Blue Water Federal Credit Union
Blue Water Federal Credit Union is headquartered in PORT HURON and is the 198th largest credit union in the state of Michigan. It is also the 3,700th largest credit union in the nation. It was established in 1959 and as of December of 2018, it had grown to 3 employees and 1,347 members at 3 locations. Blue Water Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to postal and federal employees in Huron, St. Clair, Tuscola and Sanilac Counties in Michigan and in the towns of Memphis, Armada, New Baltimore, Mount Clemens, Richmond, New Haven, and Saint Clair Shores in Macomb County and the towns of Clifford, Imlay City and Lapeer in Lapeer County.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 12906 |
| Year Chartered | 1959 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 3.2% |
| Annual Interest Income | $460.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $14.3MM$14.3MM |
| Loans | Q4 2018vs Q4 2017 | $9.0MM$8.8MM |
| Deposits | Q4 2018vs Q4 2017 | $11.6MM$11.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $2.6MM$2.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $16.00K$20.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $0$0 |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates for Blue Water Federal Credit Union are currently being reviewed.
| Blue Water Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 526 WATER ST RM 113 | PORT HURON, MI 48060-5463 |
| Branch Office | 3910 Lapeer Rd | Port Huron, MI 48060-2402 |
| Branch Office | 3031 Airpark Dr N | Flint, MI 48507-3471 |