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The Lender Report built this page from public records. Embers Credit Union has not reviewed it. Every lender's page starts this way, and it says nothing about Embers Credit Union itself. Each figure shows its source and date. Work at Embers Credit Union? You can claim this page for free.
Credit union, Marquette, MI
Embers Credit Union
A credit union based in Marquette, MI. Its commercial book is led by owner-occupied CRE and multifamily. Public files show recent SBA 7(a) and real-estate-secured commercial loans it made.
- Kind
- Credit union
- Data as of
- June 30, 2026
- Page last changed
- November 11, 2026
- Commercial book
- $158M
- NCUA 5300,
- Holds, not loans made
- Commercial loans made, H1 2026
- 53
- NCUA 5300,
- Real-estate-secured
- SBA loans, 36 months
- 2
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $622M
- NCUA 5300,
Does it fit my deal?
The deal is read here and kept nowhere. Leave out names, income and credit scores.
How to reach them
Each line shows where it came from
- Phone
- 906-228-7080 From the NCUA record, June 30, 2026.
- Website
- www.embers.orgFrom the NCUA record, November 9, 2026.
- Commercial lending page
- embers.orgFrom the lender's website, retrieved November 11, 2026.
- Names it files under
- EMBERSNCUA 5300,
- Address
- 601 S McClellan Ave, Marquette, MI 49855NCUA 5300,
- Regulator record
- NCUA profile
You generally must be a member of a credit union to borrow from it. Field of membership: Non-Federal Credit Union. Designated low-income by NCUA.
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
What changed. Embers Credit Union's Owner-occupied CRE balance rose 32.1% to $63M in the quarter ended June 30, 2026. NCUA 5300,
| When | What the record shows | Source |
|---|---|---|
| Jun 2025 to Jun 2026 | Owner-occupied CRE balance rose 46.6% to $63M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
| Jun 2025 to Jun 2026 | Multifamily balance rose 21.1% to $38.5M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Aug 2026 | Michigan | SBA 7(a), Public Administration | $1.8M | 7.25% | 10 yr | SBA FOIA | |
| Aug 2026 | Michigan | SBA 7(a), Public Administration | $400K | 8.75% | 10 yr | SBA FOIA | |
| 2 SBA 7(a) loans since October 2023, net of cancelled | $2.20M | SBA FOIA | |||||
A blank means the source did not report it.
What it holds
NCUA 5300, June 30, 2026
| Book | Holds | Of its loans | Year over year | Loans | Average |
|---|---|---|---|---|---|
| Multifamily | $38.5M | 9.4% | +21.1% | 126 | $306K |
| Construction and land development | $23.0M | 5.6% | +137.2% | 15 | $1.53M |
| Owner-occupied CRE | $63.0M | 15.4% | +46.6% | 142 | $443K |
| Non-owner-occupied CRE | $26.0M | 6.4% | -28.9% | 41 | $634K |
| Farmland | $0 | 0.0% | Not reported | 0 | Not reported |
| Commercial and industrial | $7.90M | 1.9% | +18.1% | 131 | $60.3K |
| Other real-estate-secured commercial | $0 | 0.0% | Not reported | Not reported | Not reported |
| Commercial total | $158M |
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $107M |
| Q4 2023 | $111M |
| Q1 2024 | $113M |
| Q2 2024 | $115M |
| Q3 2024 | $114M |
| Q4 2024 | $117M |
| Q1 2025 | $125M |
| Q2 2025 | $128M |
| Q3 2025 | $129M |
| Q4 2025 | $135M |
| Q1 2026 | $144M |
| Q2 2026 | $158M |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| SBA 7(a), net of cancelled | 36 months to Sep 2026 | 2 | $2.20M | $1.10M | $1.8M | SBA FOIA, |
| SBA 7(a), net of cancelled | 12 months to Sep 2026 | 2 | $2.20M | SBA FOIA, | ||
| Real-estate-secured commercial | First half of 2026 | 53 | $54.3M | NCUA 5300, | ||
| Multifamily | First half of 2026 | 15 | $6.44M | NCUA 5300, | ||
| Construction | First half of 2026 | 2 | $5.88M | NCUA 5300, | ||
| Owner-occupied CRE | First half of 2026 | 30 | $25.4M | NCUA 5300, | ||
| Non-owner-occupied CRE | First half of 2026 | 6 | $16.6M | NCUA 5300, | ||
| C&I | First half of 2026 | 16 | $2.56M | NCUA 5300, |
| Book | Average loan |
|---|---|
| Construction and land development | $1.53M |
| Multifamily | $306K |
| Owner-occupied CRE | $443K |
| Non-owner-occupied CRE | $634K |
| Commercial and industrial | $60.3K |
Programs on record: Federal Home Loan Bank member, Indianapolis district (FHFA).
