Sep, 30, 2025 — NORTHWEST CONSUMERS FEDERAL CREDIT UNION is a federal credit union headquartered in TRAVERSE CITY, MI with 1 branch location and about $25.36 million in total assets. Opened 74 years ago in 1952, NORTHWEST CONSUMERS FEDERAL CREDIT UNION has about 2,350 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHWEST CONSUMERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2948 Garfield Rd N TRAVERSE CITY, MI 49686-5008 |
| Phone: | (231) 947-7600 |
| Fax: | (231) 947-0732 |
| Website: | https://www.nwconsumers.org |
| Branches: | 1 branch locations |
| Members: | 2,350 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8077 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,363,428 |
| CEO/Manager: | Martin Hall |
| Chairperson: | Frances Butler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,124,009 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,756,750 |
| Unsecured Loans | 1,377,148 |
| Other Loans | 9,532,262 |
| TOTAL LOANS | 13,666,160 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,196 |
| Land And Building | 65,548 |
| Other Fixed Assets | 36,804 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 212,265 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,363,428 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 542 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 888,710 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,736,487 |
| Regular shares | 9,518,982 |
| All Other Shares & Deposits | 6,602,495 |
| TOTAL SHARES & DEPOSITS | 19,857,964 |
| TOTAL LIABILITIES | 20,747,216 |
| Regular Reserve | 0 |
| Other Reserves | -35,043 |
| Undivided Earnings | 4,651,255 |
| TOTAL EQUITY | 4,616,212 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,363,428 |
| INCOME & EXPENSE | |
| Loan Income | 690,238 |
| Investment Income | 291,798 |
| Other Income | 253,808 |
| Total Employee Compensation & Benefits | 342,907 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 476,314 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,202 |
| Cost of Funds | 61,985 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 343,967 |
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