Overview / Commentary
Graco Federal Credit Union is headquartered in Alma and is the 155th largest credit union in the state of Michigan. It is also the 2,862nd largest credit union in the nation. It was established in 1962 and as of March of 2025, it had grown to 8 employees and 3,435 members at 1 location. Graco Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Graco Federal Credit Union is open to those who live, work, worship, or attend school in Gratiot County, Michigan.
See current membership details
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. Graco Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15304 |
| Year Chartered | 1962 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 7.49% |
| Annual Interest Income | $399K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $31.3MM$29.8MM |
| Loans | Q1 2025vs Q1 2024 | $16.4MM$18.1MM |
| Deposits | Q1 2025vs Q1 2024 | $27.9MM$26.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.2MM$2.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $182K$164K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $90K$98K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |