St. Francis X. Federal Credit Union
Overview / Commentary
St. Francis X. Federal Credit Union is headquartered in Petoskey and is the 69th largest credit union in the state of Michigan. It is also the 1,151st largest credit union in the nation. It was established in 1951 and as of September of 2024, it had grown to 24 employees and 9,822 members at 4 locations. St. Francis X. Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
St. Francis X Federal Credit Union is open to anyone who lives, works, worships, regularly conducts business, or attends school in the Minnesota counites of Charlevoix, Cheboygan or Emmet.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7219 |
| Year Chartered | 1951 |
| Employees | 24 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 5.69% |
| Annual Interest Income | $6.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $239.7MM$226.2MM |
| Loans | Q3 2024vs Q3 2023 | $136.1MM$135.8MM |
| Deposits | Q3 2024vs Q3 2023 | $206.8MM$195.3MM |
| Equity Capital | Q3 2024vs Q3 2023 | $32.5MM$30.6MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $566K$584K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $308K$92K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |