Headquartered in Alpena, Michigan, Wolverine State Credit Union is a federally insured state-chartered credit union with $172.9M in total assets and $155.6M in member shares and deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1966.
Wolverine State Credit Union has a TellerScore of 60 out of 100 (moderate) based on Q2 2026 data — higher than only 21% of its 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 150th. Problem-loan coverage contributes the most (90/100, 5.0%); earnings contributes the least (25/100, 0.11%).
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 7 points (67 → 60), mostly because the earnings component weakened by 30 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 68 |
| Q3 2024 | 68 |
| Q4 2024 | 69 |
| Q1 2025 | 67 |
| Q2 2025 | 67 |
| Q3 2025 | 66 |
| Q4 2025 | 58 |
| Q1 2026 | 58 |
| Q2 2026 | 60 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 9.97% |
| Q3 2024 | 9.94% |
| Q4 2024 | 9.69% |
| Q1 2025 | 9.71% |
| Q2 2025 | 9.87% |
| Q3 2025 | 10.12% |
| Q4 2025 | 10.01% |
| Q1 2026 | 9.67% |
| Q2 2026 | 9.64% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.41% |
| Q3 2024 | 0.43% |
| Q4 2024 | 0.35% |
| Q1 2025 | 0.65% |
| Q2 2025 | 0.80% |
| Q3 2025 | 0.96% |
| Q4 2025 | 1.55% |
| Q1 2026 | 0.41% |
| Q2 2026 | 0.71% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.58% |
| Q3 2024 | 0.60% |
| Q4 2024 | 0.62% |
| Q1 2025 | 0.71% |
| Q2 2025 | 0.88% |
| Q3 2025 | 0.95% |
| Q4 2025 | 0.75% |
| Q1 2026 | -0.54% |
| Q2 2026 | 0.11% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 60 | $172.9M | 9.64% | 0.71% | 0.11% | 74.8% |
| Q1 2026 | 58 | $169.1M | 9.67% | 0.41% | -0.54% | 72.8% |
| Q4 2025 | 58 | $165.6M | 10.01% | 1.55% | 0.75% | 72.9% |
| Q3 2025 | 66 | $163.0M | 10.12% | 0.96% | 0.95% | 72.3% |
| Q2 2025 | 67 | $162.6M | 9.87% | 0.80% | 0.88% | 67.9% |
| Q1 2025 | 67 | $160.9M | 9.71% | 0.65% | 0.71% | 65.5% |
| Q4 2024 | 69 | $158.2M | 9.69% | 0.35% | 0.62% | 66.2% |
| Q3 2024 | 68 | $151.3M | 9.94% | 0.43% | 0.60% | 66.9% |
| Q2 2024 | 68 | $148.3M | 9.97% | 0.41% | 0.58% | 67.9% |
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 |
|---|---|---|---|---|---|
| H.P.C. Credit UnionCredit union Alpena, MI | 68 out of 100, Moderate | $171.9M | 13.6% | 1.86% | vs |
| Family Financial Credit UnionCredit union Norton Shores, MI | 66 out of 100, Moderate | $175.6M | 11.1% | 0.89% | vs |
| Harborlight Credit UnionCredit union Whitehall, MI | 76 out of 100, Strong | $170.1M | 11.3% | 0.35% | vs |
| Health Advantage Federal Credit UnionCredit union Saginaw, MI | 82 out of 100, Strong | $179.3M | 13.4% | 0.33% | vs |
| Safe Harbor Credit UnionCredit union Ludington, MI | 44 out of 100, Below average | $183.8M | 9.4% | 2.33% | vs |
| Wayne-Westland Federal Credit UnionCredit union Westland, MI | 83 out of 100, Strong | $161.2M | 11.3% | 0.47% | vs |
Deposit insurance
Is my money safe at Wolverine State Credit Union?
Yes. Wolverine State Credit Union is a federally insured credit union (NCUA charter #62203). 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 4.6% of shares and deposits ($7.1M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.
The net worth ratio is 9.64%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
5 locations
Branches
Wolverine State Credit Union lists 5 offices in 3 cities. Most locations:
- Alpena, MI (3)
- Oscoda, MI (1)
- West Branch, MI (1)
Identity & history
Profile
- Legal name
- Wolverine State Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 62203
- RSSD ID
- 894991
- Primary regulator
- State + NCUA
- Established
- 1966
- Headquarters
- 1381 N Bagley St, Alpena, MI 49707
- Employees
- 48
Quick answers
Wolverine State Credit Union: common questions
Is Wolverine State Credit Union NCUA insured?
Yes. Wolverine State Credit Union is a federally insured credit union (NCUA charter #62203). 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 Wolverine State Credit Union's TellerScore?
60 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 Wolverine State Credit Union have?
5 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Alpena
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Alpena Community Credit UnionCredit union Alpena, MI | 90 out of 100, Very strong | $35.6M | 14.0% | 0.21% | vs |
| Alpena-Alcona Area Credit UnionCredit union Alpena, MI | 77 out of 100, Strong | $975.7M | 12.2% | 0.85% | vs |
| H.P.C. Credit UnionCredit union Alpena, MI | 68 out of 100, Moderate | $171.9M | 13.6% | 1.86% | vs |
| Northland Area Federal Credit UnionCredit union Alpena, MI | 65 out of 100, Moderate | $714.4M | 10.3% | 0.88% | vs |
| Nicolet National BankBank Green Bay, WI | 64 out of 100, Moderate | $15.4B | 9.6% | 0.63% | vs |
| PNC Bank, National AssociationBank Wilmington, DE | 62 out of 100, Moderate | $609.8B | 9.0% | 0.74% | vs |