Sep, 30, 2025 — TBA CREDIT UNION is a federally insured state chartered credit union headquartered in TRAVERSE CITY, MI with 2 branch locations and about $372.82 million in total assets. Opened 71 years ago in 1955, TBA CREDIT UNION has about 20,413 members and employs 79 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TBA CREDIT UNION |
|---|---|
| Address: (Main Office) | 630 E Front St TRAVERSE CITY, MI 49686-2618 |
| Phone: | (231) 946-7090 |
| Fax: | (231) 932-5050 |
| Website: | https://www.tbacu.com |
| Branches: | 2 branch locations |
| Members: | 20,413 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61795 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $372,815,256 |
| CEO/Manager: | Karen E Browne |
| Chairperson: | Jessica J Young |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,850,991 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 396,403 |
| Real Estate Loans | 117,391,253 |
| Unsecured Loans | 17,686,733 |
| Other Loans | 129,540,530 |
| TOTAL LOANS | 264,618,516 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,780,177 |
| Land And Building | 9,247,380 |
| Other Fixed Assets | 1,274,203 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,957,416 |
| All Other Assets | 1,787,037 |
| TOTAL ASSETS | 372,815,256 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 316,284 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,623,036 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 67,140,552 |
| Regular shares | 108,858,504 |
| All Other Shares & Deposits | 139,589,269 |
| TOTAL SHARES & DEPOSITS | 315,588,326 |
| TOTAL LIABILITIES | 317,527,646 |
| Regular Reserve | 0 |
| Other Reserves | 1,263,322 |
| Undivided Earnings | 54,024,288 |
| TOTAL EQUITY | 55,287,610 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 372,815,256 |
| INCOME & EXPENSE | |
| Loan Income | 13,051,066 |
| Investment Income | 2,108,175 |
| Other Income | 1,171,814 |
| Total Employee Compensation & Benefits | 5,138,533 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,078,591 |
| Non-operating Income & (Expense) | -3,921 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,290,109 |
| Cost of Funds | 3,178,213 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,014,478 |
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