Charter 4291 · Escanaba, MI
Peninsula Federal Credit Union
Peninsula Federal Credit Union is a federally chartered credit union in Escanaba, Michigan, with $356 million in assets and 17,923 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.03%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $356 million
- +6.2% in a year
- Members
- 17,923
- +13.0% in a year
- Net worth ratio
- 9.03%
- Peer median 11.65%
- Loans 60+ days late
- 0.94%
- Peer median 0.70%
- Loans outstanding
- $293 million
- +6.9% in a year
- Shares and deposits
- $321 million
- +5.4% in a year
- Branches
- 4
- 86 employees
- Opened
- 1941
- Federal charter
How Peninsula Federal Credit Union compares
NCUA groups credit unions by size; Peninsula Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 9.03% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.94%, is higher than the group median of 0.70%. Loans grew 6.9% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 58 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 | $356 million | 17,923 | $293 million | 9.03% | 0.94% |
| Q1 2026 | $359 million | 17,793 | $282 million | 8.85% | 0.82% |
| Q4 2025 | $352 million | 17,730 | $285 million | 8.87% | 1.00% |
| Q3 2025 | $349 million | 17,651 | $286 million | 8.72% | 0.69% |
| Q2 2025 | $335 million | 15,862 | $274 million | 8.61% | 0.42% |
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 434,410 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 4 sites for Peninsula Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Main Office (main office)
2929 3Rd Ave N, Escanaba, MI 49829 - Menominee Office
3700 10Th St, Menominee, MI 49858 - Mill Location
7126 Co 426 Rd, Escanaba, MI 49829 - Laurium Office
400 Hecla St, Laurium, MI 49913
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