Northland Area Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

PO Box 519, Oscoda, MI 48750

Website

(989) 739-1401

Data Source: NCUA, December 31, 2016


Northland Area Federal Credit Union was founded in 1957. Headquartered in Oscoda, Michigan, Northland Area Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Northland Area Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Northland Area Federal Credit Union services 43,221 members through its 14 offices and branches and 110 full-time and 36 part-time employees. It has $338,963,706 of total assets and $36,334,797 of net worth. Based on its asset size and net worth ratio, Northland Area Federal Credit Union is classified as a Well Capitalized medium large credit union.

Northland Area Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Northland Area Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Northland Area Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Michigan
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.1000
0.1000
0.1200
Money Market
0.1000
0.2500
0.2500
Certificate Deplit
0.4000
0.6000
0.5800
IRA
0.9000
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Credit Cards
8.9900
9.9600
9.9900
Unsecured Line of Credits
6.9900
11.0000
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
n/a
6.2300
6.0200
New Car Loans
1.9900
2.9900
3.3300
Used Car Loans
5.2500
3.9900
4.5000
1st Mortgage Real Estates
4.2500
4.2500
4.2500
Other Real Estates
2.4900
4.5000
4.7000

Northland Area Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Northland Area Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
No
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
No
View Account History
Yes
No

As a community financial institution, Northland Area Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
Yes
Augres
317 N Huron Rd
Au Gres, MI 48703
Phone:989-876-2889

Fairview Branch
2049 E Miller Rd
Fairview, MI 48621
Phone:989-848-5481

Gaylord Branch
1371 W Main St
Gaylord, MI 49735-7401
Phone:989-705-7752

Glennie Branch
3358 State Rd
Glennie, MI 48737
Phone:989-735-3667

Grayling Branch
2405 S I 75 Business Loop
Grayling, MI 49738
Phone:989-348-5228

Hale Branch
220 S Washington St
Hale, MI 48739
Phone:989-728-7081

Harrisville Branch
410 E Main St
Harrisville, MI 48740
Phone:989-724-9399

Houghton Lake
2285 W Houghton Lake Dr
Houghton Lake, MI 48629
Phone:989-366-4875

Mio Branch
208 N Morenci Ave
Mio, MI 48647
Phone:989-826-3508

Oscoda Branch
Main Office

4346 F 41
Oscoda, MI 48750
Phone:989-739-1401

Skidway Branch
1927 Greenwood Rd
Prescott, MI 48756
Phone:989-873-4635

Tawas Branch
201 E M 55
Tawas City, MI 48763
Phone:989-362-3811

West Branch
2170 S M 76
West Branch, MI 48661
Phone:989-345-0179

West Branch Ii
3177 W M 76
West Branch, MI 48661
Phone:989-345-2675

(989) 739-0420

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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