TellerScore

Forest Area Federal Credit Union is a federal credit union headquartered in Fife Lake, Michigan, in business for about 43 years. At the end of Q2 2026 it reported $318.3M in total assets and $277.8M in member shares and deposits, with 8 offices.

Forest Area Federal Credit Union has a TellerScore of 71 out of 100 (strong) based on Q2 2026 data — higher than 54% of its 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 93rd. Funding & liquidity contributes the most (89/100, 71% loans-to-deposits, 4% uninsured); loan quality contributes the least (36/100, 1.92%).

TellerScore · Q2 2026

Scorecard

Capital cushion78/100
Net worth ratio: 12.76%
Loan quality36/100
Loans 60+ days delinquent ÷ total loans: 1.92%
Earnings87/100
Return on assets (annualized): 1.69%
Funding & liquidity89/100
Loans ÷ shares: 71.5% · 3.5% uninsured
Problem-loan coverage81/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 9.36%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 5 points (66 → 71), mostly because the earnings component improved by 23 points.

TellerScore
667073Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202473
Q4 202467
Q1 202571
Q2 202566
Q3 202567
Q4 202572
Q1 202672
Q2 202671
Net worth ratio
7.00%9.88%12.76%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202412.15%
Q3 202412.13%
Q4 202412.23%
Q1 202511.96%
Q2 202511.80%
Q3 202511.90%
Q4 202512.28%
Q1 202612.30%
Q2 202612.76%
Delinquent loans (60+ days)
1.36%1.64%1.92%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20241.63%
Q3 20241.42%
Q4 20241.86%
Q1 20251.36%
Q2 20251.62%
Q3 20251.66%
Q4 20251.41%
Q1 20261.47%
Q2 20261.92%
Return on assets
1.11%1.48%1.85%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.85%
Q3 20241.75%
Q4 20241.51%
Q1 20251.35%
Q2 20251.11%
Q3 20251.26%
Q4 20251.46%
Q1 20261.37%
Q2 20261.69%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202671$318.3M12.76%1.92%1.69%71.5%
Q1 202672$317.9M12.30%1.47%1.37%69.9%
Q4 202572$309.6M12.28%1.41%1.46%72.6%
Q3 202567$305.9M11.90%1.66%1.26%72.0%
Q2 202566$297.9M11.80%1.62%1.11%72.4%
Q1 202571$289.1M11.96%1.36%1.35%73.2%
Q4 202467$274.8M12.23%1.86%1.51%77.9%
Q3 202473$272.5M12.13%1.42%1.75%78.7%
Q2 202472$262.6M12.15%1.63%1.85%79.7%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio12.76%
67th
Problem loans1.92%
7th
Net charge-offs0.97%
11th
Return on assets1.69%
93rd
Loans to deposits71.5%
58th
Uninsured deposits3.5%
77th
Loan-loss reserves0.00%
50th
Texas ratio9.4%
15th

Similar-size credit unions in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Preferred Credit UnionCredit union Grand Rapids, MI87 out of 100, Very strong$318.1M14.3%0.37%vs
Soo Co-Op Credit UnionCredit union Sault Sainte Ma, MI88 out of 100, Very strong$324.4M13.7%0.32%vs
United Bay Community Credit UnionCredit union Bay City, MI55 out of 100, Moderate$301.7M7.5%0.60%vs
Kalsee Credit UnionCredit union Kalamazoo, MI70 out of 100, Strong$291.5M10.6%0.31%vs
Extra Credit UnionCredit union Warren, MI79 out of 100, Strong$345.4M17.5%1.56%vs
Michigan United Credit UnionCredit union Auburn Hills, MI76 out of 100, Strong$349.3M12.0%0.10%vs

Deposit insurance

Is my money safe at Forest Area Federal Credit Union?

Yes. Forest Area Federal Credit Union is a federally insured credit union (NCUA charter #24047). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 3.5% of shares and deposits ($9.8M) are above the $250,000 NCUA insurance limit, below the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 12.76%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

8 locations

Branches

Forest Area Federal Credit Union lists 8 offices in 7 cities. Most locations:

  • Fife Lake, MI (2)
  • Cadillac, MI (1)
  • Kalkaska, MI (1)
  • Kingsley, MI (1)
  • Lake City, MI (1)
  • Manton, MI (1)
  • Mesick, MI (1)

All branch addresses and map

Identity & history

Profile

Legal name
Forest Area Federal Credit Union
Type
Federal credit union
NCUA charter #
24047
RSSD ID
820897
Primary regulator
NCUA
Established
1983
Headquarters
PO Box 118, Fife Lake, MI 49633
Employees
68

Quick answers

Forest Area Federal Credit Union: common questions

Is Forest Area Federal Credit Union NCUA insured?

Yes. Forest Area Federal Credit Union is a federally insured credit union (NCUA charter #24047). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Forest Area Federal Credit Union's TellerScore?

71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Forest Area Federal Credit Union have?

8 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Fife Lake

InstitutionScoreAssetsCapitalProblem loansCompare
Tba Credit UnionCredit union Traverse City, MI86 out of 100, Very strong$389.9M14.8%0.42%vs
Northwest Consumers Federal Credit UnionCredit union Traverse City, MI77 out of 100, Strong$25.1M19.5%1.88%vs
Mercantile BankBank Grand Rapids, MI73 out of 100, Strong$6.2B11.6%0.10%vs
Horizon BankBank Michigan City, IN72 out of 100, Strong$6.5B10.5%0.70%vs
Northland Area Federal Credit UnionCredit union Alpena, MI65 out of 100, Moderate$714.4M10.3%0.88%vs
Fifth Third Bank, National AssociationBank Cincinnati, OH62 out of 100, Moderate$299.2B10.0%0.84%vs