Frankfort Community Federal Credit Union
Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 195th largest credit union in the state of Michigan. It is also the 3,692nd largest credit union in the nation. It was established in 1959 and as of September of 2019, it had grown to 4 employees and 1,927 members at 1 location. Frankfort Community Federal Credit Union's CD rates are 39% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
Frankfort Community Federal Credit Union is open to those who live or work in Benzie County, Michigan.
See current membership details
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13355 |
| Year Chartered | 1959 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 6.01% |
| Annual Interest Income | $471.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $14.0MM$12.7MM |
| Loans | Q3 2019vs Q3 2018 | $10.4MM$8.9MM |
| Deposits | Q3 2019vs Q3 2018 | $12.1MM$10.9MM |
| Equity Capital | Q3 2019vs Q3 2018 | $1.9MM$1.7MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $81.00K$28.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $381.00K$156.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Frankfort Community Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Frankfort Community Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $75k* | - | Super Saver | ||
| OTHER TIERS: 0.35% → $5k - $25k | 0.45% → $25k - $48k | |||||
| 0.15% | $5 | - | Regular Shares | ||
Frankfort Community Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $500 | - | Dividend Checking |
Frankfort Community Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | - | - | 24 Month CD | |
| 1.50% | - | - | 18 Month CD | |
| 1.25% | - | - | 12 Month CD | |
| 0.50% | - | - | 6 Month CD |
| Frankfort Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 921 Forest Ave | Frankfort, MI 49635 |