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FOREST AREA FEDERAL CREDIT UNION

FOREST AREA FEDERAL CREDIT UNION
RSSD ID 820897 | CHARTER 24047
PO Box 118 Quarter Ended : 2026-03-31
Fife Lake, MI, 49633 Agency Update : 2026-04-28
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 : 21,325 Potential Members : 709,597
Full-time Employees : 69 Part-time Employees : 1

Financial Reports
Statement of Financial Condition Report
Statement of Income and Expense Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
Income Statement (ytd)
Total Assets317,942,431
Total Interest Income4,509,030
Total Liabilities 281,150,541
Total NonInterest Income1,249,922
Total Shares and Deposits278,734,618
Total Interest Expense999,822
Total Equity 39,011,554
Total NonInterest Expense3,216,005



PCA Net Worth
Loans & Leases
Total Net Worth39,129,217
Total Number11,397
Net Worth Ratio12.3
Total Amount 194,848,730
Net Worth ClassificationWell Capitalized
Total Delinquent(60+ Days) Number71


Total Delinquent(60+ Days) Amount2,858,748





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury