Headquartered in Ludington, Michigan, Safe Harbor Credit Union is a federally insured state-chartered credit union with $183.8M in total assets and $165.3M in member shares and deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1952.
Based on its Q2 2026 filing, Safe Harbor Credit Union scores 44/100, which we describe as below average. That is higher than only 2% of 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 168th. Its strongest component is funding & liquidity (69/100; 91% loans-to-deposits, 16% uninsured), and its lowest is loan quality (22/100; 2.33%).
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
From Q2 2025 to Q2 2026, the score fell 9 points (53 → 44), mostly because the loan quality component weakened by 24 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 59 |
| Q3 2024 | 57 |
| Q4 2024 | 58 |
| Q1 2025 | 59 |
| Q2 2025 | 53 |
| Q3 2025 | 56 |
| Q4 2025 | 52 |
| Q1 2026 | 50 |
| Q2 2026 | 44 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 9.05% |
| Q3 2024 | 9.11% |
| Q4 2024 | 9.01% |
| Q1 2025 | 9.12% |
| Q2 2025 | 9.07% |
| Q3 2025 | 9.22% |
| Q4 2025 | 9.61% |
| Q1 2026 | 9.60% |
| Q2 2026 | 9.45% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 1.12% |
| Q3 2024 | 1.27% |
| Q4 2024 | 1.19% |
| Q1 2025 | 1.08% |
| Q2 2025 | 1.61% |
| Q3 2025 | 1.37% |
| Q4 2025 | 1.80% |
| Q1 2026 | 1.13% |
| Q2 2026 | 2.33% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.09% |
| Q3 2024 | 1.14% |
| Q4 2024 | 1.09% |
| Q1 2025 | 1.00% |
| Q2 2025 | 0.98% |
| Q3 2025 | 1.05% |
| Q4 2025 | 0.93% |
| Q1 2026 | -0.15% |
| Q2 2026 | 0.60% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 44 | $183.8M | 9.45% | 2.33% | 0.60% | 90.5% |
| Q1 2026 | 50 | $181.7M | 9.60% | 1.13% | -0.15% | 92.2% |
| Q4 2025 | 52 | $182.2M | 9.61% | 1.80% | 0.93% | 92.3% |
| Q3 2025 | 56 | $184.8M | 9.22% | 1.37% | 1.05% | 90.3% |
| Q2 2025 | 53 | $182.4M | 9.07% | 1.61% | 0.98% | 90.5% |
| Q1 2025 | 59 | $176.4M | 9.12% | 1.08% | 1.00% | 89.7% |
| Q4 2024 | 58 | $172.3M | 9.01% | 1.19% | 1.09% | 91.2% |
| Q3 2024 | 57 | $162.2M | 9.11% | 1.27% | 1.14% | 94.4% |
| Q2 2024 | 59 | $157.5M | 9.05% | 1.12% | 1.09% | 94.0% |
1,341 peers · $100 million – $1 billion
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 |
|---|---|---|---|---|---|
| Journey Federal Credit UnionCredit union Saint Johns, MI | 68 out of 100, Moderate | $186.5M | 10.2% | 0.68% | vs |
| Health Advantage Federal Credit UnionCredit union Saginaw, MI | 82 out of 100, Strong | $179.3M | 13.4% | 0.33% | vs |
| Family Financial Credit UnionCredit union Norton Shores, MI | 66 out of 100, Moderate | $175.6M | 11.1% | 0.89% | vs |
| Downriver Community Federal Credit UnionCredit union Ecorse, MI | 70 out of 100, Strong | $193.2M | 10.5% | 0.52% | vs |
| Wolverine State Credit UnionCredit union Alpena, MI | 60 out of 100, Moderate | $172.9M | 9.6% | 0.71% | vs |
| Polish-American Federal Credit UnionCredit union Troy, MI | 72 out of 100, Strong | $195.1M | 12.8% | 1.37% | vs |
Deposit insurance
Is my money safe at Safe Harbor Credit Union?
Yes. Safe Harbor Credit Union is a federally insured credit union (NCUA charter #61988). 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 15.6% of shares and deposits ($25.7M) are above the $250,000 NCUA insurance limit, above the peer median of 6%. Insured balances are protected regardless of the score.
The net worth ratio is 9.45%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
1 location
Branches
Safe Harbor Credit Union lists 1 office in 1 city. Most locations:
- Ludington, MI (1)
Identity & history
Profile
- Legal name
- Safe Harbor Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 61988
- RSSD ID
- 851190
- Primary regulator
- State + NCUA
- Established
- 1952
- Headquarters
- PO Box 980, Ludington, MI 49431
- Employees
- 40
Quick answers
Safe Harbor Credit Union: common questions
Is Safe Harbor Credit Union NCUA insured?
Yes. Safe Harbor Credit Union is a federally insured credit union (NCUA charter #61988). 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 Safe Harbor Credit Union's TellerScore?
44 out of 100 (Below average), 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 Safe Harbor Credit Union have?
1 office as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Ludington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Preferred Credit UnionCredit union Grand Rapids, MI | 87 out of 100, Very strong | $318.1M | 14.3% | 0.37% | vs |
| Lake-Osceola State BankBank Baldwin, MI | 85 out of 100, Very strong | $469.4M | 12.5% | 0.24% | vs |
| Wmcu Credit UnionCredit union Grand Rapids, MI | 84 out of 100, Strong | $455.3M | 17.3% | 0.92% | vs |
| Filer Credit UnionCredit union Manistee, MI | 78 out of 100, Strong | $262.4M | 12.8% | 0.84% | vs |
| The Shelby State BankBank Shelby, MI | 73 out of 100, Strong | $397.0M | 9.1% | 0.01% | vs |
| Family Financial Credit UnionCredit union Norton Shores, MI | 66 out of 100, Moderate | $175.6M | 11.1% | 0.89% | vs |