Sep, 30, 2025 — UNITED FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in SAGINAW, MI with 10 branch locations and about $339.43 million in total assets. Opened 62 years ago in 1964, UNITED FINANCIAL CREDIT UNION has about 21,599 members and employs 85 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4685 State St SAGINAW, MI 48603 |
| Phone: | (989) 777-3620 |
| Fax: | |
| Website: | https://www.unitedfinancialcu.org/ |
| Branches: | 10 branch locations |
| Members: | 21,599 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61657 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $339,431,807 |
| CEO/Manager: | BARBARA APPOLD |
| Chairperson: | Luke Dankert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,664,725 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 118,101,183 |
| Unsecured Loans | 7,826,995 |
| Other Loans | 83,780,267 |
| TOTAL LOANS | 209,708,445 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,630,659 |
| Land And Building | 10,511,274 |
| Other Fixed Assets | 1,309,616 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,800,735 |
| All Other Assets | 127,647 |
| TOTAL ASSETS | 339,431,807 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,099,337 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 46,497,093 |
| Regular shares | 69,071,134 |
| All Other Shares & Deposits | 191,518,223 |
| TOTAL SHARES & DEPOSITS | 307,086,448 |
| TOTAL LIABILITIES | 308,185,785 |
| Regular Reserve | 0 |
| Other Reserves | -1,168,839 |
| Undivided Earnings | 32,414,861 |
| TOTAL EQUITY | 31,246,022 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 339,431,807 |
| INCOME & EXPENSE | |
| Loan Income | 8,939,151 |
| Investment Income | 2,397,681 |
| Other Income | 1,609,327 |
| Total Employee Compensation & Benefits | 3,860,937 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,240,100 |
| Non-operating Income & (Expense) | -100,356 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 737,685 |
| Cost of Funds | 3,685,697 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,689,403 |
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