Credit union · NCUA insured
Tahquamenon Area Credit Union
A $67.6M credit union headquartered in Newberry, MI, with 4,595 members and 2 branches in Michigan. Best rates: savings 0.40% APY.
Tahquamenon Area Credit Union Carrot Score
77
Carrot Score
Higher than 44% of U.S. banks and credit unions
#132 of 199 in MichiganHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Tahquamenon Area Credit Union
Tahquamenon Area Credit Union operates two branch locations in Michigan.
- Headquarters
- 7693 State Hwy M123, Newberry, MI 49868
- NCUA charter
- 60423
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Individuals who are employed (retired from or presently working) or own property in Luce County, Chippewa County, Mackinac County, Seney Township in Schoolcraft County, or Burt Township in Alger County are eligible for membership.
Family and household
- Relatives of a current member are eligible for membership.
Cost to join
- All members are required to keep a $5.00 minimum balance in their savings (share) accounts.
Branches
2 branches in Michigan
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Michigan
2 branches
Newberry area · 1
- NewberryMain office7693 State Hwy M123, Newberry, MI 49868Directions
Engadine area · 1
- EngadineN 6747 M117, Engadine, MI 49827Directions
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 | 11.84% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.60% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.17% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $43 | $59 | — |
- CapitalNet worth ratio11.84%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.60%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.17%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$43Peers’ 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 Tahquamenon Area Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.