ST. FRANCIS X FEDERAL CREDIT UNION - Petoskey, MI

At St. Francis X Federal Credit Union, we believe in building a strong community and supporting our members' financial journeys. Established in 1951, our credit union has proudly served the residents of Petoskey, MI and surrounding areas from our welcoming branch located at 224 State St, Petoskey, MI 49770. With a membership of over 9,822 individuals, we are dedicated to providing personalized banking solutions that meet the unique needs of each member. As a trusted financial institution, we boast total assets of $239,657,051 and have facilitated over 4,382 loans to help our members achieve their goals. Our commitment to sound financial management is reflected in our net worth of $32,528,547 and cash reserves totaling $767,559. We understand that your financial success is vital, which is why we offer various services including checking and savings accounts, auto loans, mortgages, and business banking options. Our leadership team is here to guide you on your path to financial wellness. Under the stewardship of CEO Scott Bingaman and Board President Robinson Walker, we strive to foster an environment of trust and transparency. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to the same address: 224 State St., Petoskey, MI 49770. If you have any questions or need assistance with your finances, don't hesitate to reach out! You can contact us at 231-348-7690 or explore our offerings online at stfranciscu.org. Join us today and experience the difference that community-focused banking can make!

Welcome to St. Francis X, your friendly neighborhood credit union located right in the heart of Petoskey at 224 State St. We're easy to find, just a stone's throw away from local favorites like the charming Petoskey District Library and the vibrant downtown area, making it convenient for you to stop by while you're out and about. At St. Francis X, we pride ourselves on accessibility. Our branch is designed to welcome everyone, with ADA-compliant features and ramps for easy entry. Whether you prefer to walk in or use our drive-thru service, we've got you covered. Parking is ample and hassle-free, ensuring your visit is as smooth as possible. Our operating hours are designed with your busy schedule in mind. We're open Monday, Tuesday, and Thursday from 7:30 AM to 5:00 PM; Wednesday from 7:30 AM to 12:00 PM; Friday from 7:30 AM to 6:00 PM; and Saturday from 8:30 AM to 12:00 PM. This means you can pop in before work or during lunch breaks, making banking easier than ever. While members can visit us at our main branch address, official correspondence should be sent to the same location at 224 State St, Petoskey, MI 49770. For your convenience, we also offer an ATM on-site for quick withdrawals and balance checks. If you're looking for personal banking options like checking accounts or loans, our team is here to help every step of the way. We invite you to come visit us at St. Francis X Federal Credit Union! If you have any questions or need assistance, don't hesitate to give us a call at 231-348-7690. We look forward to seeing you soon!

Joining the St. Francis X community is a fantastic way to gain access to personalized financial services and a supportive network. To become a member of St. Francis X, you just need to meet a few simple eligibility requirements, which primarily include living, working, or worshipping in the local area. Whether you're looking for a checking account, auto loans, or other financial products, our doors are open to you! If you want to learn more about the specifics of membership eligibility, feel free to check out this resource: Eligibility Details. Once you've confirmed your eligibility, opening an account at St. Francis X is straightforward and welcoming. You can easily reach us at 231-348-7690 if you have any questions or need assistance with the process. We're here to help you every step of the way! Come visit us at 224 State St, Petoskey, MI 49770, and see how being a member can enhance your financial journey with us.

At St. Francis X, 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 are committed to maintaining strong financial health to provide you with the best possible service and support. With a net worth of $32,528,547, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.57% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $83,620,421 in share certificates and $14,544,811 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $32,528,547 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant; we have $1,008 in used auto loans and a total of $136,103,121 in loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is reflected in our $0 net income, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 24 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $1,357,507. Total Share and Deposit Accounts: 24,485, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, St. Francis X is your trusted partner. Visit us at 224 State St Petoskey Mi 49770 or call 231-348-7690 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.