BARAGA COUNTY Credit Union Profile

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BARAGA COUNTY

Charter #7672 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (906) 524-6151

Fax: (906) 524-5515

Founding Date: N/A

Website: https://www.baragafcu.secure.cusolu

Personnel & Operations

President: BEER, CATHRYN

Manager: JAHFETSON, DAWN

FT Employees: 10

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: MONDAY-FRIDAY 8:30-5:00

Credit Union Profile Summary

BARAGA COUNTY is a FCU Credit Union. With a total of 4,829 members [1], this institution manages approximately $59,008,957 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.72% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.56% [1].

Financial Snapshot

Total Assets [1]
$59,008,957

Total economic resources.

Total Loans [1]
$19,766,975

Total value of outstanding loans.

Total Deposits [1]
$54,503,434

Total funds deposited by members.

Members [1]
4,829

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.72%

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]
0.65%

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

Loan-to-Share Ratio [1]
36.27%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
6.53%

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

Loan Growth (4Q) [1]
4.56%

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

Member Growth (4Q) [1]
7.45%

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

Headquarters Location & Map

Headquarters Address

101 E BROAD ST

LANSE, MI, 49946-1013

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 BARAGA COUNTY (Charter #7672).

Main Office

Baraga County Federal Credit Union Main Office

Type: Corporate Office

101 E Broad St

Lanse, MI 49946-1013

Phone: (906) 524-6151

Services: Member Services, ATM, Drive-Thru

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