Charter 62035 · Alpena, MI
Alpena-Alcona Area Credit Union
Alpena-Alcona Area Credit Union is a state-chartered credit union in Alpena, Michigan, with $976 million in assets and 50,248 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 12.18%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $976 million
- +8.1% in a year
- Members
- 50,248
- +4.1% in a year
- Net worth ratio
- 12.18%
- Peer median 10.79%
- Loans 60+ days late
- 0.85%
- Peer median 0.67%
- Loans outstanding
- $615 million
- +11.4% in a year
- Shares and deposits
- $848 million
- +7.6% in a year
- Branches
- 13
- 158 employees
- Opened
- 1953
- Michigan charter
How Alpena-Alcona Area Credit Union compares
NCUA groups credit unions by size; Alpena-Alcona Area Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 12.18% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.85%, is higher than the group median of 0.67%. Loans grew 11.4% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 29 of 169 credit unions headquartered in Michigan. See all Michigan credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $976 million | 50,248 | $615 million | 12.18% | 0.85% |
| Q1 2026 | $958 million | 49,570 | $590 million | 12.08% | 0.61% |
| Q4 2025 | $931 million | 49,171 | $588 million | 12.04% | 0.79% |
| Q3 2025 | $919 million | 48,818 | $574 million | 11.95% | 0.73% |
| Q2 2025 | $903 million | 48,251 | $552 million | 11.70% | 0.64% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 63,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 13 sites for Alpena-Alcona Area Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Alpena Office (main office)
1100 S Bagley St, Alpena, MI 49707 - Ossineke Office
11610 Us Highway 23 S, Ossineke, MI 49766 - Atlanta Office
12285 Jerome St, Atlanta, MI 49709 - Oscoda Office
103 S State St, Oscoda, MI 48750 - Tawas Office
118 W M 55, Tawas City, MI 48763 - Alpena North Office
1013 Us Highway 23 N, Alpena, MI 49707 - Lincoln Office
111 S Church St, Lincoln, MI 48742 - Tiger Branch
51 N Barlow Road, Lincoln, MI 48742 - Owl's Nest
3550 E River Rd, Oscoda, MI 48750 - Wildcat Branch
3303 S 3Rd Ave, Alpena, MI 49707 - Cheboygan Office
1005 S Main St, Cheboygan, MI 49721 - Posen Branch
10514 Michigan Ave, Posen, MI 49776 - Rogers City Office
478 N Third St, Rogers City, MI 49779
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology