2. Frankfort Community Federal Credit Union

Frankfort Community Federal Credit Union


Overview / Commentary
fcfcu.virtualcu.net
231-352-9392
921 Forest Ave
Frankfort, MI 49635

Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 202nd largest credit union in the state of Michigan. It is also the 3,837th largest credit union in the nation. It was established in 1959 and as of September of 2018, it had grown to 4 employees and 2,019 members at 1 location. Frankfort Community Federal Credit Union has a B health rating.

Field of Membership Restrictions

Frankfort Community Federal Credit Union is open to those who live or work in Benzie County, Michigan.
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Health
B

Data as of Q3 2018

Learn why bank health matters
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
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD5.85%
Annual Interest Income$343.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$12.7MM$12.0MM
LoansQ3 2018vs Q3 2017$8.9MM$6.7MM
DepositsQ3 2018vs Q3 2017$10.9MM$10.4MM
Equity CapitalQ3 2018vs Q3 2017$1.7MM$1.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$28.00K$16.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$156.00K$84.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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Frankfort Community Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$10k$10mSuper Saver
0.15%$5$10mRegular Shares
Locations


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

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