Overview / Commentary
Filer Credit Union is headquartered in Manistee and is the 72nd largest credit union in the state of Michigan. It is also the 1,165th largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 49 employees and 12,863 members at 4 locations. Filer Credit Union has an A health rating.
Field of Membership Restrictions
Filer Credit Union is open to anyone who lives, works, or worships in the Michigan counties of Benzie, Grand, Lake, Manistee, Mason, Traverse, or Wexford. Family members of current Filer Credit Union members are also eligible to join.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62010 |
| Year Chartered | 1951 |
| Employees | 49 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 8.76% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $240.7MM$234.1MM |
| Loans | Q1 2025vs Q1 2024 | $139.1MM$138.3MM |
| Deposits | Q1 2025vs Q1 2024 | $215.4MM$212.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $24MM$19.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.7MM$1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.2MM$956K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $5K$0 |