AWAKON
Federal • ONAWAY, Michigan • Est. 1951
Quick Facts
- Charter Number
- #7465
- Type
- Federal
- Established
- 1951
- Headquarters
- ONAWAY, Michigan 49765
- Address
- PO BOX 420
- Branches
- 6
- ATMs
- 6
- Members
- 14,774
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Well-capitalized with a healthy net worth ratio and solid financial fundamentals. A reliable institution with good long-term stability.
Financial Overview
Total Assets
Members
14,774 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | AWAKON |
|---|---|
| Total Assets | $197.3M |
| Members | 14,774 |
| Loans Outstanding | $135.8M |
| Shares & Deposits | $167.6M |
| Net Worth | $26.0M |
| Net Worth Ratio | 13.19% |
| Loan-to-Share Ratio | 81.0% |
| Delinquency Rate | 1.23% |
| Net Income | +$4,437,724 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
6 locations · 6 ATMs
Awakon Federal Credit Union
Main Office20855 Washington Ave
Onaway, MI 49765
Awakon Federal Credit Union
6272 M-68 Hwy
Indian River, MI 49749
Awakon Federal Credit Union
279 S Bradley Hwy
Rogers City, MI 49779-2137
Awakon Federal Credit Union
12842 S Straits Hwy
Wolverine, MI 49799-9500
Awakon Federal Credit Union
1496 W Main St
Gaylord, MI 49735-7461
Who Can Join AWAKON?
Membership Type: Community
Membership eligibility for AWAKON may vary. Contact the credit union directly to confirm qualification requirements.
Contact AWAKON directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Michigan RankingsFrequently Asked Questions
Yes. AWAKON is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, AWAKON has 14,774 members and a potential membership field of 185,616 people.
AWAKON's net worth ratio is 13.19% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 13.2%, AWAKON meets this threshold.
AWAKON operates 6 branch locations and has access to 6 ATMs. The main office is located at 20855 Washington Ave, Onaway, MI 49765.
AWAKON was established in 1951. It is a federal credit union chartered under charter number 7465. The institution has been serving members for 75 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or AWAKON. All financial data is for informational purposes only.