State credit union · Alpena, Michigan · NCUA charter #62203
Wolverine State
Health score 86/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 86
- Health / 100
- $165.6M
- Total assets
- 9,700
- Members
- 9.7%
- Net-worth ratio
Wolverine State scores 86/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $165.6M; members 9,700; net-worth ratio 9.67%; health rank #1,849 of 4,374; healthier than 57th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#1,849 of 4,374 health · 2025Q4Wolverine State · health 86/100 · $165.6M · 2025Q4
- PHOTO 86/100
- BOOK 9.7%
- CHARTER 1.55%
- NCUSIF 0.59%
- CAMELS $165.6M
- HEALTH 9,700
- NW #1,849/4,374
- DELQ EPIC
- ROA 62203
Call Report peers
Wolverine State in the assets neighbourhood
Wolverine State's $165.6M assets sit next to EPIC ($165.6M) 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.
Wolverine State 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
86 Top 43% higher than 57% 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
Wolverine State - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #62203 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Peer-gap read for Wolverine State
- Loan-to-Share Ratio leads the peer set - 72.89% here, 72.20% peer average (+0.69 pp).
- Largest lag: Net Worth Ratio at 9.67% vs peer 12.11% (-2.44 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Wolverine State in Michigan
- Michigan health ordinal: #93 of 171.
- By total assets, Wolverine State is #88 of 171 in Michigan.
- Membership ranks #98 of 171 among Michigan CUs with a reported count (9,700 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.
How Wolverine State's 5300 filing moved
Wolverine State: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.1% from $165.6M (2025Q4) to $169.1M (2026Q1).
- Net-worth ratio shifted -0.34 pp (10.01% → 9.67%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 9.67% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 86/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 86.
- Net Worth Ratio 29.2 pts
- Delinquency Rate 15.9 pts
- Return on Assets 15.0 pts
- Member Growth 10.6 pts
- Loan-to-Share Ratio 15.3 pts
Wolverine State vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.67% | -2.44 pp |
| Delinquency Rate | 1.55% | +0.66 pp |
| Return on Assets | 0.59% | -0.03 pp |
| Member Growth | 1.34% | - |
| Loan-to-Share Ratio | 72.89% | +0.69 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).
Wolverine State filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $169.1M | - |
| 2025Q4 | $165.6M | 9,700 |
| 2024Q4 | $158.2M | 9,572 |
| 2023Q4 | $140.4M | 9,166 |
Credit Union Details
- Charter Number
- 62203
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Michigan
- City
- Alpena
- Data Quarter
- 2025Q4
Branch Locations (5)
Per its most recent NCUA branch filing, Wolverine State runs 5 offices in 3 different cities.
| Office | City |
|---|---|
| Wolverine State Credit Union (Main Office) | Alpena, MI |
| Wolverine State Credit Union | Alpena, MI |
| Wolverine State Credit Union | Alpena, MI |
| Wolverine State Credit Union | Oscoda, MI |
| Wolverine State Credit Union | West Branch, 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.
Cross-state Call Report peers for Wolverine State
Wolverine State's nationwide photo peers by assets and by health score, excluding Michigan charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($165.6M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (86/100 here).
Using this data
- Wolverine State ranks #1,849 of 4,374 nationally on financial health and #93 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Family Financial is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Family Financial
- 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 Wolverine State financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Wolverine State carries a financial health score of 86/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #1,849 of 4,374; by total assets it ranks #1,416 of 4,374 nationally (same basis as /rankings/largest); and #88 of 171 within Michigan. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 9.67% net worth ratio and a 1.55% delinquency rate.
How does Wolverine State compare to other credit unions?
Five weighted metrics from NCUA filings produce Wolverine State's 86/100 score on PlainCU's health composite, compared to a peer group average for $100M–$500M 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 Wolverine State?
Membership eligibility for Wolverine State depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Wolverine State directly for current membership requirements and application steps.
Is my money safe at Wolverine State?
Federal credit unions like Wolverine State 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. Wolverine State's net worth ratio of 9.67% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Wolverine State offer compared to banks?
Credit unions like Wolverine State 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 Wolverine State 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.