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 195^th largest credit union in the state of Michigan. It is also the 3,712^th largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 5 employees and 1,949 members at 1 location. Frankfort Community Federal Credit Union's CD rates are 39% higher than the national average, and it 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.
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Health

C+

Data as of Q4 2019

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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	5
Primary Regulator

Profit Margin
Return on Assets - YTD	0.59%
Return on Equity - YTD	4.35%
Annual Interest Income	$644.00K

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$13.5MM$13.3MM
Loans	Q4 2019vs Q4 2018	$10.6MM$9.7MM
Deposits	Q4 2019vs Q4 2018	$11.7MM$11.5MM
Equity Capital	Q4 2019vs Q4 2018	$1.9MM$1.8MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$115.00K$33.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$414.00K$320.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

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Savings
Checking
CD

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Always verify rates and promotions with the bank or credit union. We are not Frankfort Community Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Frankfort Community Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%^*	$75k^*	-	Super Saver
OTHER TIERS: 0.35% → $5k - $25k \| 0.45% → $25k - $48k
0.15%	$5	-	Regular Shares

Frankfort Community Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$500	-	Dividend Checking

Frankfort Community Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	-	-	24 Month CD
1.50%	-	-	18 Month CD
1.25%	-	-	12 Month CD
0.50%	-	-	6 Month CD

Locations

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

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