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
Call Report peers
Wolverine State in the assets neighbourhood
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
Wolverine State sits in the busiest band, 85-89, alongside 857 other credit unions.
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
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).
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).
- One place up in Michigan, Team One (#92) ties at 86/100; one place down, EXTRA (#94) scores 85/100, 1 point lower.
How Wolverine State's 5300 filing moved
Wolverine State: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.1% from $165.6M (2025Q4) to $169.1M (2026Q1).
- Net-worth ratio shifted -0.34 pp (10.01% → 9.67%).
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
Wolverine State gives up 14 points in total. Delinquency Rate costs the most, 9.1 of its 25; Return on Assets and Loan-to-Share Ratio score full marks.
- 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 |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is Wolverine State financially healthy?
On its 2025Q4 NCUA 5300 filing, Wolverine State scores 86/100 (Excellent), with a 9.67% net worth ratio and 1.55% of loans delinquent. It ranks #1,849 of 4,374 nationally on health and #93 of 171 in Michigan.
How does Wolverine State compare to other credit unions?
Wolverine State scores 86/100, higher than 57% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (72.89% vs 72.20%). Its widest shortfall is net worth ratio (9.67% vs 12.11%).
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?
Wolverine State is a state-chartered 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. Wolverine State's net worth ratio of 9.67% 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.