Sault Sainte Ma, Michigan · Peer group 5
Soo Co-Op Credit Union
Soo Co-Op Credit Union holds $324.8M in assets across 24,668 members as of Q1 2026 — about $13K of assets per member, on a charter dating to 1958. Charter number 62325, in the $100M-$500M asset tier.
Balance sheet
Reported position at the close of the quarter.
| Total assets | $324.8M |
|---|---|
| Total loans | $181.1M |
| Total shares (deposits) | $283.3M |
| Net worth | $43.2M |
| Members | 24,668 |
| Assets per member | $13K |
Year-over-year growth
Change against the same quarter one year earlier.
| Assets | 6.9% | |
|---|---|---|
| Loans | 6.9% | around the 73rd percentile of its peer group |
| Deposits | 5.7% | around the 71st percentile of its peer group |
| Members | 2.3% | around the 77th percentile of its peer group |
Ratios and peer position
Each ratio is shown against its percentile rank within this institution's own peer group. The absolute number is rarely the interesting part — a 96% loan-to-share is unremarkable in one peer group and an outlier in another.
| Loan-to-share | 63.9% | around the 34th percentile of its peer group |
|---|---|---|
| Net worth ratio | 13.3% | around the 72nd percentile of its peer group |
| Return on assets | 1.43% | around the 87th percentile of its peer group |
| Delinquency ratio | 0.27% | around the 20th percentile of its peer group |
| Cash / assets | 20.2% | higher than 91% of its peer group |
| Borrowings / assets | 0.0% | around the 40th percentile of its peer group |
What this page does not show
Everything above is Soo Co-Op Credit Union’s own reported position. What a CUSignals subscription adds is the layer on top of it: a merger-susceptibility score and calibrated one-year probability, a franchise-value score, a liquidity-stress score and funding-need flag, participation buyer/seller classification, and buying-propensity scores across five software categories — each with the plain-English reason it moved, and each decomposable into the weights that produced it.
Similar credit unions
Closest in size within Michigan — the comparison set a peer ratio is measured against.
- Forest Area Credit Union
Fife Lake, MI
$317.9M · 21,325 members
- Preferred Credit Union
Grand Rapids, MI
$317.9M · 23,429 members
- Extra Credit Union
WARREN, MI
$344.4M · 19,006 members
- United Bay Community Credit Union
Bay City, MI
$304.4M · 18,870 members
- Michigan United Credit Union
Auburn Hills, MI
$346.4M · 24,056 members
- United Financial Credit Union
Saginaw, MI
$350.3M · 21,710 members
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