Federal credit union · ESCANABA, Michigan · NCUA charter #6102
Great Lakes First
Health score 82/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 82
- Health / 100
- $102.3M
- Total assets
- 7,440
- Members
- 10.2%
- Net-worth ratio
Great Lakes First - Share Insurance Coverage
Charter #6102's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
Great Lakes First - Five Health Pillars
Below, five 0-100 sub-scores, one per pillar of the composite. Weight and sum them and the result matches the headline health score above exactly - same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)100
- Asset quality (delinquency)96
- Earnings (ROA)70
- Member growth53
- Liquidity (loan-to-share)66
Weighted composite: 82/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 10.23%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 10.23% | 30% |
| Delinquency Rate | 0.61% | 25% |
| Return on Assets | 0.20% | 15% |
| Member Growth | -0.59% | 15% |
| Loan-to-Share Ratio | 44.12% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $102.3M | 7,440 |
| 2024Q4 | $96.1M | 7,484 |
| 2023Q4 | $92.6M | 7,663 |
Credit Union Details
- Charter Number
- 6102
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Michigan
- City
- ESCANABA
- Data Quarter
- 2025Q4
What This Data Says About Great Lakes First
Charter #6102, peer group $100M–$500M, a cohort of 1069 similarly-sized institutions: that's Great Lakes First, a federal credit union in ESCANABA, Michigan with 7,440 members, $102.3M in total assets, and $41.1M in outstanding loans as of Q4 2025. The five-factor composite scores it 82/100 (Excellent), helped by a net worth ratio of 10.23% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules.
0.61% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $100M–$500M credit unions sits at 0.894%, so this institution is running tighter than peers. Deposit deployment is captured by the 44.12% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at 0.20% on net income of $201K for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by -0.59%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Community) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in Michigan
More federally-insured credit unions based in Michigan, ordered by peer group match and asset size.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Great Lakes First financially healthy?
Yes/no aside, the number is 82/100 (Excellent) - Great Lakes First's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 10.23% net worth ratio and 0.61% delinquency rate are the key drivers.
How does Great Lakes First compare to other credit unions?
Great Lakes First scores 82/100 on PlainCU's health composite, compared to a peer group average for $100M–$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 Great Lakes First?
Great Lakes First 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 Great Lakes First directly for the exact boundaries and application steps.
Is my money safe at Great Lakes First?
Federal credit unions like Great Lakes First 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. Great Lakes First's net worth ratio of 10.23% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Great Lakes First offer compared to banks?
Credit unions like Great Lakes First 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 Great Lakes First directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
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.