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TORCH LAKE FEDERAL CREDIT UNION
TORCH LAKE FEDERAL CREDIT UNION
RSSD ID 699785 | CHARTER 10099 |
50 3RD ST |
Quarter Ended : |
2025-03-31 |
LAURIUM, MI, 49913 |
Agency Update : |
2025-04-28 |
http://www.torchlakefederal.com |
Institution Profile |
Chartered : |
1955 |
Institution Type : |
Credit Union |
Credit Union Type : |
Federal |
Federal Regulator : |
NCUA |
Membership Type : |
Community credit union |
Statistical Area (MSA) : |
Not Available |
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Current Members : |
1,609 |
Potential Members : |
14,100 |
Full-time Employees : |
4 |
Part-time Employees : |
2 |
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Financial Fast Facts |
Balance Sheet |
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Income Statement (ytd) |
Total Assets | 11,783,118 |
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Total Interest Income | 116,864 |
Total Liabilities | 10,674,451 |
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Total NonInterest Income | 17,605 |
Total Shares and Deposits | 10,642,786 |
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Total Interest Expense | 983 |
Total Equity | 1,108,667 |
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Total NonInterest Expense | 187,270 |
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PCA Net Worth |
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Loans & Leases |
Total Net Worth | 1,108,667 |
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Total Number | 458 |
Net Worth Ratio | 9.41 |
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Total Amount | 4,049,749 |
Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 0 |
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Total Delinquent(60+ Days) Amount | 0 |
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