Frankfort Community Federal Credit Union


Overview / Commentary
231-352-9392
921 Forest Ave
Frankfort, MI 49635

Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 168th largest credit union in the state of Michigan. It is also the 3,290th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 7 employees and 1,917 members at 2 locations. Frankfort Community Federal Credit Union 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

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Health
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 Chartered1959
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD1.48%
Return on Equity - YTD11.19%
Annual Interest Income$275K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$17.6MM$17.6MM
LoansQ1 2025vs Q1 2024$11.4MM$11.5MM
DepositsQ1 2025vs Q1 2024$15.2MM$15.5MM
Equity CapitalQ1 2025vs Q1 2024$2.3MM$2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$345K$374K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$759K$407K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Frankfort Community Federal Credit Union are currently being reviewed.

Locations


Frankfort Community Federal Credit Union Locations
Branch Office921 Forest AveFrankfort, MI 49635
Corporate Office6000 28th St SEGrand Rapids, MI 49546

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