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.
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
Overall | |
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NCUA # | 6332 |
Year Chartered | 1949 |
Employees | 38 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.28% |
Return on Equity - YTD | 3.66% |
Annual Interest Income | $1.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $202.3MM$215.4MM |
Loans | Q1 2025vs Q1 2024 | $108.9MM$123.1MM |
Deposits | Q1 2025vs Q1 2024 | $176.7MM$183.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $15.3MM$12.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $269K$248K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $194K$211K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for TruNorth Federal Credit Union are currently being reviewed.
TruNorth Federal Credit Union Locations | ||
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Branch Office | 1419 N 2nd St | Ishpeming, MI 49849-1149 |
Branch Office | 4635 44th St SE | Kentwood, MI 49512 |
Branch Office | 2322 US Highway 41 W | Marquette, MI 49855-2488 |
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