SOO CO-OP
State-Chartered • Sault Sainte Marie, Michigan • Est. 1958
Quick Facts
- Charter Number
- #62325
- Type
- State-Chartered
- Established
- 1958
- Headquarters
- Sault Sainte Marie, Michigan 49783
- Address
- 4489 I 75 Business Spur
- Branches
- 6
- ATMs
- 4
- Members
- 24,668
- 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
24,668 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SOO CO-OP |
|---|---|
| Total Assets | $324.8M |
| Members | 24,668 |
| Loans Outstanding | $181.1M |
| Shares & Deposits | $283.3M |
| Net Worth | $43.2M |
| Net Worth Ratio | 13.31% |
| Loan-to-Share Ratio | 63.9% |
| Delinquency Rate | 0.27% |
| Net Income | +$1,162,814 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
6 locations · 4 ATMs
Soo Co-op Credit Union
Main Office4489 I 75 Business Spur
Sault Sainte Marie, MI 49783
Bingham Branch
536 Bingham Ave
Sault Sainte Marie, MI 49783
Kinross Branch
4932 W Curtis St
Kincheloe, MI 49788
Kewadin Branch
2186 Shunk Rd
Sault Sainte Marie, MI 49783
Brimley Branch
6946 S M-221
Brimley, MI 49715
Who Can Join SOO CO-OP?
Membership Type: Community
Membership eligibility for SOO CO-OP may vary. Contact the credit union directly to confirm qualification requirements.
Contact SOO CO-OP 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
SOO CO-OP 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, SOO CO-OP has 24,668 members and a potential membership field of 10,140,459 people.
SOO CO-OP's reported net worth ratio is 13.31% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
SOO CO-OP operates 6 branch locations and has access to 4 ATMs. The main office is located at 4489 I 75 Business Spur, Sault Sainte Marie, MI 49783.
SOO CO-OP was established in 1958. It is a state-chartered credit union chartered under charter number 62325. The institution has been serving members for 68 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or SOO CO-OP. All financial data is for informational purposes only.