Alpena-Alcona Area Credit Union
Alpena, MI·Charter 62035·cu:62035·CCULR opted in
- #29 of 169Total assets in Michigan
- 50.2Kmembers
- #5 of 74Business loan growth in Michigan
- Top 10%Efficiency vs. peers
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
No material changes against peers this quarter
0 of 25 FORFI signals stand out against 569 similar credit unions, based on NCUA data for the quarter.
Where Alpena-Alcona Area Credit Union differs most from peers
Net charge-offs rising while the peer median fallsContext: Asset quality0.59%peers 0.38%+21 bps
Alpena-Alcona Area Credit Union's annualized net charge-off rate rose 29 bps over the past year to 0.59%. Among 561 similar credit unions, the median fell 2 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Annualized net charge-off rate | ||
| 0.59% | 0.38% | +21 bps |
| 12-month change | ||
| +29 bps | -2 bps | +31 bps |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Alpena-Alcona Area Credit Union itself is left out of every peer median and percentile. How signals work
Efficiency ratio among the lowest of similar credit unionsContext: Efficiency61.4%peers 75.9%-14.6 pp
Alpena-Alcona Area Credit Union's efficiency ratio was 61.4%, compared with a median of 75.9% among 566 similar credit unions: lower than 90% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 61.4% | 75.9% | -14.6 pp |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Alpena-Alcona Area Credit Union itself is left out of every peer median and percentile. How signals work
Auto lending growing while the peer median shrinksContext: Lending+10.6%peers -1.2%+11.8 pp
Alpena-Alcona Area Credit Union's auto loans grew 10.6% over the past year to $178 million. The median among 563 similar credit unions was -1.2%.
| This institution | Peer median | Difference |
|---|---|---|
| Auto loans, 12-month growth | ||
| +10.6% | -1.2% | +11.8 pp |
| Auto loans | ||
| $178 million | ||
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Alpena-Alcona Area Credit Union itself is left out of every peer median and percentile. How signals work
Key facts
- Alpena-Alcona Area Credit Union is a state-chartered credit union headquartered in Alpena, Michigan. It reported $976 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $848 million, up 7.6% from a year earlier, and loans totaled $615 million, up 11.4%.
- Its net interest margin on average assets was 3.50% and its annualized return on assets was 1.30% for the quarter.
- Its cost of all shares and deposits was 1.98%, compared with a median of 1.45% among 566 similar credit unions with $300 million to $1 billion in assets.
- It served 50,248 members, up 4.1% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Alpena-Alcona Area Credit Union's own data, FORFI would look at: Which borrowers and segments are migrating toward delinquency, before losses arrive.
Analysis workspaces
Sources and identifiers
- Institution
- Alpena-Alcona Area Credit Union · Credit union
- NCUA charter
- 62035
- Reporting period
- Peer group
- 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Alpena-Alcona Area Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $3.12M | |
| $12.6M | |
| $4.16M | |
| $8.44M | |
| $2.03M | |
| $6.43M | |
| $924.37K | |
| $924.37K | |
| 1.30% | |
| 3.50% | |
| 61.37% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.