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credit union

Gogebic County

Bessemer, MI · Est. 1952
A
Trust Grade
Excellent
Score: 98/100

Gogebic County is a credit union based in Bessemer, Michigan, established in 1952, with $39 million in total assets serving 3,746 members. By Trust Grade it ranks 8th of 170 credit unions we track in Michigan. Its net worth ratio of 16.6% is stronger than 64% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 2.37% return on assets. No consumer complaints against Gogebic County appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$38.7M
<$100M institution
Members
3,746
Shares & deposits
Net worth ratio
16.6%
Top 36% of <$100M peers · Michigan median 11.7%
Return on assets
2.4%
Top 3% of <$100M peers · Michigan median 0.79%
Rank in Michigan
#8
of 170 credit unions

How Gogebic County compares to Michigan peers

Net worth ratio
Top 36% of <$100M peers
Gogebic County
16.6%
Michigan median
11.7%
Higher capital ratio = stronger financial cushion
Return on assets
Top 3% of <$100M peers
Gogebic County
2.4%
Michigan median
0.8%
Higher ROA = more profitable relative to asset base

How we graded Gogebic County

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (16.6% capital ratio)
  • Strongly profitable (ROA 2.37%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Gogebic County over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Gogebic County insured?

Yes. Gogebic County is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Gogebic County: frequently asked questions

Is Gogebic County a good credit union?

Gogebic County earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.6% capital ratio); Strongly profitable (ROA 2.37%).

Is Gogebic County NCUA-insured?

Yes. Gogebic County is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Gogebic County?

Gogebic County holds $39 million in total assets, ranking 8th of 170 credit unions we track in Michigan. It serves 3,746 members.

Does Gogebic County have CFPB complaints?

No CFPB complaints against Gogebic County appear in our data over the analysis window, which is typical for a credit union of this size.

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Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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