Cheboygan, MI · Federal Credit Union · Chartered in MI
Who can join
Employer / occupational group
Members
12,057
Net Worth Ratio
11.50%
min. 7% = Well Capitalized
Contact & Details
NCUAWebsite
Phone
Address
Branch Locations
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
Total Assets
$130.5M
Total Shares
$114.1M
Total Loans
$52.5M
Net Income
$312K
Net Worth Ratio
11.50%
≥7% = Well Capitalized
Members
12,057
Return on Assets
0.24%
annualized · >0.5% healthy
Delinquency Rate (60d+)
1.87%
$983K
No HMDA mortgage lending data on record for this credit union.
No CFPB complaint data available for this credit union.
Main Office
201 Locust St, Cheboygan, MI, 49721
M-F 9-5 S 9-12
Branch Office
121 E Central Ave, Mackinaw City, MI, 49701
M-F 9-5 May - September Saturdays also 9-12
Branch Office
6090 M 68 Hwy, Indian River, MI, 49749-9366
M-F 9-5 S 9-12
Cu Answers
6000 28th St SE, Grand Rapids, MI, 49546
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<a href="https://bankscorer.com/credit-union/straits-area" target="_blank" rel="noopener">View STRAITS AREA on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.
Loan-to-share ratio: 46.0%· healthy range 60–80%