HARBORLIGHT Credit Union Profile

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HARBORLIGHT

Charter #62066 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (231) 894-5608

Fax: (231) 894-5530

Founding Date: N/A

Website: http://www.harborlightcu.org

Personnel & Operations

President: Andrews, Lee

Manager: Bamford, Justin

FT Employees: 42

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: LOBBY HOURS: MON, WED, THURS, FRI 9:00

Credit Union Profile Summary

HARBORLIGHT is a FISCU Credit Union. With a total of 11,567 members [1], this institution manages approximately $164,248,458 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.49% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.42% [1].

Financial Snapshot

Total Assets [1]
$164,248,458

Total economic resources.

Total Loans [1]
$108,152,909

Total value of outstanding loans.

Total Deposits [1]
$145,138,438

Total funds deposited by members.

Members [1]
11,567

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.49%

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]
1.10%

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

Loan-to-Share Ratio [1]
74.52%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 4.41%

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

Loan Growth (4Q) [1]
↑ 4.42%

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

Member Growth (4Q) [1]
↑ 0.71%

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

Headquarters Location & Map

Headquarters Address

2151 COGSWELL DR

WHITEHALL, MI, 49461
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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 HARBORLIGHT (Charter #62066).

Main Office

HarborLight CU Main Office

Type: Corporate Office

2151 Cogswell Dr

Whitehall, MI 49461

Phone: (231) 894-5608

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Whitehall

HarborLIght CU 003

Type: Branch Office

2710 Holton Whitehall Road

Whitehall, MI 49461

Phone: (231) 894-5608

Services: Member Services, ATM, Drive-Thru

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