FARM BUREAU FAMILY Credit Union Profile

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FARM BUREAU FAMILY

Charter #62330 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (517) 679-5274

Fax:

Founding Date: N/A

Website: HTTP://WWW.FARMBUREAUFAMILYCU.ORG

Personnel & Operations

President: Holmberg, Nicholas

Manager: Bussa, Brandon

FT Employees: 5

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 8-4:30 M-F

Credit Union Profile Summary

FARM BUREAU FAMILY is a FISCU Credit Union. With a total of 2,207 members [1], this institution manages approximately $25,338,264 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.6% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.28% [1].

Financial Snapshot

Total Assets [1]
$25,338,264

Total economic resources.

Total Loans [1]
$14,880,728

Total value of outstanding loans.

Total Deposits [1]
$22,459,674

Total funds deposited by members.

Members [1]
2,207

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.6%

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]
1.61%

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

Loan-to-Share Ratio [1]
66.26%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
5.86%

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

Loan Growth (4Q) [1]
-2.28%

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

Member Growth (4Q) [1]
16.16%

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

Headquarters Location & Map

Headquarters Address

7373 W SAGINAW HWY

LANSING, MI, 48917-1124

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by FARM BUREAU FAMILY (Charter #62330).

Main Office

Main office Main Office

Type: Corporate Office

7373 W Saginaw Hwy

Lansing, MI 48917-1124

Phone: (517) 679-5274

Services: Member Services

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