Federal credit union · BESSEMER, Michigan · NCUA charter #7644
Gogebic County
Health score 82/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 82
- Health / 100
- $37.9M
- Total assets
- 3,784
- Members
- 16.6%
- Net-worth ratio
Gogebic County scores 82/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $37.9M; members 3,784; net-worth ratio 16.57%; health rank #2,393 of 4,374; healthier than 43rd of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#2,393 of 4,374 health · 2025Q4Gogebic County · health 82/100 · $37.9M · 2025Q4
Call Report peers
Gogebic County in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Gogebic County vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Gogebic County sits in 80-84 with 767 others.
82 43rd percentile higher than 43% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
Gogebic County vs $10M–$50M peers
- Strongest edge vs 1163 $10M–$50M peers is Net Worth Ratio: +1.71 pp (16.57% vs 14.86%).
- Largest lag: Loan-to-Share Ratio at 37.94% vs peer 59.80% (-21.86 pp).
Michigan standing for Gogebic County
- In Michigan, health place is #122 of 171 on the same NCUA-ratio sort used nationally.
- Assets rank #146 of 171 inside Michigan ($37.9M reported).
- Member book place in Michigan: #134 of 171.
- One place up in Michigan, Northwest Consumers (#121) ties at 82/100; one place down, Walled Lake Schools (#123) ties at 82/100.
How Gogebic County's 5300 filing moved
Gogebic County: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.0% from $37.9M (2025Q4) to $38.7M (2026Q1).
- Net-worth ratio shifted +0.26 pp (16.31% → 16.57%).
This credit union's 16.57% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 82/100 score is built
Gogebic County gives up 18 points in total. Member Growth costs the most, 9.7 of its 15; Net Worth Ratio and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 22.7 pts
- Return on Assets 15.0 pts
- Member Growth 5.3 pts
- Loan-to-Share Ratio 9.0 pts
Gogebic County health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 16.57% | +1.71 pp |
| Delinquency Rate | 0.73% | -0.42 pp |
| Return on Assets | 2.39% | +1.68 pp |
| Member Growth | -2.07% | - |
| Loan-to-Share Ratio | 37.94% | -21.86 pp |
Peer averages: $10M–$50M cohort, 1163 credit unions, 2025Q4 filing.
Call Report history - Gogebic County
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $38.7M | - |
| 2025Q4 | $37.9M | 3,784 |
| 2024Q4 | $34.6M | 3,864 |
| 2023Q4 | $35.5M | 3,932 |
Credit Union Details
- Charter Number
- 7644
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Michigan
- City
- BESSEMER
- Data Quarter
- 2025Q4
Branch Locations (3)
Per its most recent NCUA branch filing, Gogebic County runs 3 offices in 3 different cities.
| Office | City |
|---|---|
| Gogebic County Federal Credit Union (Main Office) | Bessemer, MI |
| Computer Doctors | IRONWOOD, MI |
| 1st Nat'l Bank | Wakefield, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
Other federally-insured credit unions in Michigan, closest first by peer group and asset size.
Nationwide credit unions with similar profiles
Using this data
- Gogebic County ranks #2,393 of 4,374 nationally on financial health and #122 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- First Area is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with First Area
Frequently Asked Questions
Is Gogebic County financially healthy?
Gogebic County has a financial health score of 82/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #2,393 of 4,374 nationally on health and #122 of 171 in Michigan. Its net worth ratio is 16.57% and its delinquency rate 0.73%.
How does Gogebic County compare to other credit unions?
Gogebic County scores 82/100, higher than 43% of the 4,374 scored credit unions. Against the 1163 peers in the $10M–$50M cohort, its widest edge is net worth ratio (16.57% vs 14.86%). Its widest shortfall is loan-to-share ratio (37.94% vs 59.80%).
How can I join Gogebic County?
Gogebic County operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Gogebic County directly for the exact boundaries and application steps.
Is my money safe at Gogebic County?
Gogebic County 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. Gogebic County's net worth ratio of 16.57% 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.