BREAKWATER
Federal • HOUGHTON, Michigan • Est. 1952
Quick Facts
- Charter Number
- #8212
- Type
- Federal
- Established
- 1952
- Headquarters
- HOUGHTON, Michigan 49931-1618
- Address
- 700 E SHARON AVE
- Branches
- 1
- ATMs
- 1
- Members
- 10,422
- Membership Type
- Other/Unknown
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
10,422 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | BREAKWATER |
|---|---|
| Total Assets | $135.0M |
| Members | 10,422 |
| Loans Outstanding | $82.5M |
| Shares & Deposits | $117.8M |
| Net Worth | $17.0M |
| Net Worth Ratio | 13.01% |
| Loan-to-Share Ratio | 70.0% |
| Delinquency Rate | 0.41% |
| Net Income | +$2,412,876 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
1 location · 1 ATMs
Main Branch/Corporate Offices
Main Office700 E Sharon Ave
Houghton, MI 49931-1618
Who Can Join BREAKWATER?
Membership Type: Other/Unknown
Membership eligibility for BREAKWATER may vary. Contact the credit union directly to confirm qualification requirements.
Contact BREAKWATER 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. BREAKWATER 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, BREAKWATER has 10,422 members and a potential membership field of 50,000 people.
BREAKWATER's net worth ratio is 13.01% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 13.0%, BREAKWATER meets this threshold.
BREAKWATER operates 1 branch location and has access to 1 ATMs. The main office is located at 700 E Sharon Ave, Houghton, MI 49931-1618.
BREAKWATER was established in 1952. It is a federal credit union chartered under charter number 8212. The institution has been serving members for 74 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or BREAKWATER. All financial data is for informational purposes only.