Credit union · NCUA insured
Frankfort Community Federal Credit Union
A $18M credit union headquartered in Frankfort, MI, with 2,147 members and 1 branch in Michigan. Best rates: CDs 3.71% and savings 0.35% APY.
Frankfort Community Federal Credit Union Carrot Score
70
Carrot Score
Higher than 26% of U.S. banks and credit unions
#12 of 16 in Traverse City, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Frankfort Community Federal Credit Union
Founded in 1959, Frankfort Community Federal Credit Union is a member-owned, not-for-profit financial cooperative based on the guiding philosophy of \"People Helping People.\"
Headquartered in Frankfort, Michigan, the credit union serves the financial community and residents in Benzie County.
- Headquarters
- 921 Forest Ave, Frankfort, MI 49635
- NCUA charter
- 13355
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership extends to those who live in Benzie County.
- Membership extends to those who work in Benzie County.
- Membership extends to those who worship in Benzie County.
Family and household
- Membership extends to family members of existing members of the credit union.
Branches
1 branch in Michigan
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Michigan
1 branch
- Frankfort Community Federal Credit UnionMain office921 Forest Ave, Frankfort, MI 49635Directions
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 | 14.38% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 3.83% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 2.70% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $70 | $59 | — |
- CapitalNet worth ratio14.38%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late3.83%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets2.70%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$70Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Frankfort Community 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.