Advertisement
Breakwater
HOUGHTON, MI · NCUA Charter #8212 · Federal charter · Chartered 1952
Total assets
$138.21M
Shares & deposits
$118.94M
Total loans
$82.93M
Members
10,420
Net worth
$18.48M
Branches
1
Rank: #1,563 of 4,299 U.S. credit unions by assets · #101 of 169 in Michigan. Assets changed 5.8% and membership 0.0% over the year to June 30, 2026.
Advertisement
Key ratios
| Net worth ratio (capital) | 13.68% |
| Return on assets (annualized, approx.) | 0.00% |
| Delinquent loans, 2+ months (share of loans) | 0.27% |
| Loans to shares & deposits | 69.7% |
| Net income (YTD) | $0 |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $124.71M | $114.99M | $0 | $11.12M |
| Jun 2023 | $128.25M | $109.89M | $0 | $12.62M |
| Jun 2024 | $127.76M | $114.89M | $0 | $13.75M |
| Jun 2025 | $130.62M | $114.50M | $0 | $15.62M |
| Jun 2026 | $138.21M | $118.94M | $0 | $18.48M |
Branch footprint
| State | Branches |
|---|---|
| Michigan | 1 |
Similar-sized credit unions
Walled Lake Schools ($138.44M) · 1St Ed Credit Union ($138.15M)
Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.
Advertisement