Sep, 30, 2025 — MUSKEGON CO OP FEDERAL CREDIT UNION is a federal credit union headquartered in MUSKEGON, MI with 2 branch locations and about $96.75 million in total assets. Opened 77 years ago in 1949, MUSKEGON CO OP FEDERAL CREDIT UNION has about 9,594 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: | MUSKEGON CO OP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 715 Terrace St MUSKEGON, MI 49440 |
| Phone: | (231) 726-4871 |
| Fax: | (231) 722-2628 |
| Website: | https://www.route31cu.com |
| Branches: | 2 branch locations |
| Members: | 9,594 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5982 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $96,745,326 |
| CEO/Manager: | John Rupert |
| Chairperson: | Charles G Scott |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,728,062 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,115,324 |
| Unsecured Loans | 2,280,774 |
| Other Loans | 48,603,291 |
| TOTAL LOANS | 63,999,389 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -322,287 |
| Land And Building | 231,609 |
| Other Fixed Assets | 195,525 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 783,750 |
| All Other Assets | 0 |
| TOTAL ASSETS | 96,745,326 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,208,221 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,882,204 |
| Regular shares | 25,845,603 |
| All Other Shares & Deposits | 44,666,667 |
| TOTAL SHARES & DEPOSITS | 82,394,474 |
| TOTAL LIABILITIES | 83,602,698 |
| Regular Reserve | 0 |
| Other Reserves | -12,719 |
| Undivided Earnings | 13,155,347 |
| TOTAL EQUITY | 13,142,628 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 96,745,326 |
| INCOME & EXPENSE | |
| Loan Income | 3,108,055 |
| Investment Income | 766,126 |
| Other Income | 718,489 |
| Total Employee Compensation & Benefits | 1,850,165 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,891,894 |
| Non-operating Income & (Expense) | 524,866 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 181,652 |
| Cost of Funds | 1,206,785 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 460,018 |
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