Forest Area Credit Union Fife Lake MI | Affordable Auto Loans & Personal Banking

Introduction

Welcome to Forest Area, your trusted financial partner located at 638 Boyd St, Fife Lake, MI 49633. Since our establishment in 1983, we've been dedicated to serving our community with personalized banking solutions tailored to your needs. With a growing membership of 19,719 individuals and families, we take pride in being a cornerstone of financial support in the Fife Lake area. At Forest Area, we manage total assets of $272,504,142, demonstrating our commitment to stability and growth. Our members have entrusted us with $17,883,360 in deposits, allowing us to offer competitive loans totaling 11,632. We're here not just to provide services but to build lasting relationships that empower you financially. Our leadership team is committed to your success. Under the guidance of CEO Alex Lutke and Board President Lee Sandy, we strive to ensure that every member feels valued and supported. With a dedicated staff of 64 employees, we're always ready to assist you with everything from personal banking and auto loans to business financing options. While members can visit us at 638 Boyd St, official correspondence should be sent to our mailing address: PO Box 118, Fife Lake, MI 49633. We invite you to explore our comprehensive range of services through our website at forestarea.com or give us a call at 231-879-4154 for any inquiries. Join us today and experience the Forest Area difference a credit union where your financial well-being is our top priority!

Branch History & Mission

Our Mission

The mission of Forest Area is simple yet powerful: we aim to provide exceptional financial services while fostering a sense of community. We understand that each member has unique needs and goals. That's why we offer a variety of products including personal banking accounts, auto loans, mortgages, and credit cards with rewards tailored to fit those needs. But our commitment goes beyond just financial transactions. We believe in supporting our community through outreach programs and partnerships that uplift those around us. By focusing on service excellence and community involvement, we strive to make a real impact in the lives of our members. As we continue to advance with digital banking options such as online banking and mobile payments, we also ensure that accessibility remains at the forefront of our services. Our dedication to ADA compliance means that everyone can enjoy equal access to all of our facilities. While members can visit us at 638 Boyd St Fife Lake Mi 49633, official correspondence should be sent to PO Box 118, Fife Lake, MI 49633 if needed. Join us at Forest Area where your financial journey meets community spirit! We invite you to experience firsthand how we can help you achieve your financial goals while being part of something bigger a supportive network dedicated to making Fife Lake a better place for all. For more information or assistance, feel free to contact us at (231) 879-4154 or visit our website at forestarea.com.

Branch Location & Accessibility

Welcome to the Forest Area branch located at 638 Boyd St in beautiful Fife Lake, Michigan! Our branch is not just a place for banking; it's a community hub where you can access a variety of services tailored to your financial needs. Nestled in Kalkaska County, we're conveniently situated near local landmarks, making it easy for you to stop by whether you're running errands or enjoying a day out. At Forest Area, we prioritize accessibility for all our members. Our branch is designed with ADA compliance in mind, featuring ramps and other accommodations to ensure everyone can easily access our services. Plus, there's ample parking available right outside, so you won't have to worry about finding a spot during your visit. We understand that life can get busy, which is why we offer flexible operating hours. Our lobby is open from Monday through Thursday from 8:30 AM to 5:00 PM, and on Friday until 5:30 PM. For those who prefer drive-thru banking, we're here for you Saturday from 9:00 AM to 1:00 PM. Whether you're stopping by for a quick deposit or need help with more complex transactions, our friendly staff is ready to assist you. If you require specific services like ATM withdrawals or drive-thru transactions, rest assured that both options are available at our location. Additionally, as part of our commitment to serving you better, we offer shared services for members of partner credit unions making it even easier to manage your finances. While members can visit us at 638 Boyd St for all their banking needs, official correspondence should be sent to PO Box 118, Fife Lake, MI 49633 if necessary. Ready to experience the difference? Give us a call at 231-879-4154 or drop by today! We look forward to welcoming you into our community!

Member Eligibility

At Forest Area, we believe that joining our community should feel like becoming part of a family where everyone is valued and supported. If you're looking to become a member, you'll be glad to know that eligibility is open to individuals who live, work, or worship in the Fife Lake area, as well as their family members. This means that if you share our commitment to fostering financial growth and community spirit, you're already on your way to enjoying all the perks of membership. With personalized service and a range of financial products designed just for you, being part of Forest Area opens doors to better banking experiences. To make the process even easier, simply visit us at 638 Boyd St, Fife Lake, MI 49633, or give us a call at (231) 879-4154 for more information. You can also check out detailed eligibility criteria at . We're here to help guide you through opening your account and getting started on your journey with us!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $175 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $17 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $15,987,574, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Transactions

Imagine running your business without worrying about payment processing. Our merchant services streamline transactions, allowing you to focus on what matters most your customers. From point-of-sale systems to mobile payment options, we provide tools that make accepting payments easy and efficient. Visit us at 638 Boyd St Fife Lake Mi 49633, Fife Lake, MI or give us a call at (231) 879-4154 to learn more about how our business banking and commercial services can help your business flourish!

