|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Forest Area Federal Credit Union Rates & Review April 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: April 18, 2026
Forest Area Federal Credit Union's money market rates are at 0.15%. MonitorBankRates evaluates the financial stability of Forest Area Federal Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 8.84%. Rates were last updated on 04/18/2026. Forest Area Federal 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 Forest Area Federal Credit Union? Share your experience about Forest Area Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Forest Area Federal Credit Union. Forest Area Federal Credit Union
Main Office 6954 US Highway 131
https://www.forestarea.com Fife Lake, MI 49633 9765 
Forest Area Federal Credit Union Savings Rates
Forest Area Federal Credit Union Money Market Rates
Forest Area Federal Credit Union Checking Rates
Forest Area Federal Credit Union Credit Card Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Forest Area Federal 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 Forest Area Federal 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 Forest Area Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Forest Area Federal Credit Union
Website
https://www.forestarea.com
Address
6954 US Highway 131,
Fife Lake, MI 49633 9765
Phone
231-879-4154
Fax
President
Donald Crawford
CEO
Alex Lutke
Full-Time Employees
70
Part-Time Employees
1
Branch Locations
7
ATM Locations
7
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A (96/100)
Texas Ratio
8.84%
Return on Assets (ROA)
0.9426%
Return on Equity (ROE)
7.9207%
Non-Performing Loans Ratio (NPL)
1.66%
Total Assets
305,876,792
Total Amount of Shares and Deposits
269,063,915
Total Shares and Deposits < 1 Year
268,093,560
Total Shares and Deposits 1 3 Years
680,321
Total Shares and Deposits > 3 Years
290,033
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
17,171,919
Total Uninsured Shares and Deposits > $250K (F+J)
17,171,919
Total Insured Shares and Deposits > $250K (item 17 less item K)
251,891,996
Total Interest Expense (Sum of items 6 8)
3,199,073
Share Certificates
1,659
Number of Accounts for Share Drafts
12,406
IRA KEOGH Accounts
601
Number of Accounts for Regular Shares
30,578
All other shares
797
Money Market Shares
890
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
16,328,510
Total Liabilities
271,526,604
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Forest Area Federal Credit UnionIs Forest Area Federal Credit Union a safe place to deposit money?Yes, Forest Area Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 8.8433557095507%, 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 Forest Area Federal Credit Union operate?Forest Area Federal 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 Forest Area Federal Credit Union?Yes, to access services at Forest Area Federal 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, Forest Area Federal 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, Forest Area Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Forest Area Federal Credit Union offer online and mobile banking?Most modern institutions like Forest Area Federal 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.forestarea.com. Current Forest Area Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
Compare to Other Credit Unions
Vystar Credit Union
Louisiana Catholic Federal Credit Union
Phi Beta Sigma Federal Credit Union
Credit Union 1 Credit Union Rantoul, IL
Moonlight Credit Union
Linn-Co Federal Credit Union
NET
Northwoods Credit Union
PFD Firefighters Credit Union Inc
Springfield Firefighters Credit Union
Vue Community Credit Union
Alaska District Engineers Federal Credit Union
Ever $ Green Federal Credit Union
Marvel City Federal Credit Union
Cumberland County Federal Credit Union
Swindell Dressler Credit Union
St Louis Policemen`s Credit Union
Highway District 2 Credit Union
Southeastern Ohio Credit Union
USX
Members 1st of NJ Federal Credit Union
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
