State credit union · Grand Rapids, Michigan · NCUA charter #62347
WMCU
Health score 88/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 88
- Health / 100
- $441.9M
- Total assets
- 29,677
- Members
- 17.3%
- Net-worth ratio
WMCU scores 88/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $441.9M; members 29,677; net-worth ratio 17.26%; health rank #1,396 of 4,374; healthier than 65th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#1,396 of 4,374 health · 2025Q4WMCU · health 88/100 · $441.9M · 2025Q4
- PHOTO 88/100
- BOOK 17.3%
- CHARTER 1.55%
- NCUSIF 1.03%
- CAMELS $441.9M
- HEALTH 29,677
- NW #1,396/4,374
- DELQ GAIN
- ROA 62347
Call Report peers
WMCU in the assets neighbourhood
WMCU's $441.9M assets sit next to GAIN ($442.0M) 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.
WMCU 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
88 Top 35% higher than 65% 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
WMCU - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #62347. See our deposit-insurance coverage note.
Where WMCU diverges from peer averages
- Strongest edge vs 1069 $100M–$500M peers is Net Worth Ratio: +5.15 pp (17.26% vs 12.11%).
- Largest lag: Loan-to-Share Ratio at 59.01% vs peer 72.20% (-13.19 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Where WMCU sits in Michigan
- In Michigan, health place is #63 of 171 on the same NCUA-ratio sort used nationally.
- Michigan assets place: #50 of 171.
- Membership ranks #47 of 171 among Michigan CUs with a reported count (29,677 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.
WMCU Call Report trajectory
WMCU: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.6% from $441.9M (2025Q4) to $449.2M (2026Q1).
- Net-worth ratio shifted -0.01 pp (17.27% → 17.26%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 17.26%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 88/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 88.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 15.9 pts
- Return on Assets 15.0 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 12.1 pts
WMCU health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 17.26% | +5.15 pp |
| Delinquency Rate | 1.55% | +0.66 pp |
| Return on Assets | 1.03% | +0.40 pp |
| Member Growth | 66.37% | - |
| Loan-to-Share Ratio | 59.01% | -13.19 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Call Report history - WMCU
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $449.2M | - |
| 2025Q4 | $441.9M | 29,677 |
| 2024Q4 | $252.3M | 17,838 |
| 2023Q4 | $253.9M | 18,558 |
Credit Union Details
- Charter Number
- 62347
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Michigan
- City
- Grand Rapids
- Data Quarter
- 2025Q4
Branch Locations (14)
WMCU operates 14 offices across 8 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Hall Street (Main Office) | Grand Rapids, MI |
| Big Rapids Lobby | Big Rapids, MI |
| Big Rapids - Drive Thru | Big Rapids, MI |
| Cadillac | Cadillac, MI |
| Coopersville | Coopersville, MI |
| Grand Rapids | Grand Rapids, MI |
| Corporate Administrative Offices | Grand Rapids, MI |
| Grand Rapids | Grand Rapids, MI |
| Creston | Grand Rapids, MI |
| Meadowbrook | Grand Rapids, MI |
| Georgetown | Jenison, MI |
| Manistee Office | Manistee, MI |
| Reed City | Reed City, MI |
| 28th Street | Wyoming, 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.
Nationwide credit unions with similar profiles
WMCU's nationwide photo peers by assets and by health score, excluding Michigan charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($441.9M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (88/100 here).
Using this data
- WMCU ranks #1,396 of 4,374 nationally on financial health and #63 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Public Service is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Public Service
- 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 WMCU financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, WMCU carries a financial health score of 88/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #1,396 of 4,374; by total assets it ranks #809 of 4,374 nationally (same basis as /rankings/largest); and #50 of 171 within Michigan. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 17.26% net worth ratio and a 1.55% delinquency rate.
How does WMCU compare to other credit unions?
88/100 is WMCU's score on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 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 WMCU?
Membership eligibility for WMCU depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact WMCU directly for current membership requirements and application steps.
Is my money safe at WMCU?
Federal credit unions like WMCU 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. WMCU's net worth ratio of 17.26% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does WMCU offer compared to banks?
Credit unions like WMCU 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 WMCU 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.