SETTLERS
Federal • BRUCE CROSSING, Michigan • Est. 1932
Quick Facts
- Charter Number
- #24793
- Type
- Federal
- Established
- 1932
- Headquarters
- BRUCE CROSSING, Michigan 49912
- Address
- PO BOX 260
- Branches
- 2
- ATMs
- 5
- Members
- 3,945
- Membership Type
- Community
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
3,945 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SETTLERS |
|---|---|
| Total Assets | $36.1M |
| Members | 3,945 |
| Loans Outstanding | $18.9M |
| Shares & Deposits | $28.9M |
| Net Worth | $7.0M |
| Net Worth Ratio | 19.47% |
| Loan-to-Share Ratio | 65.5% |
| Delinquency Rate | 0.41% |
| Net Income | +$788,861 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
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
Browse all federally insured credit unions in Michigan, ranked by assets, members, and financial health score.
View Michigan RankingsFrequently Asked Questions
Yes. SETTLERS 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, SETTLERS has 3,945 members and a potential membership field of 20,000 people.
SETTLERS's net worth ratio is 19.47% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 19.5%, SETTLERS meets this threshold.
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 (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or SETTLERS. All financial data is for informational purposes only.