Wolverine Credit Union
Overview / Commentary
Wolverine Credit Union is headquartered in Decatur and is the 56th largest credit union in the state of Alabama. It is also the 3,188th largest credit union in the nation. It was established in 1948 and as of March of 2017, it had grown to 10 employees and 3,472 members at 2 locations. Wolverine Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, worship or work in Morgan or Lawrence Counties in Alabama.
See current membership details
Health
B
Data as of Q1 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Wolverine Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61150 |
| Year Chartered | 1948 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.1% |
| Return on Equity - YTD | 1.01% |
| Annual Interest Income | $180.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $24.8MM$24.2MM |
| Loans | Q1 2017vs Q1 2016 | $12.8MM$12.6MM |
| Deposits | Q1 2017vs Q1 2016 | $22.3MM$21.9MM |
| Equity Capital | Q1 2017vs Q1 2016 | $2.4MM$2.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $70.00K$71.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $8.00K$0 |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Wolverine Credit Union.
Locations
| Wolverine Credit Union Locations | ||
|---|---|---|
| Moulton Branch | 26 Franklin Smith Rd | Moulton, AL 35650-1923 |
| Main Office | 2505 Highway 31 S | Decatur, AL 35603-1503 |