Iron Mountain Kingsford Community Federal Credit Union


Overview / Commentary
906-774-6020
400 S Carpenter Ave
Kingsford, MI 49802

Iron Mountain Kingsford Community Federal Credit Union is headquartered in Kingsford and is the 97th largest credit union in the state of Michigan. It is also the 1,548th largest credit union in the nation. It was established in 1948 and as of June of 2024, it had grown to 25 employees and 10,394 members at 1 location. Iron Mountain Kingsford Community Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership to Iron Mountain Kingsford Community Federal Credit Union is open to those who live, work, worship, or attend school in Dickinson County, Michigan; and residents of the state of Wisconsin within a 5-mile radius of the Iron Mountain, Michigan Post Office or immediate family or households of those listed above.
See current membership details

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Health

Health Grade Components

Overall
NCUA #5660
Year Chartered1948
Employees25
Primary Regulator
Profit Margin
Return on Assets - YTD2.36%
Return on Equity - YTD15.47%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$139.3MM$136.7MM
LoansQ2 2024vs Q2 2023$35.8MM$34.6MM
DepositsQ2 2024vs Q2 2023$116.8MM$118.2MM
Equity CapitalQ2 2024vs Q2 2023$21.1MM$17.6MM
Loan Loss AllowanceQ2 2024vs Q2 2023$246K$226K
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$40K$184K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

Sorry, we do not have rate data for Iron Mountain Kingsford Community Federal Credit Union.

Locations


Iron Mountain Kingsford Community Federal Credit Union Locations
Branch Office400 S Carpenter AveKingsford, MI 49802-4527

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