Jolt
Jolt is a credit union based in Saginaw, Michigan, established in 1956, with $483 million in total assets serving 27,415 members. By Trust Grade it ranks 139th of 170 credit unions we track in Michigan. Its net worth ratio of 10.2% trails most similarly sized credit unions (33th percentile), versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.40% return on assets. No consumer complaints against Jolt appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Jolt compares to Michigan peers
How we graded Jolt
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.2% capital ratio)
- Profitable (ROA 0.40%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Jolt over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Jolt insured?
Yes. Jolt 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.
Jolt: frequently asked questions
Is Jolt a good credit union?
Jolt earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Well-capitalized (10.2% capital ratio); Profitable (ROA 0.40%).
Is Jolt NCUA-insured?
Yes. Jolt 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 Jolt?
Jolt holds $483 million in total assets, ranking 139th of 170 credit unions we track in Michigan. It serves 27,415 members.
Does Jolt have CFPB complaints?
No CFPB complaints against Jolt 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.
