WEST MICHIGAN POSTAL SERVICE Credit Union Profile

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WEST MICHIGAN POSTAL SERVICE

Charter #7910 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (231) 722-3921

Fax: (231) 728-0246

Founding Date: N/A

Website: http://www.wmpsfcu.com

Personnel & Operations

President: Leonard, Alan

Manager: Sternberg, Damian

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: 8:30 - 5:00 MONDAY, TUESDAY, WEDNESDAY, THU

Credit Union Profile Summary

WEST MICHIGAN POSTAL SERVICE is a FCU Credit Union. With a total of 810 members [1], this institution manages approximately $7,139,816 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.55% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 12.35% [1].

Financial Snapshot

Total Assets [1]
$7,139,816

Total economic resources.

Total Loans [1]
$4,939,045

Total value of outstanding loans.

Total Deposits [1]
$6,170,707

Total funds deposited by members.

Members [1]
810

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.55%

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]
0.91%

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

Loan-to-Share Ratio [1]
80.04%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.61%

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

Loan Growth (4Q) [1]
↑ 12.35%

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

Member Growth (4Q) [1]
↑ 0.12%

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

Headquarters Location & Map

Headquarters Address

800 1ST ST, ROOM 212

MUSKEGON, MI, 49440
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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 WEST MICHIGAN POSTAL SERVICE (Charter #7910).

Main Office

Main Main Office

Type: Corporate Office

800 1st St

Room 212

Muskegon, MI 49440

Phone: (231) 722-3921

Services: Member Services

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