Sep, 30, 2025 — EMBERS CREDIT UNION is a federally insured state chartered credit union headquartered in MARQUETTE, MI with 7 branch locations and about $575.19 million in total assets. Opened 73 years ago in 1953, EMBERS CREDIT UNION has about 32,834 members and employs 137 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EMBERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 601 S McClellan Ave MARQUETTE, MI 49855 |
| Phone: | (906) 228-7080 |
| Fax: | |
| Website: | https://www.embers.org |
| Branches: | 7 branch locations |
| Members: | 32,834 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62038 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $575,192,440 |
| CEO/Manager: | Thomas Blake |
| Chairperson: | Leonard M Angeli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 45,064,967 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 202,100,126 |
| Unsecured Loans | 25,986,891 |
| Other Loans | 133,422,987 |
| TOTAL LOANS | 361,510,005 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,130,976 |
| Land And Building | 12,713,604 |
| Other Fixed Assets | 1,053,398 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,803,297 |
| All Other Assets | 45,254 |
| TOTAL ASSETS | 575,192,440 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 232,378 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,456,783 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 88,139,596 |
| Regular shares | 151,516,628 |
| All Other Shares & Deposits | 264,467,258 |
| TOTAL SHARES & DEPOSITS | 504,123,481 |
| TOTAL LIABILITIES | 511,832,642 |
| Regular Reserve | 0 |
| Other Reserves | 21,753,850 |
| Undivided Earnings | 41,605,948 |
| TOTAL EQUITY | 63,359,798 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 575,192,440 |
| INCOME & EXPENSE | |
| Loan Income | 17,468,449 |
| Investment Income | 2,681,779 |
| Other Income | 2,191,203 |
| Total Employee Compensation & Benefits | 7,532,827 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,191,984 |
| Non-operating Income & (Expense) | 28,949 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 730,000 |
| Cost of Funds | 5,820,720 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,401,912 |
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