Business Banking & Commercial Services
At Embers, we understand that every business has unique needs and dreams. Whether you're a startup looking to get off the ground or an established company aiming for expansion, our tailored business banking and commercial services can help you thrive. Imagine having the capital to invest in new equipment, hire additional staff, or launch a marketing campaign that propels your business forward. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $403 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $113,641,284, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, we provide practical merchant services designed to simplify your daily operations. Think of quick payment solutions that allow you to serve customers efficiently or robust reporting tools that give you insights into your sales trends. These resources can help you make informed decisions and streamline your operations. Visit us at 601 S Mcclellan Ave Marquette Mi 49855 in Marquette, MI or give us a call at (906) 228-7080. Let's work together to fuel your business ambitions!
Financial Strength
At Embers, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial foundation, which reflects our commitment to serving you and your community. All performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $67,073,477, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.35% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $139,799,707 in share certificates and $105,165,599 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $37,666,114 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $5,876 in used auto loans and $338,933,056 in total loans and leases. Our operational efficiency is reflected in our $1,510,227, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 97 full-time employees and 22 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $884,593. Total Share and Deposit Accounts: 75,885, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Embers is your trusted partner. Visit us at 601 S Mcclellan Ave Marquette Mi 49855 or call (906) 228-7080 to learn more about how we can help you achieve your financial goals.
