Blue Water Federal Credit Union is a federal credit union headquartered in Port Huron, Michigan, in business for about 67 years. At the end of Q2 2026 it reported $20.4M in total assets and $17.4M in member shares and deposits, with 3 offices.
Based on its Q2 2026 filing, Blue Water Federal Credit Union scores 86/100, which we describe as very strong. That is higher than 80% of 2,479 credit unions with under $100 million in assets. Among 169 credit unions headquartered in Michigan, it ranks 27th. Its strongest component is funding & liquidity (100/100; 48% loans-to-deposits, 6% uninsured), and its lowest is earnings (49/100; 0.74%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (87 → 86).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 88 |
| Q3 2024 | 88 |
| Q4 2024 | 88 |
| Q1 2025 | 92 |
| Q2 2025 | 87 |
| Q3 2025 | 87 |
| Q4 2025 | 86 |
| Q1 2026 | 82 |
| Q2 2026 | 86 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 14.97% |
| Q3 2024 | 14.68% |
| Q4 2024 | 14.59% |
| Q1 2025 | 15.73% |
| Q2 2025 | 15.50% |
| Q3 2025 | 15.25% |
| Q4 2025 | 15.17% |
| Q1 2026 | 14.54% |
| Q2 2026 | 14.42% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.14% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.05% |
| Q4 2025 | 0.05% |
| Q1 2026 | 0.44% |
| Q2 2026 | 0.23% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.65% |
| Q3 2024 | 0.57% |
| Q4 2024 | 0.63% |
| Q1 2025 | 1.00% |
| Q2 2025 | 0.39% |
| Q3 2025 | 0.48% |
| Q4 2025 | 0.34% |
| Q1 2026 | 0.50% |
| Q2 2026 | 0.74% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 86 | $20.4M | 14.42% | 0.23% | 0.74% | 48.0% |
| Q1 2026 | 82 | $19.9M | 14.54% | 0.44% | 0.50% | 49.4% |
| Q4 2025 | 86 | $18.9M | 15.17% | 0.05% | 0.34% | 55.1% |
| Q3 2025 | 87 | $18.8M | 15.25% | 0.05% | 0.48% | 55.3% |
| Q2 2025 | 87 | $18.3M | 15.50% | 0.00% | 0.39% | 59.7% |
| Q1 2025 | 92 | $18.0M | 15.73% | 0.00% | 1.00% | 57.9% |
| Q4 2024 | 88 | $19.2M | 14.59% | 0.00% | 0.63% | 56.4% |
| Q3 2024 | 88 | $19.1M | 14.68% | 0.00% | 0.57% | 57.5% |
| Q2 2024 | 88 | $18.5M | 14.97% | 0.14% | 0.65% | 61.1% |
2,479 peers · Under $100 million in assets
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in Michigan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Frankfort Community Federal Credit UnionCredit union Frankfort, MI | 69 out of 100, Moderate | $19.6M | 14.4% | 3.83% | vs |
| International Uaw Federal Credit UnionCredit union Detroit, MI | 60 out of 100, Moderate | $19.5M | 15.8% | 3.78% | vs |
| Electrical Workers Local 58 Credit UnionCredit union Detroit, MI | 90 out of 100, Very strong | $21.4M | 12.2% | 0.09% | vs |
| United Churches Credit UnionCredit union Taylor, MI | 67 out of 100, Moderate | $21.9M | 10.3% | 1.08% | vs |
| Warren Municipal Federal Credit UnionCredit union Warren, MI | 71 out of 100, Strong | $22.1M | 9.6% | 0.20% | vs |
| Tandem Federal Credit UnionCredit union Warren, MI | 72 out of 100, Strong | $22.3M | 16.5% | 1.47% | vs |
Deposit insurance
Is my money safe at Blue Water Federal Credit Union?
Yes. Blue Water Federal Credit Union is a federally insured credit union (NCUA charter #12906). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 5.5% of shares and deposits ($961K) are above the $250,000 NCUA insurance limit, above the peer median of 1%. Insured balances are protected regardless of the score.
The net worth ratio is 14.42%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.
3 locations
Branches
Blue Water Federal Credit Union lists 3 offices in 2 cities. Most locations:
- Port Huron, MI (2)
- Grand Rapids, MI (1)
Identity & history
Profile
- Legal name
- Blue Water Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 12906
- RSSD ID
- 23586
- Primary regulator
- NCUA
- Established
- 1959
- Headquarters
- 526 Water St Rm 113, Port Huron, MI 48060
- Employees
- 5
Quick answers
Blue Water Federal Credit Union: common questions
Is Blue Water Federal Credit Union NCUA insured?
Yes. Blue Water Federal Credit Union is a federally insured credit union (NCUA charter #12906). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Blue Water Federal Credit Union's TellerScore?
86 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Blue Water Federal Credit Union have?
3 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Port Huron
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Genisys Credit UnionCredit union Auburn Hills, MI | 81 out of 100, Strong | $6.6B | 15.5% | 1.09% | vs |
| Eastern Michigan BankBank Croswell, MI | 79 out of 100, Strong | $553.6M | 12.0% | 0.63% | vs |
| Tri-County BankBank Brown City, MI | 78 out of 100, Strong | $638.6M | 13.6% | 1.30% | vs |
| Thumb Bank and TrustBank Pigeon, MI | 77 out of 100, Strong | $673.3M | 9.4% | 0.03% | vs |
| Flagship Community Federal Credit UnionCredit union Port Huron, MI | 76 out of 100, Strong | $34.8M | 11.2% | 0.31% | vs |
| Michigan Schools and Government Credit UnionCredit union Clinton Townshi, MI | 76 out of 100, Strong | $4.4B | 12.6% | 0.61% | vs |