Safe Harbor Credit Union is headquartered in Ludington and is the 86th largest credit union in the state of Michigan. It is also the 1,366th largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 37 employees and 8,885 members at 1 location. Safe Harbor Credit Union has a B+ health rating.
Membership in Safe Harbor Credit Union is open to individuals who live, work, or worship anywhere in the state of Michigan. Immediate family members of anyone eligible for membership also qualifies for membership.
See current membership details
Overall | |
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NCUA # | 61988 |
Year Chartered | 1952 |
Employees | 37 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.01% |
Return on Equity - YTD | 11.16% |
Annual Interest Income | $2.6MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $176.4MM$154.5MM |
Loans | Q1 2025vs Q1 2024 | $143.6MM$131.2MM |
Deposits | Q1 2025vs Q1 2024 | $160.1MM$140.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $15.8MM$13.5MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $953K$496K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.5MM$694K |
Real Estate Owned | Q1 2025vs Q1 2024 | $60K$0 |
Rates for Safe Harbor Credit Union are currently being reviewed.
Safe Harbor Credit Union Locations | ||
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Corporate Office | 5511 W US Highway 10 | Ludington, MI 49431-2455 |