Soo Co-Op Credit Union (NCUA charter #62325) is based in Sault Sainte Ma, Michigan. Its Q2 2026 call report shows $324.4M in total assets and $281.4M in member shares and deposits and 6 offices.
Based on its Q2 2026 filing, Soo Co-Op Credit Union scores 88/100, which we describe as very strong. That is higher than 92% of 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 20th. Its strongest component is problem-loan coverage (97/100; 1.4%), and its lowest is earnings (76/100; 1.41%).
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 rose 2 points (86 → 88), mostly because the earnings component improved by 6 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 80 |
| Q3 2024 | 84 |
| Q4 2024 | 85 |
| Q1 2025 | 83 |
| Q2 2025 | 86 |
| Q3 2025 | 85 |
| Q4 2025 | 85 |
| Q1 2026 | 87 |
| Q2 2026 | 88 |
Show as table
| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 13.14% |
| Q3 2024 | 13.22% |
| Q4 2024 | 13.15% |
| Q1 2025 | 12.85% |
| Q2 2025 | 13.18% |
| Q3 2025 | 13.36% |
| Q4 2025 | 13.43% |
| Q1 2026 | 13.31% |
| Q2 2026 | 13.67% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.56% |
| Q3 2024 | 0.23% |
| Q4 2024 | 0.24% |
| Q1 2025 | 0.26% |
| Q2 2025 | 0.22% |
| Q3 2025 | 0.42% |
| Q4 2025 | 0.36% |
| Q1 2026 | 0.27% |
| Q2 2026 | 0.32% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.03% |
| Q3 2024 | 1.13% |
| Q4 2024 | 1.17% |
| Q1 2025 | 1.11% |
| Q2 2025 | 1.24% |
| Q3 2025 | 1.29% |
| Q4 2025 | 1.23% |
| Q1 2026 | 1.43% |
| Q2 2026 | 1.41% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 88 | $324.4M | 13.67% | 0.32% | 1.41% | 64.8% |
| Q1 2026 | 87 | $324.8M | 13.31% | 0.27% | 1.43% | 63.9% |
| Q4 2025 | 85 | $313.2M | 13.43% | 0.36% | 1.23% | 67.6% |
| Q3 2025 | 85 | $308.5M | 13.36% | 0.42% | 1.29% | 67.7% |
| Q2 2025 | 86 | $304.2M | 13.18% | 0.22% | 1.24% | 66.4% |
| Q1 2025 | 83 | $303.9M | 12.85% | 0.26% | 1.11% | 63.2% |
| Q4 2024 | 85 | $290.6M | 13.15% | 0.24% | 1.17% | 66.1% |
| Q3 2024 | 84 | $281.3M | 13.22% | 0.23% | 1.13% | 69.2% |
| Q2 2024 | 80 | $275.9M | 13.14% | 0.56% | 1.03% | 69.2% |
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 |
|---|---|---|---|---|---|
| Forest Area Federal Credit UnionCredit union Fife Lake, MI | 71 out of 100, Strong | $318.3M | 12.8% | 1.92% | vs |
| Preferred Credit UnionCredit union Grand Rapids, MI | 87 out of 100, Very strong | $318.1M | 14.3% | 0.37% | vs |
| Extra Credit UnionCredit union Warren, MI | 79 out of 100, Strong | $345.4M | 17.5% | 1.56% | vs |
| United Bay Community Credit UnionCredit union Bay City, MI | 55 out of 100, Moderate | $301.7M | 7.5% | 0.60% | vs |
| Michigan United Credit UnionCredit union Auburn Hills, MI | 76 out of 100, Strong | $349.3M | 12.0% | 0.10% | vs |
| Freestar Financial Credit UnionCredit union Mount Clemens, MI | 59 out of 100, Moderate | $350.0M | 9.6% | 1.17% | vs |
Deposit insurance
Is my money safe at Soo Co-Op Credit Union?
Yes. Soo Co-Op Credit Union is a federally insured credit union (NCUA charter #62325). 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 0.6% of shares and deposits ($1.7M) are above the $250,000 NCUA insurance limit, below the peer median of 6%. Insured balances are protected regardless of the score.
The net worth ratio is 13.67%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.
6 locations
Branches
Soo Co-Op Credit Union lists 6 offices in 4 cities. Most locations:
- Sault Sainte Marie, MI (3)
- Brimley, MI (1)
- Cedarville, MI (1)
- Kincheloe, MI (1)
Identity & history
Profile
- Legal name
- Soo Co-Op Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 62325
- RSSD ID
- 219295
- Primary regulator
- State + NCUA
- Established
- 1958
- Headquarters
- 4489 I 75 Business Spur, Sault Sainte Ma, MI 49783
- Employees
- 93
Quick answers
Soo Co-Op Credit Union: common questions
Is Soo Co-Op Credit Union NCUA insured?
Yes. Soo Co-Op Credit Union is a federally insured credit union (NCUA charter #62325). 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 Soo Co-Op Credit Union's TellerScore?
88 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 Soo Co-Op Credit Union have?
6 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Sault Sainte Ma
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| U.P. State Credit UnionCredit union Escanaba, MI | 79 out of 100, Strong | $210.3M | 13.2% | 1.10% | vs |
| Central Savings BankBank Sault Sainte Marie, MI | 74 out of 100, Strong | $516.8M | 9.5% | 0.16% | vs |
| Limestone Financial Credit UnionCredit union Manistique, MI | 65 out of 100, Moderate | $83.1M | 10.7% | 0.55% | vs |
| Nicolet National BankBank Green Bay, WI | 64 out of 100, Moderate | $15.4B | 9.6% | 0.63% | vs |
| The Huntington National BankBank Columbus, OH | 59 out of 100, Moderate | $283.1B | 9.3% | 1.06% | vs |
| 4front Credit UnionCredit union Traverse City, MI | 54 out of 100, Below average | $1.0B | 10.2% | 1.73% | vs |