SETTLERS
Federal • Bruce Crossing, Michigan • Est. 1932
Quick Facts
- Charter Number
- #24793
- Type
- Federal
- Established
- 1932
- Headquarters
- Bruce Crossing, Michigan 49912-9296
- Address
- 14623 State Highway M28 E
- Branches
- 2
- ATMs
- 5
- Members
- 3,965
- 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 10% and a delinquency rate below 1%. 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
3,965 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SETTLERS |
|---|---|
| Total Assets | $37.3M |
| Members | 3,965 |
| Loans Outstanding | $19.0M |
| Shares & Deposits | $29.9M |
| Net Worth | $7.3M |
| Net Worth Ratio | 19.50% |
| Loan-to-Share Ratio | 63.5% |
| Delinquency Rate | 0.59% |
| Net Income | +$0 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
2 locations · 5 ATMs
Settlers Federal Credit Union
Main Office14623 State Highway M28 E
Bruce Crossing, MI 49912-9296
Settlers Federal Credit Union
5384 US Highway 45 N
Watersmeet, MI 49969
Who Can Join SETTLERS?
Membership Type: Community
Membership eligibility for SETTLERS may vary. Contact the credit union directly to confirm qualification requirements.
Contact SETTLERS 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
SETTLERS 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, SETTLERS has 3,965 members and a potential membership field of 20,000 people.
SETTLERS's reported net worth ratio is 19.50% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
SETTLERS operates 2 branch locations and has access to 5 ATMs. The main office is located at 14623 State Highway M28 E, Bruce Crossing, MI 49912-9296.
SETTLERS was established in 1932. It is a federal credit union chartered under charter number 24793. The institution has been serving members for 94 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or SETTLERS. All financial data is for informational purposes only.