At Wexford Community, 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 understand that in today's world, having a reliable financial partner is crucial for peace of mind and future planning. That's why we are proud to share insights into our financial health and what it means for you. With a
net worth of $8,051,358, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $962 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
$8,700,852 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$2,980,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to growth is reflected in our
$7,785,692 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With
$3,792 in used auto loans and
$44,098,657 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency shines through with a net income of
$265,666, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
31 full-time employees and
11 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. The strength of Wexford Community is underscored by the trust shown by our growing membership base, with a total of
17,673 share accounts. This reflects the confidence that 8,432 members have placed in us as their trusted financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Wexford Community is your trusted partner. Visit us at 1015 Wilcox St Cadillac Mi 49601 or call (231) 775-2081 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.*
