TBA Credit Union is headquartered in Traverse City and is the 53rd largest credit union in the state of Michigan. It is also the 907th largest credit union in the nation. It was established in 1955 and as of September of 2022, it had grown to 63 employees and 18,444 members at 2 locations. TBA Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in TBA Credit Union is open to: (1) those who live, work, attend school or worship in Michigan; (2) Alumni of Northwestern Michigan College of Traverse City; (3) individuals who receive retirement, pension social security or other forms of annuities, and who live or belong to a retirement organization which is located near a TBA credit union office; (4) credit union employees, and immediate family of current or deceased credit union members.
See current membership details
Related Posts
Loan Denial
We have a $20,000 truck loan witch is paid every month and is current. However we were denied a $2,500 loan for a camper my wifes credit score is 622 we have been dinied 2 or 3 times for a camper loan it dosent make sense. The whole reason for belonging to your credit union was to not be judge by past issues but to look forward to future success. We have been good costumers and have been denied a small camper loan. We minse as well belong to a regular bank. Very disappointed
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61795 |
| Year Chartered | 1955 |
| Employees | 63 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 6.98% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $347.7MM$314.7MM |
| Loans | Q3 2022vs Q3 2021 | $196.5MM$158.0MM |
| Deposits | Q3 2022vs Q3 2021 | $300.5MM$273.8MM |
| Equity Capital | Q3 2022vs Q3 2021 | $41.4MM$38.3MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.4MM$1.2MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $389.00K$809.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |