Frankfort Community Federal Credit Union

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Overview / Commentary

frankfortcu.org

231-352-9392

921 Forest Ave
Frankfort, MI 49635

Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 209^th largest credit union in the state of Michigan. It is also the 3,949^th largest credit union in the nation. It was established in 1959 and as of December of 2017, it had grown to 4 employees and 1,883 members at 1 location. Frankfort Community Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Benzie County, Michigan.
See current membership details

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Health

C+

Data as of Q4 2017

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Frankfort Community Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	13355
Year Chartered	1959
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	0.53%
Return on Equity - YTD	3.87%
Annual Interest Income	$375.00K

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$12.0MM$12.0MM
Loans	Q4 2017vs Q4 2016	$7.4MM$5.4MM
Deposits	Q4 2017vs Q4 2016	$10.3MM$10.4MM
Equity Capital	Q4 2017vs Q4 2016	$1.7MM$1.6MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$19.00K$24.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$211.00K$47.00K
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

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Savings

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Frankfort Community Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$10k	$10m	Super Saver
0.15%	-	$10m	Regular Shares

Locations

Frankfort Community Federal Credit Union Locations
Branch Office	921 Forest Ave	Frankfort, MI 49635

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