TellerScore

Straits Area Federal Credit Union (NCUA charter #7428) is based in Cheboygan, Michigan. Its Q2 2026 call report shows $132.4M in total assets and $115.6M in member shares and deposits and 4 offices.

Straits Area Federal Credit Union has a TellerScore of 59 out of 100 (moderate) based on Q2 2026 data — higher than only 19% of its 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 153rd. Funding & liquidity contributes the most (100/100, 47% loans-to-deposits, 3% uninsured); loan quality contributes the least (8/100, 2.77%).

TellerScore · Q2 2026

Scorecard

Capital cushion67/100
Net worth ratio: 11.74%
Loan quality8/100
Loans 60+ days delinquent ÷ total loans: 2.77%
Earnings71/100
Return on assets (annualized): 1.27%
Funding & liquidity100/100
Loans ÷ shares: 46.8% · 2.8% uninsured
Problem-loan coverage80/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 10.22%

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 (60 → 59).

TellerScore
586265Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202465
Q3 202460
Q4 202459
Q1 202558
Q2 202560
Q3 202560
Q4 202559
Q1 202659
Q2 202659
Net worth ratio
7.00%9.37%11.74%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202410.94%
Q3 202410.63%
Q4 202410.70%
Q1 202510.95%
Q2 202510.98%
Q3 202511.30%
Q4 202511.51%
Q1 202611.50%
Q2 202611.74%
Delinquent loans (60+ days)
1.69%2.23%2.77%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20241.69%
Q3 20242.01%
Q4 20242.17%
Q1 20252.34%
Q2 20252.15%
Q3 20252.41%
Q4 20252.64%
Q1 20262.44%
Q2 20262.77%
Return on assets
0.91%1.09%1.27%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.05%
Q3 20240.98%
Q4 20240.91%
Q1 20250.94%
Q2 20250.94%
Q3 20251.17%
Q4 20251.22%
Q1 20260.96%
Q2 20261.27%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202659$132.4M11.74%2.77%1.27%46.8%
Q1 202659$130.5M11.50%2.44%0.96%46.0%
Q4 202559$127.7M11.51%2.64%1.22%47.3%
Q3 202560$126.4M11.30%2.41%1.17%48.0%
Q2 202560$125.3M10.98%2.15%0.94%47.1%
Q1 202558$122.9M10.95%2.34%0.94%46.0%
Q4 202459$123.1M10.70%2.17%0.91%45.6%
Q3 202460$122.1M10.63%2.01%0.98%46.0%
Q2 202465$116.0M10.94%1.69%1.05%47.8%

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).

Capital ratio11.74%
54th
Problem loans2.77%
3rd
Net charge-offs0.33%
53rd
Return on assets1.27%
81st
Loans to deposits46.8%
92nd
Uninsured deposits2.8%
84th
Loan-loss reserves0.00%
50th
Texas ratio10.2%
13th

Similar-size credit unions in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Sunrise Family Credit UnionCredit union Bay City, MI68 out of 100, Moderate$133.5M9.2%0.07%vs
Integra First Federal Credit UnionCredit union Powers, MI56 out of 100, Moderate$135.4M9.0%0.99%vs
Meijer Credit UnionCredit union Grand Rapids, MI71 out of 100, Strong$128.1M9.4%0.29%vs
Breakwater Federal Credit UnionCredit union Houghton, MI92 out of 100, Very strong$138.2M13.7%0.32%vs
Walled Lake Schools Federal Credit UnionCredit union Wolverine Lake, MI81 out of 100, Strong$138.4M14.6%1.50%vs
Ukrainian Selfreliance Michigan Federal Credit UnionCredit union Warren, MI83 out of 100, Strong$140.0M13.5%0.39%vs

Deposit insurance

Is my money safe at Straits Area Federal Credit Union?

Yes. Straits Area Federal Credit Union is a federally insured credit union (NCUA charter #7428). 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 2.8% of shares and deposits ($3.3M) 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 11.74%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

4 locations

Branches

Straits Area Federal Credit Union lists 4 offices in 4 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Straits Area Federal Credit Union
Type
Federal credit union
NCUA charter #
7428
RSSD ID
294087
Primary regulator
NCUA
Established
1951
Headquarters
PO Box 367, Cheboygan, MI 49721
Employees
32

Quick answers

Straits Area Federal Credit Union: common questions

Is Straits Area Federal Credit Union NCUA insured?

Yes. Straits Area Federal Credit Union is a federally insured credit union (NCUA charter #7428). 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 Straits Area Federal Credit Union's TellerScore?

59 out of 100 (Moderate), 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 Straits Area Federal Credit Union have?

4 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Cheboygan

InstitutionScoreAssetsCapitalProblem loansCompare
Alpena-Alcona Area Credit UnionCredit union Alpena, MI77 out of 100, Strong$975.7M12.2%0.85%vs
First Community BankBank Harbor Springs, MI77 out of 100, Strong$413.6M9.9%0.00%vs
Central Savings BankBank Sault Sainte Marie, MI74 out of 100, Strong$516.8M9.5%0.16%vs
Awakon Federal Credit UnionCredit union Onaway, MI71 out of 100, Strong$202.7M13.5%1.86%vs
Nicolet National BankBank Green Bay, WI64 out of 100, Moderate$15.4B9.6%0.63%vs
PNC Bank, National AssociationBank Wilmington, DE62 out of 100, Moderate$609.8B9.0%0.74%vs