Federal credit union · PORT HURON, Michigan · NCUA charter #12906
Blue Water
Health score 85/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 85
- Health / 100
- $18.9M
- Total assets
- 1,131
- Members
- 14.5%
- Net-worth ratio
Blue Water scores 85/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $18.9M; members 1,131; net-worth ratio 14.54%; health rank #1,931 of 4,374; healthier than 54th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#1,931 of 4,374 health · 2025Q4Blue Water · health 85/100 · $18.9M · 2025Q4
Call Report peers
Blue Water in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Blue Water vs every NCUA-scored credit union
Blue Water sits in the busiest band, 85-89, alongside 857 other credit unions.
85 Top 46% higher than 54% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
Peer-gap read for Blue Water
- Delinquency Rate leads the peer set - 0.05% here, 1.15% peer average (-1.10 pp).
- Widest shortfall vs peers is Loan-to-Share Ratio: -4.72 pp (55.08% vs 59.80%).
Blue Water in Michigan
- Michigan health ordinal: #97 of 171.
- Michigan assets place: #163 of 171.
- Member book place in Michigan: #167 of 171.
- One place up in Michigan, SOVITA (#96) ties at 85/100; one place down, HONOR (#98) ties at 85/100.
How Blue Water's 5300 filing moved
Blue Water: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +5.3% from $18.9M (2025Q4) to $19.9M (2026Q1).
- Net-worth ratio shifted -0.63 pp (15.17% → 14.54%).
This credit union's 14.54% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 85/100 score is built
Blue Water gives up 15 points in total. Member Growth costs the most, 11.4 of its 15; Net Worth Ratio and Delinquency Rate and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 3.6 pts
- Loan-to-Share Ratio 11.4 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 14.54% | -0.32 pp |
| Delinquency Rate | 0.05% | -1.10 pp |
| Return on Assets | 0.64% | -0.06 pp |
| Member Growth | -3.00% | - |
| Loan-to-Share Ratio | 55.08% | -4.72 pp |
Peer averages: $10M–$50M cohort, 1163 credit unions, 2025Q4 filing.
Blue Water quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $19.9M | - |
| 2025Q4 | $18.9M | 1,131 |
| 2024Q4 | $19.2M | 1,166 |
| 2023Q4 | $17.7M | 1,179 |
Credit Union Details
- Charter Number
- 12906
- Type
- Federal
- Field of Membership
- Low Income
- Peer Group
- $10M–$50M
- State
- Michigan
- City
- PORT HURON
- Data Quarter
- 2025Q4
Branch Locations (3)
The NCUA branch filing lists 3 physical offices for Blue Water, spread across 3 cities.
| Office | City |
|---|---|
| Blue Water Federal Credit Union (Main Office) | PORT HURON, MI |
| CU*Answers | Grand Rapids, MI |
| Flagship Federal Credit Union | Port Huron, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
A look at other Michigan credit unions, ranked by how closely their peer group and asset size match this one.
Blue Water nationwide neighbourhoods
Similar total assets
Using this data
- Blue Water ranks #1,931 of 4,374 nationally on financial health and #97 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Warren Municipal is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Warren Municipal
Frequently Asked Questions
Is Blue Water financially healthy?
On its 2025Q4 NCUA 5300 filing, Blue Water scores 85/100 (Excellent), with a 14.54% net worth ratio and 0.05% of loans delinquent. It ranks #1,931 of 4,374 nationally on health and #97 of 171 in Michigan.
How does Blue Water compare to other credit unions?
Blue Water scores 85/100, higher than 54% of the 4,374 scored credit unions. Against the 1163 peers in the $10M–$50M cohort, its widest edge is delinquency rate (0.05% vs 1.15%). Its widest shortfall is loan-to-share ratio (55.08% vs 59.80%).
How can I join Blue Water?
Blue Water carries an NCUA Low-Income Designation, which typically means anyone can join regardless of employer or location, and the credit union is eligible for supplemental capital and secondary capital rules not available to standard charters. Contact Blue Water directly to confirm current membership steps.
Is my money safe at Blue Water?
Blue Water is a federal credit union; its shares are federally 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. Blue Water's net worth ratio of 14.54% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.