TruNorth Federal Credit Union


Overview / Commentary
906-485-1210
1419 N Second St
Ishpeming, MI 49849

TruNorth Federal Credit Union is headquartered in Ishpeming and is the 80th largest credit union in the state of Michigan. It is also the 1,275th largest credit union in the nation. It was established in 1949 and as of March of 2025, it had grown to 38 employees and 15,604 members at 3 locations. TruNorth Federal Credit Union has a B health rating.

Field of Membership Restrictions

TruNorth Federal Credit Union is open to those who live, work, attend school or worship in the Michigan counties of Alger, Baraga, Dickinson, Iron, or Marquette.
See current membership details

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Health

Health Grade Components

Overall
NCUA #6332
Year Chartered1949
Employees38
Primary Regulator
Profit Margin
Return on Assets - YTD0.28%
Return on Equity - YTD3.66%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$202.3MM$215.4MM
LoansQ1 2025vs Q1 2024$108.9MM$123.1MM
DepositsQ1 2025vs Q1 2024$176.7MM$183.2MM
Equity CapitalQ1 2025vs Q1 2024$15.3MM$12.1MM
Loan Loss AllowanceQ1 2025vs Q1 2024$269K$248K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$194K$211K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for TruNorth Federal Credit Union are currently being reviewed.

Locations


TruNorth Federal Credit Union Locations
Branch Office1419 N 2nd StIshpeming, MI 49849-1149
Branch Office4635 44th St SEKentwood, MI 49512
Branch Office2322 US Highway 41 WMarquette, MI 49855-2488

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