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 204^th largest credit union in the state of Michigan. It is also the 3,906^th largest credit union in the nation. It was established in 1959 and as of June of 2018, it had grown to 4 employees and 1,979 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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Health

B

Data as of Q2 2018

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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	0.68%
Return on Equity - YTD	4.83%
Annual Interest Income	$220.00K

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$12.2MM$11.9MM
Loans	Q2 2018vs Q2 2017	$8.1MM$6.3MM
Deposits	Q2 2018vs Q2 2017	$10.5MM$10.3MM
Equity Capital	Q2 2018vs Q2 2017	$1.7MM$1.6MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$24.00K$17.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$149.00K$75.00K
Real Estate Owned	Q2 2018vs Q2 2017	$0$0

Rates

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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%	$5	$10m	Regular Shares

Locations

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

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