Federal credit union · BRUCE CROSSING, Michigan · NCUA charter #24793
SETTLERS
Health score 95/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 95
- Health / 100
- $36.1M
- Total assets
- 3,945
- Members
- 19.5%
- Net-worth ratio
SETTLERS scores 95/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $36.1M; members 3,945; net-worth ratio 19.50%; health rank #317 of 4,374; healthier than 90th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#317 of 4,374 health · 2025Q4SETTLERS · health 95/100 · $36.1M · 2025Q4
- ROA 95/100
- ASSETS 19.5%
- MEM 0.41%
- RANK 2.40%
- PHOTO $36.1M
- BOOK 3,945
- CHARTER #317/4,374
- NCUSIF HOME
- CAMELS 24793
Call Report peers
SETTLERS in the assets neighbourhood
SETTLERS's $36.1M assets sit next to HOME ($36.2M) 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.
SETTLERS 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
95 Top 10% higher than 90% 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
SETTLERS - Share Insurance Coverage
Charter #24793'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.
Where SETTLERS diverges from peer averages
- Strongest edge vs 1163 $10M–$50M peers is Loan-to-Share Ratio: +5.66 pp (65.46% vs 59.80%).
Peer averages are NCUA 5300 means for the $10M–$50M cohort (1163 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
SETTLERS: in-state Call Report ranks
- In Michigan, health place is #7 of 171 on the same NCUA-ratio sort used nationally.
- Michigan assets place: #147 of 171.
- Michigan membership ordinal: #132 of 171.
In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
SETTLERS: 2025Q4 → 2026Q1
SETTLERS: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.5% from $36.1M (2025Q4) to $37.3M (2026Q1).
- Net-worth ratio shifted +0.03 pp (19.47% → 19.50%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 19.50% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 95/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 95.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 11.5 pts
- Loan-to-Share Ratio 13.5 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 19.50% | +4.64 pp |
| Delinquency Rate | 0.41% | -0.74 pp |
| Return on Assets | 2.40% | +1.69 pp |
| Member Growth | 2.10% | - |
| Loan-to-Share Ratio | 65.46% | +5.66 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
SETTLERS filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $37.3M | - |
| 2025Q4 | $36.1M | 3,945 |
| 2024Q4 | $35.2M | 3,864 |
| 2023Q4 | $34.1M | 3,759 |
Credit Union Details
- Charter Number
- 24793
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Michigan
- City
- BRUCE CROSSING
- Data Quarter
- 2025Q4
Branch Locations (2)
Per its most recent NCUA branch filing, SETTLERS runs 2 offices in 2 different cities.
| Office | City |
|---|---|
| Settlers Federal Credit Union (Main Office) | Bruce Crossing, MI |
| Settlers Federal Credit Union | Watersmeet, 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.
SETTLERS nationwide neighbourhoods
SETTLERS's nationwide photo peers by assets and by health score, excluding Michigan charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($36.1M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (95/100 here).
Using this data
- SETTLERS ranks #317 of 4,374 nationally on financial health and #7 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Alpena Community is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Alpena 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 SETTLERS financially healthy?
SETTLERS scores 95/100 (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 #317 of 4,374; by total assets it ranks #2,702 of 4,374 nationally (same basis as /rankings/largest); and #147 of 171 within Michigan. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 19.50% net worth ratio and a 0.41% delinquency rate.
How does SETTLERS compare to other credit unions?
Five weighted metrics from NCUA filings produce SETTLERS's 95/100 score on PlainCU's health composite, compared to a peer group average for $10M–$50M credit unions: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), 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 SETTLERS?
SETTLERS 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 SETTLERS directly for the exact boundaries and application steps.
Is my money safe at SETTLERS?
Federal credit unions like SETTLERS 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. SETTLERS's net worth ratio of 19.50% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does SETTLERS offer compared to banks?
Credit unions like SETTLERS 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 SETTLERS 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.