Upper Peninsula State Bank vs Service 1
Comparing a Bank in Escanaba, MI with a Credit Union in Muskegon, MI using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Upper Peninsula State Bank ↗ Bank · Escanaba, MI · Est. 1902 | Service 1 ↗ Credit Union · Muskegon, MI · Est. 1940 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Credit Union |
| Location | Escanaba, MI | Muskegon, MI |
| Total assets | $371.0M | $197.4M |
| Capital ratio | 12.9% | 18.3% |
| Return on assets | 1.3% | 1.7% |
| Deposits | $298.5M | — |
| Branches | 5 | 21,204 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #2 of 73 | #1 of 170 |
| Established | 1902 | 1940 |
Upper Peninsula State Bank
- Assets: $371.0M
- Deposits: $298.5M
- Capital ratio: 12.9%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #2 of 73
Service 1
- Assets: $197.4M
- Members: 21,204
- Capital ratio: 18.3%
- Return on assets: 1.7%
- CFPB complaints: 0
- State rank: #1 of 170
Are both institutions federally insured?
Yes. Upper Peninsula State Bank is FDIC-insured and Service 1 is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Upper Peninsula State Bank or Service 1?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Upper Peninsula State Bank scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Upper Peninsula State Bank safe?
Yes — Upper Peninsula State Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Service 1 safe?
Yes — Service 1 is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Upper Peninsula State Bank vs Service 1?
Upper Peninsula State Bank has a capital ratio of 12.9%, placing it in the top 21% of $100M–1B peers. Service 1's ratio is 18.3%, placing it in the top 4% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Upper Peninsula State Bank have compared to Service 1?
The CFPB database shows 0 complaints against Upper Peninsula State Bank, and 0 complaints against Service 1. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Upper Peninsula State Bank with other Banks in Michigan
Financial data from FDIC and NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
