services, ATM, Drive-Thru

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