Sep, 30, 2025 — FINANCIALEDGE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BAY CITY, MI with 2 branch locations and about $136.22 million in total assets. Opened 76 years ago in 1950, FINANCIALEDGE COMMUNITY CREDIT UNION has about 8,769 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FINANCIALEDGE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1199 S Euclid Ave BAY CITY, MI 48706 |
| Phone: | (989) 892-6088 |
| Fax: | (989) 460-3194 |
| Website: | https://www.finedgecu.org |
| Branches: | 2 branch locations |
| Members: | 8,769 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61619 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $136,223,177 |
| CEO/Manager: | Jeremy L Coberley |
| Chairperson: | Norma Felker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,299,604 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 45,488,580 |
| Unsecured Loans | 7,760,872 |
| Other Loans | 31,080,621 |
| TOTAL LOANS | 84,457,499 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -521,120 |
| Land And Building | 5,244,595 |
| Other Fixed Assets | 691,841 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,066,923 |
| All Other Assets | 74,658 |
| TOTAL ASSETS | 136,223,177 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 28,317 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,034,319 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,686,096 |
| Regular shares | 49,347,414 |
| All Other Shares & Deposits | 50,850,329 |
| TOTAL SHARES & DEPOSITS | 117,883,839 |
| TOTAL LIABILITIES | 118,946,475 |
| Regular Reserve | 0 |
| Other Reserves | -36,879 |
| Undivided Earnings | 17,313,581 |
| TOTAL EQUITY | 17,276,702 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 136,223,177 |
| INCOME & EXPENSE | |
| Loan Income | 3,727,357 |
| Investment Income | 1,274,749 |
| Other Income | 673,905 |
| Total Employee Compensation & Benefits | 2,015,886 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,216,139 |
| Non-operating Income & (Expense) | 1,901 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 111,900 |
| Cost of Funds | 1,078,328 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,088,872 |
| ↑ Back to Top | |