SOO CO-OP
Sault Sainte Ma, MI · State Credit Union · Chartered in MI
Who can join
State government employees (special charter)
Members
24,668
Net Worth Ratio
13.31%
min. 7% = Well Capitalized
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
At a Glance
Total Assets
$324.8M
Peer Group 5
Members
24,668
as of latest quarter
Net Worth Ratio
13.31%
Well Capitalized
Institution Profile
NCUAWebsite
Phone
Address
Chartered
Branch Locations
Membership Eligibility
Financial Snapshot
Total Assets
$324.8M
Total Shares
$283.3M
Total Loans
$181.1M
Net Income
$1.2M
Net Worth Ratio
13.31%
≥7% = Well Capitalized
Members
24,668
Return on Assets
0.36%
annualized · >0.5% healthy
Delinquency Rate (60d+)
0.17%
$314K
Loan-to-share ratio: 63.9%· healthy range 60–80%
Branch Locations
NCUASoo Co-op Credit Union
4489 I 75 Business Spur, Sault Sainte Marie, MI, 49783
Lobby: Monday thru Friday 7:30 am to 6:00 pm Drive Thru: Mon thru Fri 7:30 am to 6:00 pm Saturday 7:30am to 1 pm
Bingham Branch
536 Bingham Ave, Sault Sainte Marie, MI, 49783
Monday thru Friday 7:30 am to 6:00 pm Saturday 7:30 am to 1:00 pm
Kinross Branch
4932 W Curtis St, Kincheloe, MI, 49788
Monday thru Friday 9:00 am to 5:00 pm
Kewadin Branch
2186 Shunk Rd, Sault Sainte Marie, MI, 49783
Monday and Tuesday 10:00am to 3:00pm
Brimley Branch
6946 S M-221, Brimley, MI, 49715
Monday thru Friday 9:00 am to 5:00 pm
Cedarville Branch
90 Beach St, Cedarville, MI, 49719
Monday thru Friday 9:00 am to 5:00 pm
Mortgage Lending (HMDA)
Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.
Consumer Complaints
No CFPB complaint data available for this credit union.
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<a href="https://bankscorer.com/credit-union/soo-co-op" target="_blank" rel="noopener">View SOO CO-OP on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.