Overview / Commentary
OMNI Community Credit Union is headquartered in Battle Creek and is the 40th largest credit union in the state of Michigan. It is also the 681st largest credit union in the nation. It was established in 1952 and as of September of 2024, it had grown to 118 employees and 45,826 members at 13 locations. OMNI Community Credit Union has an A health rating.
Field of Membership Restrictions
Omni Community Credit Union is open to those who live, work, worship, or attend school anywhere in the state of Michigan. Individuals who live or work in the Indiana counties of Elkhart, LaGrange, or St. Joseph also qualify for membership. Family members of current Omni Community Credit Union members are also eligible for membership.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60105 |
| Year Chartered | 1952 |
| Employees | 118 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.95% |
| Return on Equity - YTD | 13.15% |
| Annual Interest Income | $21.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $576.9MM$589.7MM |
| Loans | Q3 2024vs Q3 2023 | $333.1MM$308.4MM |
| Deposits | Q3 2024vs Q3 2023 | $481.3MM$503.3MM |
| Equity Capital | Q3 2024vs Q3 2023 | $86.4MM$68.5MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $7.4MM$4.1MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.8MM$2.4MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$41K |
