SAFE HARBOR Credit Union Profile

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SAFE HARBOR

Charter #61988 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (231) 843-2323

Fax: (231) 845-7654

Founding Date: N/A

Website: http://www.safeharborcu.org

Personnel & Operations

President: Kasley, David

Manager: Johnson, Adam

FT Employees: 39

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: Monday - Thursday, 8:30 am - 5:00 pm Friday

Credit Union Profile Summary

SAFE HARBOR is a FISCU Credit Union. With a total of 8,996 members [1], this institution manages approximately $182,443,707 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.07% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 11.36% [1].

Financial Snapshot

Total Assets [1]
$182,443,707

Total economic resources.

Total Loans [1]
$149,728,072

Total value of outstanding loans.

Total Deposits [1]
$165,471,779

Total funds deposited by members.

Members [1]
8,996

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.07%

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]
1.01%

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

Loan-to-Share Ratio [1]
90.49%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
15.87%

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

Loan Growth (4Q) [1]
11.36%

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

Member Growth (4Q) [1]
9.45%

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

Headquarters Location & Map

Headquarters Address

5511 W US Highway 10

Ludington, MI, 49431-2455

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 1 branches reported by SAFE HARBOR (Charter #61988).

Main Office

Main Office Main Office

Type: Corporate Office

5511 W US Highway 10

Ludington, MI 49431-2455

Phone: (231) 843-2323

Services: Member Services, ATM, Drive-Thru

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