Credit union · NCUA insured
Northwest Consumers Federal Credit Union
Top CarrotA $25.9M credit union headquartered in Traverse City, MI, with 2,297 members and 3 branches in Michigan. Best rates: CDs 2.53% and savings 1.01% APY.
Northwest Consumers Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 82% of U.S. banks and credit unions
#2 of 16 in Traverse City, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Northwest Consumers Federal Credit Union
Chartered in 1952 as Northern Division Consumers Power Employees Federal Credit Union, the institution applied for a name change to Northwest Consumers Federal Credit Union in March 1989.
Headquartered in Traverse City, Michigan, the credit union moved into its Garfield Road North office on April 1, 1990.
In June 1997, the Board of Directors was granted a community charter serving Grand Traverse County.
- Headquarters
- 2948 Garfield Rd N, Traverse City, MI 49686-5008
- NCUA charter
- 8077
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who works, worships, attends school or lives in Grand Traverse County is eligible for membership.
Family and household
- Immediate family members of eligible individuals can join Northwest Consumers Federal Credit Union.
Branches
3 branches in Michigan
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Michigan
3 branches
Traverse City area · 2
- Northwest Consumers Federal Credit UnionMain office2948 Garfield Rd N, Traverse City, MI 49686Directions
- CO OP Network2948 Garfield Rd N, Traverse City, MI 49686Directions
Grand Rapids area · 1
- CU*Answers6000 28th St SE, Ste 100, Grand Rapids, MI 49546Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 19.47% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.88% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.19% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $60 | $59 | — |
- CapitalNet worth ratio19.47%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.88%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.19%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$60Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Northwest Consumers Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.