Where it lends
Offices beside loans on record
| State | Offices | Multifamily 2025 | 1-4 investor 2025 | SBA 7(a) 36 mo. | SBA 504 36 mo. |
|---|---|---|---|---|---|
| Michigan HQ | 8 | 2 | 0 |
Capacity. Not a rating
Our calculation from public filings, as of June 30, 2026. Not a rating, and not a statement about safety or deposits.
| Measure | This lender | Its peers | How it is worked out | Source |
|---|---|---|---|---|
| Business loan cap | $76.2M | $55.8M to $117M across 8 peers | Estimate: the lesser of 1.75 times net worth or 12.25% of assets. Low-income designated credit unions and some others are exempt. Not a statement from the credit union. | NCUA 5300, 12 CFR 723.8, Jun 30, 2026 |
| Business loans outstanding | $207M | $52.1K to $157M across 8 peers | Net member business loans, as reported on Form 5300. | NCUA 5300, |
| Cap used | 272.2% | 0.1% to 179.9% across 8 peers | Business loans outstanding over the estimated cap. This credit union is designated low-income by NCUA and is exempt from the cap. | NCUA 5300, |
| Largest single borrower | $11.3M | $8.15M to $20.6M across 8 peers | Estimate: the greater of 15% of net worth or $100,000. Not a limit the credit union has stated. | NCUA 5300, 12 CFR 723.4, Jun 30, 2026 |
| CRE to net worth | 116.6% | 10.4% to 70.7% across 8 peers | (Construction + multifamily + non-owner-occupied CRE loans) divided by net worth. Our own ratio, not a regulatory test or limit. | NCUA 5300, |
| Loans to assets | 65.8% | 23.3% to 76.2% across 8 peers | Total loans divided by total assets. | NCUA 5300, |
Estimates use the formulas in 12 CFR 723. Low-income designated credit unions and some others are exempt from the cap.
Peers
Same kind of lender, similar size and book
| Lender | State | Total assets | Commercial book |
|---|---|---|---|
| Sovita Credit Union | MI | $592M | $54.8M |
| Public Service Credit Union | MI | $468M | $68.6M |
| Arbor Financial Credit Union | MI | $899M | $91.1M |
| TLC Community Credit Union | MI | $950M | $30.9M |
| WMCU Credit Union | MI | $455M | $36.1M |
| True Community Credit Union | MI | $955M | $78.0M |
| Diversified Members Credit Union | MI | $589M | $77.9M |
| Northland Area Credit Union | MI | $714M | $143M |
What we don't know
- Whether it is taking new loans today, or on what terms.
- Who can join. A credit union lends only to its members, and field of membership decides who qualifies.
- Whether it makes multifamily loans. No HMDA multifamily loans are on file under this name for 2024 or 2025.
- Whether it takes brokers. No figure here means no evidence, not a refusal.
- Credit union concentration ratios here are our own calculation against net worth. They are not a regulatory test or limit. Originations are Jan-Jun 2026 year to date.
Check this page
Against the regulator's own record
- Name and charter. Embers Credit Union, NCUA charter 62038. Compare it with the regulator's record. [NCUA profile]
- Balances. $622M in total assets and $158M in commercial loans held, from the NCUA 5300 for June 30, 2026. [Source]
- Loans made. 53 real-estate-secured commercial loans made in the first half of 2026, from your NCUA Form 5300, and 2 loans in SBA files, through September 30, 2026: 2 SBA 7(a) in 36 months.
- Phone and website. Phone 906-228-7080, from the NCUA record. Website embers.org, from the NCUA record. [How to reach them]
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For the record
Data as of June 30, 2026. Page last changed November 11, 2026.
- Regulator
- NCUA and state regulator
- NCUA charter
- 62038
- RSSD
- 744199
- The Lender Report ID
- lr_002221
- Main office county
- Marquette
- Members
- 33,736
- NCUA region
- 1 - Eastern
NCUA credit union details,
- Reported $621.8M in total assets as of June 30, 2026 (NCUA 5300).
- Held $158.3M of commercial and commercial real estate loans as of June 30, 2026 (NCUA 5300).
- Held $63M of owner-occupied commercial real estate loans as of June 30, 2026, up 46.6% from a year earlier (NCUA 5300).
- Held $38.5M of multifamily loans as of June 30, 2026, up 21.1% from a year earlier (NCUA 5300).
- Held $26M of non-owner-occupied commercial real estate loans as of June 30, 2026 (NCUA 5300).
- Recorded 2 SBA 7(a) approvals totaling $2.2M from October 1, 2023 to September 30, 2026 (SBA).
2 more sentences
- Originated 53 real-estate-secured commercial loans totaling $54.3M in the first half of 2026 (NCUA 5300).
- Listed 8 offices in 1 state (NCUA).
Cite this
Source: The Lender Report, Embers Credit Union, https://lender.report/lender/embers-credit-union-mi/, data as of June 30, 2026.
Sources
- NCUA 5300, June 30, 2026
- NCUA 5300, June 30, 2025
- SBA FOIA, September 30, 2026
- NCUA 5300, June 30, 2026
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Work at Embers Credit Union? Claim this page, free.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem