Overview / Commentary
Alpena Community Credit Union is headquartered in Alpena and is the 153rd largest credit union in the state of Michigan. It is also the 2,788th largest credit union in the nation. It was established in 1970 and as of March of 2025, it had grown to 8 employees and 2,310 members at 1 location. Alpena Community Credit Union has a B+ health rating.
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Alpena Community Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62264 |
| Year Chartered | 1970 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 11.31% |
| Annual Interest Income | $310K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $33.8MM$32.8MM |
| Loans | Q1 2025vs Q1 2024 | $14.8MM$13.3MM |
| Deposits | Q1 2025vs Q1 2024 | $29.5MM$29.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $4.1MM$2.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $20K$13K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $8K$27K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |