Blue Water
Blue Water is a credit union based in Port Huron, Michigan, established in 1959, with $20 million in total assets serving 1,214 members. By Trust Grade it ranks 78th of 170 credit unions we track in Michigan. Its net worth ratio of 14.5% is stronger than 52% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.50% return on assets. No consumer complaints against Blue Water appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Blue Water compares to Michigan peers
How we graded Blue Water
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.5% capital ratio)
- Profitable (ROA 0.50%)
- 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 Blue Water over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Blue Water insured?
Yes. Blue Water 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.
Blue Water: frequently asked questions
Is Blue Water a good credit union?
Blue Water earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (14.5% capital ratio); Profitable (ROA 0.50%).
Is Blue Water NCUA-insured?
Yes. Blue Water 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 Blue Water?
Blue Water holds $20 million in total assets, ranking 78th of 170 credit unions we track in Michigan. It serves 1,214 members.
Does Blue Water have CFPB complaints?
No CFPB complaints against Blue Water 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.
