Thornapple Credit Union is headquartered in Hastings and is the 129th largest credit union in the state of Michigan. It is also the 2,135th largest credit union in the nation. It was established in 1964 and as of September of 2024, it had grown to 29 employees and 8,190 members at 3 locations. Thornapple Credit Union has a B health rating.
Overall | |
---|---|
NCUA # | 62196 |
Year Chartered | 1964 |
Employees | 29 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.21% |
Return on Equity - YTD | 13.7% |
Annual Interest Income | $2.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2024vs Q3 2023 | $70.1MM$64.9MM |
Loans | Q3 2024vs Q3 2023 | $56.6MM$53.3MM |
Deposits | Q3 2024vs Q3 2023 | $62.9MM$58.6MM |
Equity Capital | Q3 2024vs Q3 2023 | $6.1MM$5.2MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $425K$394K |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $510K$416K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for Thornapple Credit Union are currently being reviewed.
Thornapple Credit Union Locations | ||
---|---|---|
Branch Office | 202 E Woodlawn Ave | Hastings, MI 49058 |
Branch Office | 108 S Grove St | Delton, MI 49046 |
Branch Office | 410 S Broadway St | Middleville, MI 49333 |