Northland Area Federal Credit Union
Northland Area Federal Credit Union is headquartered in Alpena and is the 36th largest credit union in the state of Michigan. It is also the 629th largest credit union in the nation. It was established in 1957 and as of March of 2025, it had grown to 142 employees and 45,745 members at 17 locations. Northland Area Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Northland Area Federal Credit Union is open to those who who live, work, worship, or attend school in, and businesses and other legal entities located in the Michigan counties of Alcona, Alpena, Antrim, Arenac, Benzie, Charlevoix, Cheboygan, Clare, Crawford, Emmet, Gladwin, Grand Traverse, Iosco, Kalkaska, Lake, Leelanau, Manistee, Mason, Missaukee, Montmorency, Ogemaw, Osceola, Oscoda, Otsego, Presque Isle, Roscommon, or Wexford.
See current membership details
NAFCU "Northland Gaylord Branch"
Absolutely the best Credit Union/ Financial Institution hands down. I have had several Auto Loans as well as a Personal Loan and VISA and in my opinion, they have some of the best rates as well as the some of the friendliness / knowledgeable staff in the industry.
I have also been too the Grayling branch and they with addition to Gaylord and the Call Center are absolutely remarkable and I will Remain a member of this Institution indefinitely.
Overall Great Credit Union
I have had several loans with Northland and the rates are very competitive. The level of service depends on which branch you go to. Mio, Hale, West Branch II are the best in my opinion for the ones that I have visited. Employees are nice and treat you like a friend.
Northland Bank In Hale
Bad manager , i went to northland bank drive thru trying to cash cashier check, i got day before from another bank when i closed my account, the manager didnt even bother calling other bank to verify the check, and i have account with northland, no sorry we cant cash check cause not sure of the amount. i told her to call other bank to verify and she said that not her job, if you want to deposit it, deposit it, but wouldnt cash it. seriously is this how you do business, lazy manager.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11979 |
| Year Chartered | 1957 |
| Employees | 142 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 8.94% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $675.1MM$673.6MM |
| Loans | Q1 2025vs Q1 2024 | $435.8MM$427.7MM |
| Deposits | Q1 2025vs Q1 2024 | $602.9MM$593MM |
| Equity Capital | Q1 2025vs Q1 2024 | $42.4MM$33.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.9MM$4.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3MM$1.6MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $130K$0 |
