Frankfort Community Federal Credit Union
Overview / Commentary
Frankfort Community Federal Credit Union is headquartered in Frankfort and is the 214th largest credit union in the state of Michigan. It is also the 4,008th largest credit union in the nation. It was established in 1959 and as of March of 2017, it had grown to 4 employees and 1,769 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.
See current membership details
Health
B+
Data as of Q1 2017
Learn why bank health mattersAdditional 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 | 0.27% |
| Return on Equity - YTD | 2% |
| Annual Interest Income | $83.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $12.1MM$11.2MM |
| Loans | Q1 2017vs Q1 2016 | $5.8MM$4.6MM |
| Deposits | Q1 2017vs Q1 2016 | $10.5MM$9.6MM |
| Equity Capital | Q1 2017vs Q1 2016 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $25.00K$26.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $57.00K$35.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Frankfort Community Federal Credit Union.
Locations
| Frankfort Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 921 Forest Ave | Frankfort, MI 49635 |