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STRAITS AREA FEDERAL CREDIT UNION
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STRAITS AREA FEDERAL CREDIT UNION
| RSSD ID 294087 | CHARTER 7428 |
| PO Box 367 |
Quarter Ended : |
2026-03-31 |
| Cheboygan, MI, 49721 |
Agency Update : |
2026-04-28 |
| 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 : |
12,057 |
Potential Members : |
110,000 |
| Full-time Employees : |
29 |
Part-time Employees : |
0 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 130,503,663 |
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Total Interest Income | 1,590,868 |
| Total Liabilities | 115,663,239 |
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Total NonInterest Income | 407,653 |
| Total Shares and Deposits | 114,126,993 |
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Total Interest Expense | 182,990 |
| Total Equity | 15,013,925 |
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Total NonInterest Expense | 1,420,985 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 15,013,925 |
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Total Number | 6,221 |
| Net Worth Ratio | 11.5 |
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Total Amount | 52,518,552 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 81 |
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Total Delinquent(60+ Days) Amount | 1,280,144 |
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