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 STRAITS AREA FEDERAL CREDIT UNION
STRAITS AREA FEDERAL CREDIT UNION
| RSSD ID 294087 | CHARTER 7428 |
| PO Box 367 |
Quarter Ended : |
2025-06-30 |
| Cheboygan, MI, 49721 |
Agency Update : |
2025-07-26 |
| http://www.mi-safcu.org |
| Institution Profile |
| Chartered : |
1951 |
Institution Type : |
Credit Union |
| Credit Union Type : |
Federal |
Federal Regulator : |
NCUA |
| Membership Type : |
Community credit union |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
12,034 |
Potential Members : |
110,000 |
| Full-time Employees : |
32 |
Part-time Employees : |
0 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 125,292,877 |
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Total Interest Income | 2,889,617 |
| Total Liabilities | 111,984,895 |
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Total NonInterest Income | 799,423 |
| Total Shares and Deposits | 110,248,044 |
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Total Interest Expense | 489,926 |
| Total Equity | 13,733,905 |
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Total NonInterest Expense | 2,527,476 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 13,762,149 |
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Total Number | 6,273 |
| Net Worth Ratio | 10.98 |
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Total Amount | 51,955,685 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 81 |
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Total Delinquent(60+ Days) Amount | 1,114,813 |
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:· STRAITS AREA FEDERAL CREDIT UNION
