Northland Area Federal Credit Union

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A short history of Northland Area FCU

Since its inception in 1957 the Northland Area Federal Credit Union has been serving its members in the OSCODA, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Pete Dzuris, the Northland Area FCU has grown its membership to over 44,128 with assets of more than $356,034,198. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (989) 739-1401 or email them at nafcu@northlandcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OSCODA, MI.

General Information For Northland Area FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 11979
Address PO BOX 519 
City OSCODA 
State Michigan 
Zip-Code 48750
Phone Number (989) 739-1401
Fax Number (989) 739-0420
Email Address: nafcu@northlandcu.com
CEO/President Pete Dzuris
Members 44,128 
Full-Time Employees 115 
Part-Time Employees 32 
Number of Branch Offices 14 
Total Assets 356,034,198 
Website http://www.northlandcu.com 

Compare Northland Area Federal Credit Union To Other Local Credit Unions


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Northland Area Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Northland Area Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.99 2.99 5.25 5.00 3.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 145 356 268 99
Rank Among All Michigan Credit Unions 25 40 89 78 14

Northland Area Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.10 0.40 0.90
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 134 284 171
Rank Among All Michigan Credit Unions N/A 16 30 64 30
Northland Area Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9905,81210,977,898
All Other Unsecured Loans/Lines of Credit 10.2507,40411,116,335
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.99069313,696,829
Used Vehicle Loans 5.2504,11236,740,204
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.0002,708162,876,756
Total Other Real Estate Loans/Lines of Credit 3.9903947,371,953
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.3901,90829,618,503
TOTAL LOANS & LEASES 23,031272,398,478

Northland Area Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 49933,667,374241,979,575
    b. 15 Years or less 27012,709,712201,591,500
Balloon/Hybrid
    a. > 15 years 747,608,93872,003,258
    b. 15 Years or less 25231,370,413476,555,180
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1333,630,26900
Adjustable Rate > 1 yr 1,48073,890,05017911,258,965

OTHER REAL ESTATE

Closed-End Fixed Rate 211,168,6886447,300
Closed-End Adjustable Rate 644,86100
Open-End Adjustable Rate 3676,158,404651,686,777
Open-End Fixed Rate 0000
TOTALS 3,102170,248,70934825,522,555

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 351,628,242653,800
Interest Only & Payment Option Other RE/LOC Loans 191,188,653149,957
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Northland Area Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes