FEDERAL EMPLOYEES OF CHIPPEWA CNTY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.fecccu.com for more information.
Sep, 30, 2025 — FEDERAL EMPLOYEES OF CHIPPEWA CNTY CREDIT UNION is a federally insured state chartered credit union headquartered in Sault Sainte Ma, MI with 1 branch location and about $16.44 million in total assets. Opened 69 years ago in 1957, FEDERAL EMPLOYEES OF CHIPPEWA CNTY CREDIT UNION has about 1,344 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FEDERAL EMPLOYEES OF CHIPPEWA CNTY CREDIT UNION |
|---|---|
| Address: (Main Office) | 119 E Water St Sault Sainte Ma, MI 49783-2074 |
| Phone: | (906) 632-4210 |
| Fax: | (906) 632-4360 |
| Website: | https://www.fecccu.com |
| Branches: | 1 branch locations |
| Members: | 1,344 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62105 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,442,543 |
| CEO/Manager: | Sabrina M Oshelski |
| Chairperson: | Kali Brosco |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,965,601 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 60,482 |
| Unsecured Loans | 579,475 |
| Other Loans | 10,058,926 |
| TOTAL LOANS | 10,698,883 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -88,360 |
| Land And Building | 0 |
| Other Fixed Assets | 6,634 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 135,636 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,442,543 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 88 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 167,120 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,237,424 |
| Regular shares | 7,933,757 |
| All Other Shares & Deposits | 4,747,063 |
| TOTAL SHARES & DEPOSITS | 14,918,244 |
| TOTAL LIABILITIES | 15,085,452 |
| Regular Reserve | 0 |
| Other Reserves | 181,537 |
| Undivided Earnings | 1,175,554 |
| TOTAL EQUITY | 1,357,091 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,442,543 |
| INCOME & EXPENSE | |
| Loan Income | 308,817 |
| Investment Income | 33,430 |
| Other Income | 28,667 |
| Total Employee Compensation & Benefits | 145,874 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 116,007 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,500 |
| Cost of Funds | 7,448 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 99,801 |
| ↑ Back to Top | |