ALPENA-ALCONA AREA Credit Union Profile

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ALPENA-ALCONA AREA

Charter #62035 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (989) 356-3577

Fax: (989) 354-5551

Founding Date: N/A

Website: HTTP://WWW.AAACU.COM

Personnel & Operations

President: Negro, Charles

Manager: Mills, Donald

FT Employees: 129

PT Employees: 22

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 13

Hours: M -TH 8:30 am - 5:00 pm FRI 8:30 am - 6:00

Credit Union Profile Summary

ALPENA-ALCONA AREA is a FISCU Credit Union. With a total of 48,251 members [1], this institution manages approximately $902,890,930 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.7% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 16.25% [1].

Financial Snapshot

Total Assets [1]
$902,890,930

Total economic resources.

Total Loans [1]
$551,702,604

Total value of outstanding loans.

Total Deposits [1]
$788,412,820

Total funds deposited by members.

Members [1]
48,251

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.7%

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]
1.52%

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

Loan-to-Share Ratio [1]
69.98%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
9.89%

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

Loan Growth (4Q) [1]
16.25%

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

Member Growth (4Q) [1]
3.25%

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

Headquarters Location & Map

Headquarters Address

1100 S Bagley St

Alpena, MI, 49707-8104

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 10 branches reported by ALPENA-ALCONA AREA (Charter #62035).

Main Office

Alpena Office Main Office

Type: Corporate Office

1100 S Bagley St

Alpena, MI 49707-8104

Phone: (989) 356-3577

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Alpena

Alpena North Office

Type: Branch Office

1013 US Highway 23 N

Alpena, MI 49707-1249

Phone: (989) 356-3577

Services: Member Services, ATM, Drive-Thru

Open in Directions

Wildcat Branch

Type: Branch Office

3303 S 3rd Ave

Alpena, MI 49707

Phone: (989) 356-3577

Services: Member Services, ATM

Open in Directions

Atlanta

Atlanta Office

Type: Branch Office

12285 Jerome St

Atlanta, MI 49709-9369

Phone: (989) 785-3800

Services: Member Services, ATM, Drive-Thru

Open in Directions

Lincoln

Lincoln Office

Type: Branch Office

111 S Church St

Lincoln, MI 48742

Phone: (989) 736-8912

Services: Member Services, ATM, Drive-Thru

Open in Directions

Tiger Branch

Type: Branch Office

51 N Barlow Road

Lincoln, MI 48742

Phone: (989) 464-5694

Services: Member Services

Open in Directions

Oscoda

Oscoda Office

Type: Branch Office

103 S State St

Oscoda, MI 48750-1632

Phone: (989) 739-9103

Services: Member Services, Drive-Thru

Open in Directions

Owl's Nest

Type: Branch Office

3550 E River Rd

Oscoda, MI 48750

Phone: (989) 354-1593

Services: Member Services

Open in Directions

Ossineke

Ossineke Office

Type: Branch Office

11610 US Highway 23 S

Ossineke, MI 49766-9586

Phone: (989) 471-2332

Services: Member Services, ATM, Drive-Thru

Open in Directions

Tawas City

Tawas Office

Type: Branch Office

118 W M 55

Tawas City, MI 48763-9251

Phone: (989) 362-7980

Services: Member Services, ATM, Drive-Thru

Open in Directions