Wolverine State
Wolverine State is a credit union based in Alpena, Michigan, established in 1966, with $169 million in total assets serving 9,724 members. By Trust Grade it ranks 169th of 170 credit unions we track in Michigan. Its net worth ratio of 9.7% trails most similarly sized credit unions (26th percentile), versus a Michigan median of 11.7%. It posted a loss over the most recent period (-0.54% return on assets), a point to watch. No consumer complaints against Wolverine State appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Wolverine State compares to Michigan peers
How we graded Wolverine State
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.7% capital ratio)
- Unprofitable over the period (ROA -0.54%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Wolverine State over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Wolverine State insured?
Yes. Wolverine State is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Wolverine State: frequently asked questions
Is Wolverine State a good credit union?
Wolverine State earns a Bankzia Trust Grade of C (76/100, "Average"), based on a financial-strength score of 76/100 (it has no CFPB complaints on record). Well-capitalized (9.7% capital ratio); Unprofitable over the period (ROA -0.54%).
Is Wolverine State NCUA-insured?
Yes. Wolverine State is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Wolverine State?
Wolverine State holds $169 million in total assets, ranking 169th of 170 credit unions we track in Michigan. It serves 9,724 members.
Does Wolverine State have CFPB complaints?
No CFPB complaints against Wolverine State appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
