Tahquamenon Area
Tahquamenon Area is a credit union based in Newberry, Michigan, established in 1955, with $68 million in total assets serving 4,595 members. By Trust Grade it ranks 95th of 170 credit unions we track in Michigan. Its net worth ratio of 12.2% trails most similarly sized credit unions (34th percentile), versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.22% return on assets. No consumer complaints against Tahquamenon Area appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Tahquamenon Area compares to Michigan peers
How we graded Tahquamenon Area
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.2% capital ratio)
- Profitable (ROA 0.22%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Tahquamenon Area over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Tahquamenon Area insured?
Yes. Tahquamenon Area 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.
Tahquamenon Area: frequently asked questions
Is Tahquamenon Area a good credit union?
Tahquamenon Area earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (12.2% capital ratio); Profitable (ROA 0.22%).
Is Tahquamenon Area NCUA-insured?
Yes. Tahquamenon Area 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 Tahquamenon Area?
Tahquamenon Area holds $68 million in total assets, ranking 95th of 170 credit unions we track in Michigan. It serves 4,595 members.
Does Tahquamenon Area have CFPB complaints?
No CFPB complaints against Tahquamenon Area 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.
