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iAdvertiser Disclosure
Advertiser Disclosure
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 First Area Credit Union Rates & Review March 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: March 26, 2026
First Area Credit Union's CD 60 Month Term rates are at 4.00%, CD 12 Month Term rates are at 3.75%, CD 48 Month Term rates are at 3.75%, CD 24 Month Term rates are at 3.50%, CD 36 Month Term rates are at 3.50%. First Area Credit Union's savings rates are at 0.05%. First Area Credit Union's money market rates are at 2.00%. First Area Credit Union's 30 Year Fixed Conventional FNMA rates are at 6.00%, 15 Year Fixed Conventional FNMA rates are at 5.88%, 20 Year Fixed Conventional FNMA rates are at 6.12%, 10 Year Fixed Conventional FNMA rates are at 6.12%. MonitorBankRates evaluates the financial stability of First Area Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 6.42%. Rates were last updated on 03/26/2026. First Area Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at First Area Credit Union? Share your experience about First Area Credit Union by leaving a review below, or read customer reviews before you decide to use First Area Credit Union. 
First Area Credit Union CD Rates
First Area Credit Union Savings Rates
First Area Credit Union Money Market Rates
First Area Credit Union Mortgage Rates
First Area Credit Union Credit Card Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for First Area Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather First Area Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with First Area Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
First Area Credit Union
Website
https://www.firstareacu.com
Address
193 Campbell Ln,
Saginaw, MI 48609
Phone
989-781-1430
Fax
989-781-5202
President
James Theisen JR
CEO
Lynn Mccoy
Full-Time Employees
6
Part-Time Employees
2
Branch Locations
2
ATM Locations
2
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A (97/100)
Texas Ratio
6.42%
Return on Assets (ROA)
0.3298%
Return on Equity (ROE)
3.0893%
Non-Performing Loans Ratio (NPL)
1.44%
Total Assets
37,317,870
Total Amount of Shares and Deposits
34,246,913
Total Shares and Deposits < 1 Year
32,930,764
Total Shares and Deposits 1 3 Years
764,902
Total Shares and Deposits > 3 Years
551,247
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
887,311
Total Uninsured Shares and Deposits > $250K (F+J)
887,311
Total Insured Shares and Deposits > $250K (item 17 less item K)
33,359,602
Total Interest Expense (Sum of items 6 8)
229,011
Share Certificates
438
Number of Accounts for Share Drafts
1,491
Number of Accounts for Regular Shares
3,415
Money Market Shares
54
Net Income (unless the amount is already included in Undivided Earnings)
123,065
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
2,858,661
Total Liabilities
34,271,231
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About First Area Credit UnionIs First Area Credit Union a safe place to deposit money?Yes, First Area Credit Union is considered a safe financial institution. With a Texas Ratio of 6.4166200377199%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does First Area Credit Union operate?First Area Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join First Area Credit Union?Yes, to access services at First Area Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, First Area Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, First Area Credit Union provides members with tools to manage their accounts and build a solid financial history. Does First Area Credit Union offer online and mobile banking?Most modern institutions like First Area Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstareacu.com. Current First Area Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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