At Northland Area, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that your trust is earned through consistent performance and transparency, which is why we're proud to share our financial strength with you. With a
net worth of $66,261,466, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation ensures that your deposits are safe and sound with us. Our
net worth ratio of $996 demonstrates a robust capital position, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio reflects our commitment to maintaining the highest standards of financial integrity. Members' savings are secured through
$112,459,406 in share certificates and
$123,775,518 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$10,317,045, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Additionally, with
$59,049,862 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors, as evidenced by our
$4,768 in used auto loans and
$426,342,051 in total loans and leases. Our operational efficiency shines through in our
$2,377,737, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
144 full-time employees and
4 part-time employees who are dedicated to providing excellent service to you. With net shares (funds available for lending and investments) at
$1,114,341, along with a growing member base reflected in our
103,946, it's clear that more people trust us with their finances every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Northland Area is your trusted partner. Visit us at 1371 W Main St Gaylord Mi 49735 or call (989) 705-7752 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results.
