Credit union · NCUA insured
Forest Area Federal Credit Union
Top CarrotA $317.9M credit union headquartered in Fife Lake, MI, with 21,325 members and 7 branches in Michigan. Best rates: CDs 4.10% and savings 2.27% APY.
Forest Area Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 79% of U.S. banks and credit unions
#1 of 5 in Cadillac, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Forest Area Federal Credit Union
- Headquarters
- 6954 US Highway 131, Fife Lake, MI 49633-9765
- NCUA charter
- 24047
Branches
7 branches in Michigan
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Michigan
7 branches
Cadillac area · 4
- Cadillac9100 E 34 Rd, Cadillac, MI 49601Directions
- Lake City101 N Main St, Lake City, MI 49651Directions
- Manton314 W Main St, Manton, MI 49663Directions
- Mesick101 Mesick Ave, Mesick, MI 49668Directions
Traverse City area · 3
- Fife Lake638 Boyd St, Fife Lake, MI 49633Directions
- Kalkaska409 W Mile Rd NW, Kalkaska, MI 49646Directions
- Kingsley6966 Cougar Trl, Kingsley, MI 49649Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.76% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.92% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.71% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $71 | $76 | — |
- CapitalNet worth ratio12.76%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.92%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.71%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$71Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Forest Area Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.