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PREFERRED CREDIT UNION
PREFERRED CREDIT UNION
| RSSD ID 221793 | CHARTER 62340 |
| 3767 Sparks Dr SE |
Quarter Ended : |
2025-06-30 |
| Grand Rapids, MI, 49546 |
Agency Update : |
2025-07-29 |
| http://www.preferredcu.org |
| Institution Profile |
| Chartered : |
1968 |
Institution Type : |
Credit Union |
| Credit Union Type : |
State |
Federal Regulator : |
NCUA |
| Membership Type : |
State chartered natural person credit union |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
23,733 |
Potential Members : |
50,000 |
| Full-time Employees : |
71 |
Part-time Employees : |
6 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 308,714,987 |
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Total Interest Income | 7,470,149 |
| Total Liabilities | 271,358,728 |
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Total NonInterest Income | 2,400,617 |
| Total Shares and Deposits | 265,872,319 |
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Total Interest Expense | 1,829,982 |
| Total Equity | 41,884,677 |
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Total NonInterest Expense | 6,119,041 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 41,884,677 |
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Total Number | 20,264 |
| Net Worth Ratio | 13.57 |
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Total Amount | 159,314,832 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 87 |
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Total Delinquent(60+ Days) Amount | 713,999 |
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