Comprehensive List Of Services

ATM and Drive-Thru Services

We also offer ATM and cash withdrawal services right here at our branch. Need quick access to cash? Our basic drive-thru banking allows you to make deposits and withdrawals without even leaving your car. Plus, if you're a member of a partner credit union, you can enjoy shared branch transactions as well. At Forest Area Credit Union, we're here for you every step of the way. Whether you're planning a big purchase or just need advice on saving strategies, don't hesitate to reach out! Call us today at 231-879-4154 or visit our website at forestarea.com to learn more about how we can assist you on your financial journey.

Business Banking Solutions

For small business owners, we offer comprehensive Business Banking services including merchant services and business loans designed to help you grow and succeed. You can focus on what you do best while we take care of the financial details.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking options. You can manage your accounts from anywhere at any time, making banking easy and accessible. With features like mobile payments and person-to-person transactions, handling your finances has never been simpler.

Personal Banking Services

We understand that managing your finances can sometimes feel overwhelming. That's why we offer Personal Banking services that include checking and savings accounts tailored to suit your lifestyle. Imagine having easy access to your money whenever you need it, whether it's for everyday purchases or saving up for a special occasion. If you're in the market for a new vehicle, our Auto Loans & Vehicle Financing make it simple to drive away in the car of your dreams without breaking the bank. We also provide flexible Mortgage Loans & Refinancing options, ensuring you find the right fit when purchasing or refinancing your home. In addition, our Personal Loans & Debt Consolidation services can help streamline your finances by consolidating multiple debts into one manageable payment. Plus, with our Credit Cards with Rewards, you can earn points on every purchase perfect for those who love to travel or shop.

Digital & Online Banking

Key Services

Our online banking service provides you with 24/7 access to your accounts, allowing you to check balances, pay bills, and transfer funds with just a few clicks. Whether you're at home or on the go, you'll have real-time control over your finances. Plus, our mobile application makes banking even more convenient. You can download it today and enjoy features like mobile payments and person-to-person transfers right from your smartphone.

Security and Convenience

Your security is our top priority. Our electronic signature authorization feature ensures that all transactions are safe and secure. You can also opt for e-statements, which not only help you stay organized but also reduce paper waste it's a win-win! With everything designed to be user-friendly, managing your money has never been easier. From setting up automatic payments to accessing financial statements at any time, we're here to support you every step of the way. Join us at Forest Area for a modern banking experience that prioritizes both convenience and security. Explore all our digital offerings today!

Financial Strength

A Committed Team

We also take pride in having 62 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our skilled staff is dedicated to helping you navigate your financial needs effectively.

Growing Together

Total Share and Deposit Accounts: 43,681, showing a strong and growing member base that trusts us with their finances. This trust fuels our ability to provide even better services tailored just for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Forest Area is your trusted partner. Visit us at 638 Boyd St Fife Lake Mi 49633 or call (231) 879-4154 to learn more about how we can help you achieve your financial goals.

Investing Back into the Community

With $32,843,840 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment reflects our dedication to improving your banking experience.

Member-Centric Resources

Members' savings are secured through $33,545,694 in share certificates and $45,613,702 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,047,432, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $33,082,733, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,213 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

Our lending capacity supports members' financial goals across various sectors with $3,369 in used auto loans and $188,312,662 in total loans and leases. This diverse range of offerings ensures that whether you're looking to buy a car or invest in a home, Forest Area has you covered.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $50,771,390 in used vehicle loans and $5,955,625 in new vehicle loans already helping members get on the road. Whether you're considering a new ride or a reliable used vehicle, our straightforward application process and competitive rates make it easier than ever.

Credit Lines and Other Financing Options

For those needing additional flexibility with their finances, our total credit lines amount to $35,411,372. This option can serve as a safety net for unexpected expenses or larger purchases that require more than traditional budgeting allows. If you are considering refinancing any existing loans or exploring eligibility options for our various products, please don't hesitate to ask our knowledgeable staff for assistance. We are here to help you find the best solutions tailored to your financial situation. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. At Forest Area Credit Union, we prioritize your financial well-being and strive to provide you with tools that empower your financial decisions. Come visit us today or check out our website at forestarea.com for more information on how we can support your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $20,073,457, making buying or refinancing simple. We're here to guide you through each step of the home financing process so you can focus on what matters most creating a space that feels like home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,985,288 in loans helping members manage their finances effectively. Enjoy the freedom of spending without collateral while benefiting from our competitive interest rates and manageable payment plans.

Loan Aggregator

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FOREST AREA FEDERAL CREDIT UNION