Credit Unions Near Me
National Credit Union Service Organization

NORTHERN UNITED FEDERAL CREDIT UNION

Dec, 31, 2023 — NORTHERN UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in ESCANABA, MI with 1 branch location and about $24.27 million in total assets. Opened 84 years ago in 1940, NORTHERN UNITED FEDERAL CREDIT UNION has about 2,148 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTHERN UNITED FEDERAL CREDIT UNION
Address:
(Main Office)
123 S LINCOLN RD
ESCANABA, MI 49829-1339
Phone:(906) 786-0888
Fax:(906) 786-6762
Website:https://www.northernufcu.org
Branches:1 branch locations
Members:2,148
Credit Union Type:Federal Credit Union
Charter Number:3726
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1940
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$24,274,406
CEO/Manager:Karen Dahl
Chairperson:David Cowen

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,545,062
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,432,783
 Unsecured Loans 875,975
 Other Loans 3,864,084
 TOTAL LOANS 7,172,842
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,644
 Land And Building 345,737
 Other Fixed Assets 42,163
 NCUSIF Deposit 192,249
 All Other Assets 0
  TOTAL ASSETS 24,274,406
LIABILITIES & CAPITAL:  
 Dividends Payable 85
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 57,219
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,771,887
 Regular shares 16,570,402
 All Other Shares & Deposits 1,453,053
  TOTAL SHARES & DEPOSITS 21,795,342
  TOTAL LIABILITIES 21,852,646
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,421,760
  TOTAL EQUITY 2,421,760
  TOTAL LIABILITIES, SHARES, & EQUITY 24,274,406
INCOME & EXPENSE  
 Loan Income 81,993
 Investment Income 27,946
 Other Income 38,950
 Total Employee Compensation & Benefits 104,661
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 325,009
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -2,798
 Cost of Funds 2,883
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -280,866
↑ Back to Top

Other Credit Unions

ROCK COMMUNITY FEDERAL CREDIT UNION
3975 W Maple Ridge 37th Rd
ROCK, MI 49880-9489
NORTHERN LIGHTS COMMUNITY FEDERAL CREDIT UNION
PO Box 126
CHATHAM, MI 49816
MANISTIQUE FEDERAL CREDIT UNION
121 E Elk St
MANISTIQUE, MI 49854-1207
FRANKFORT COMMUNITY FEDERAL CREDIT UNION
921 Forest Ave
FRANKFORT, MI 49635
GREAT LAKES FIRST FEDERAL CREDIT UNION
2110 3rd Ave N
ESCANABA, MI 49829-2333
LIMESTONE FEDERAL CREDIT UNION
131 RIVER ST
MANISTIQUE, MI 49854
BARAGA COUNTY FEDERAL CREDIT UNION
101 E Broad St
LANSE, MI 49946-1013
PENINSULA FEDERAL CREDIT UNION
2929 3rd Ave N
ESCANABA, MI 49829-4203
U.P. STATE CREDIT UNION
123 S Lincoln Rd
ESCANABA, MI 49829-1339
INTEGRA FIRST FEDERAL CREDIT UNION
W3803 US Highway 2/41
POWERS, MI 49874-9793