AWAKON
Federal • Onaway, Michigan • Est. 1951
Quick Facts
- Charter Number
- #7465
- Type
- Federal
- Established
- 1951
- Headquarters
- Onaway, Michigan 49765
- Address
- 20855 Washington Ave
- Branches
- 6
- ATMs
- 6
- Members
- 14,830
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 8% and a delinquency rate below 1.5%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
14,830 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | AWAKON |
|---|---|
| Total Assets | $201.9M |
| Members | 14,830 |
| Loans Outstanding | $137.6M |
| Shares & Deposits | $172.2M |
| Net Worth | $26.8M |
| Net Worth Ratio | 13.29% |
| Loan-to-Share Ratio | 79.9% |
| Delinquency Rate | 1.11% |
| Net Income | +$810,022 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
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.
Find More Credit Unions in Michigan
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Michigan RankingsFrequently Asked Questions
AWAKON is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, AWAKON has 14,830 members and a potential membership field of 185,616 people.
AWAKON's reported net worth ratio is 13.29% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
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 (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or AWAKON. All financial data is for informational purposes only.