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Overview / Commentary
921 Forest Ave
Frankfort, MI 49635

Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 217th largest credit union in the state of Michigan. It is also the 4,108th largest credit union in the nation. It was established in 1959 and as of June of 2016, it had grown to 4 employees and 1,713 members at 1 location. Frankfort Community Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Benzie County, Michigan.
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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

NCUA #13355
Year Chartered1959
Primary Regulator
Profit Margin
Return on Assets - YTD0.12%
Return on Equity - YTD0.88%
Annual Interest Income$139.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$11.3MM$10.7MM
LoansQ2 2016vs Q2 2015$4.9MM$4.2MM
DepositsQ2 2016vs Q2 2015$9.7MM$9.1MM
Equity CapitalQ2 2016vs Q2 2015$1.6MM$1.6MM
Loan Loss AllowanceQ2 2016vs Q2 2015$26.00K$32.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$46.00K$3.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
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Frankfort Community Federal Credit Union Savings Account Rates

0.20%$10k$10mSuper Saver
0.10%-$10mRegular Shares

Frankfort Community Federal Credit Union Locations
Branch Office921 Forest AveFrankfort, MI 49635