State credit union · Alpena, Michigan · NCUA charter #62035
Alpena-Alcona Area
Health score 94/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 94
- Health / 100
- $930.8M
- Total assets
- 49,171
- Members
- 12.1%
- Net-worth ratio
Alpena-Alcona Area scores 94/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $930.8M; members 49,171; net-worth ratio 12.08%; health rank #505 of 4,374; healthier than 87th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#505 of 4,374 health · 2025Q4Alpena-Alcona Area · health 94/100 · $930.8M · 2025Q4
- RANK 94/100
- PHOTO 12.1%
- BOOK 0.79%
- CHARTER 1.15%
- NCUSIF $930.8M
- CAMELS 49,171
- HEALTH #505/4,374
- NW FORTERA
- DELQ 62035
Call Report peers
Alpena-Alcona Area in the assets neighbourhood
Alpena-Alcona Area's $930.8M assets sit next to FORTERA ($927.8M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Alpena-Alcona Area vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
94 Top 13% higher than 87% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Alpena-Alcona Area - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #62035, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Alpena-Alcona Area: Call Report deltas vs peers
- Largest favorable gap: Net Worth Ratio at 12.08% vs peer 11.18% (+0.90 pp).
- Loan-to-Share Ratio trails the peer set - 72.57% here, 83.90% peer average (-11.33 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Alpena-Alcona Area in Michigan
- In Michigan, health place is #18 of 171 on the same NCUA-ratio sort used nationally.
- Michigan assets place: #29 of 171.
- Membership ranks #34 of 171 among Michigan CUs with a reported count (49,171 members).
In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Alpena-Alcona Area Call Report trajectory
Alpena-Alcona Area: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.9% from $930.8M (2025Q4) to $957.6M (2026Q1).
- Net-worth ratio shifted +0.04 pp (12.04% → 12.08%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 12.08% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 94/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 94.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 22.1 pts
- Return on Assets 15.0 pts
- Member Growth 12.3 pts
- Loan-to-Share Ratio 14.6 pts
Alpena-Alcona Area vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.08% | +0.90 pp |
| Delinquency Rate | 0.79% | -0.09 pp |
| Return on Assets | 1.15% | +0.65 pp |
| Member Growth | 2.71% | - |
| Loan-to-Share Ratio | 72.57% | -11.33 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Alpena-Alcona Area quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $957.6M | - |
| 2025Q4 | $930.8M | 49,171 |
| 2024Q4 | $861.4M | 47,873 |
| 2023Q4 | $775.5M | 46,181 |
Credit Union Details
- Charter Number
- 62035
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Michigan
- City
- Alpena
- Data Quarter
- 2025Q4
Branch Locations (13)
Alpena-Alcona Area operates 13 offices across 9 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Alpena Office (Main Office) | Alpena, MI |
| Alpena North Office | Alpena, MI |
| Wildcat Branch | Alpena, MI |
| Atlanta Office | Atlanta, MI |
| Cheboygan Office | Cheboygan, MI |
| Lincoln Office | Lincoln, MI |
| Tiger Branch | Lincoln, MI |
| Oscoda Office | Oscoda, MI |
| Owl's Nest | Oscoda, MI |
| Ossineke Office | Ossineke, MI |
| Posen Branch | Posen, MI |
| Rogers City Office | Rogers City, MI |
| Tawas Office | Tawas City, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
More federally-insured credit unions based in Michigan, ordered by peer group match and asset size.
Alpena-Alcona Area nationwide neighbourhoods
Two NCUA Call Report peer sets for Alpena-Alcona Area, both outside Michigan so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($930.8M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (94/100 here).
Using this data
- Alpena-Alcona Area ranks #505 of 4,374 nationally on financial health and #18 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- True Community is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with True Community
- Rates and health both vary by institution, not just by state -- see how Michigan credit unions compare overall before assuming this one is typical. Michigan state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is Alpena-Alcona Area financially healthy?
Alpena-Alcona Area scores 94/100 (Excellent) on financial health, per the NCUA 5300 Call Report for Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #505 of 4,374; by total assets it ranks #492 of 4,374 nationally (same basis as /rankings/largest); and #29 of 171 within Michigan. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 12.08% net worth ratio and a 0.79% delinquency rate.
How does Alpena-Alcona Area compare to other credit unions?
Alpena-Alcona Area scores 94/100 on PlainCU's health composite, compared to a peer group average for Over $500M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Alpena-Alcona Area?
Membership eligibility for Alpena-Alcona Area depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Alpena-Alcona Area directly for current membership requirements and application steps.
Is my money safe at Alpena-Alcona Area?
Federal credit unions like Alpena-Alcona Area are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Alpena-Alcona Area's net worth ratio of 12.08% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Alpena-Alcona Area offer compared to banks?
Credit unions like Alpena-Alcona Area are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Alpena-Alcona Area directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.