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TORCH LAKE FEDERAL CREDIT UNION
TORCH LAKE FEDERAL CREDIT UNION
| RSSD ID 699785 | CHARTER 10099 |
| 50 3RD ST |
Quarter Ended : |
2025-06-30 |
| LAURIUM, MI, 49913 |
Agency Update : |
2025-07-28 |
| 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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| Number of Offices : |
0 |
| Current Members : |
1,566 |
Potential Members : |
14,100 |
| Full-time Employees : |
4 |
Part-time Employees : |
1 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 11,227,952 |
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Total Interest Income | 235,392 |
| Total Liabilities | 10,415,511 |
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Total NonInterest Income | 49,120 |
| Total Shares and Deposits | 10,389,226 |
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Total Interest Expense | 1,994 |
| Total Equity | 812,441 |
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Total NonInterest Expense | 625,204 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 812,441 |
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Total Number | 438 |
| Net Worth Ratio | 7.24 |
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Total Amount | 3,888,278 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 2 |
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Total Delinquent(60+ Days) Amount | 23,401 |
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