Sep, 30, 2025 — IRON MOUNTAIN KINGSFORD COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in KINGSFORD, MI with 1 branch location and about $142.76 million in total assets. Opened 78 years ago in 1948, IRON MOUNTAIN KINGSFORD COMMUNITY FEDERAL CREDIT UNION has about 10,184 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IRON MOUNTAIN KINGSFORD COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 400 S Carpenter Ave KINGSFORD, MI 49802-4527 |
| Phone: | (906) 774-6020 |
| Fax: | (906) 774-8816 |
| Website: | https://www.pcbranch.com |
| Branches: | 1 branch locations |
| Members: | 10,184 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5660 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $142,759,879 |
| CEO/Manager: | Scott L Dickman |
| Chairperson: | Kathy Barnes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,706,325 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,663,452 |
| Unsecured Loans | 3,198,452 |
| Other Loans | 17,838,454 |
| TOTAL LOANS | 36,700,358 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -257,955 |
| Land And Building | 1,860,960 |
| Other Fixed Assets | 64,284 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,140,649 |
| All Other Assets | 0 |
| TOTAL ASSETS | 142,759,879 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 973,585 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,959,562 |
| Regular shares | 78,230,545 |
| All Other Shares & Deposits | 15,823,830 |
| TOTAL SHARES & DEPOSITS | 117,013,937 |
| TOTAL LIABILITIES | 117,987,522 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 24,772,357 |
| TOTAL EQUITY | 24,772,357 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 142,759,879 |
| INCOME & EXPENSE | |
| Loan Income | 1,555,805 |
| Investment Income | 3,364,364 |
| Other Income | 128,207 |
| Total Employee Compensation & Benefits | 1,622,949 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,358,388 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 25,000 |
| Cost of Funds | 358,009 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,137,310 |
| ↑ Back to Top | |