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 FOREST AREA FEDERAL CREDIT UNION
FOREST AREA FEDERAL CREDIT UNION
| RSSD ID 820897 | CHARTER 24047 |
| PO Box 118 |
Quarter Ended : |
2025-06-30 |
| Fife Lake, MI, 49633 |
Agency Update : |
2025-07-29 |
| http://www.forestarea.com |
| Institution Profile |
| Chartered : |
1983 |
Institution Type : |
Credit Union |
| Credit Union Type : |
Federal |
Federal Regulator : |
NCUA |
| Membership Type : |
Community - Rural District |
| Statistical Area (MSA) : |
Not Available |
|
| Number of Offices : |
0 |
| Current Members : |
20,599 |
Potential Members : |
699,013 |
| Full-time Employees : |
68 |
Part-time Employees : |
2 |
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| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 297,868,640 |
|
Total Interest Income | 8,445,036 |
| Total Liabilities | 265,130,948 |
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Total NonInterest Income | 2,336,815 |
| Total Shares and Deposits | 262,891,534 |
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Total Interest Expense | 2,111,391 |
| Total Equity | 35,051,596 |
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Total NonInterest Expense | 5,479,124 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 35,169,259 |
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Total Number | 11,534 |
| Net Worth Ratio | 11.8 |
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Total Amount | 190,331,646 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 81 |
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Total Delinquent(60+ Days) Amount | 3,087,617 |
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:· FOREST AREA FEDERAL CREDIT UNION
