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Forest Area Federal Credit Union Rates & Review September 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
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  • Location-Based Rate Tables
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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.
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| iEditorial Disclosure
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 and Verified: September 21, 2026

Forest Area Federal Credit Union's money market rates are at 0.15%. Forest Area Federal Credit Union's Personal Loan Rates are as low as 10.00%. Forest Area Federal Credit Union's Credit Card Rates are at 9.90%. 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 6.93%. Rates last updated and verified on 09/21/2026.

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.

MonitorBankRates Verified Healthy Badge 2026 Verified Healthy 2026 Use This Badge on Your Credit Union Website
Overall Health & Safety Grade ?
A
Excellent Health Score: 97/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
6.93%
Excellent Higher than avg
Health Trend ?
Worsening 12 quarters
Full history ›
Forest Area Federal Credit Union
Main Office
6954 US Highway 131
Fife Lake, MI 49633-9765
https://www.forestarea.com
Member NCUA

Forest Area Federal Credit Union Savings Rates

Product Rate APY View More
Christmas Club - 0.35%
Min Deposit $10
Min Balance $10
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Money Market Rates

Product Rate APY View More
Money Market - 3.30%
Min Balance $100,000
Details Balance: $100,000 or more
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Money Market - 2.79%
Min Balance $25,000
Details Balance: $25,000-$99,999
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Money Market - 2.27%
Min Balance $2,500
Details Balance: $2,500-$24,999
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Money Market - 0.15%
Min Balance $0
Details Balance: $0.00 - $2,499
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Checking Rates

Product Rate APY View More
Superior Checking - 5.12%
Min Balance $0
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Auto Loan Rates

Product Rate Points APR Term View More
New Auto - - 4.99% 48 months
No additional details.
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
New Auto - - 5.19% 60 months
No additional details.
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
New Auto - - 5.59% 78 months
No additional details.
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Used Auto - - 5.64% 48 months
Details 2017-2021
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Used Auto - - 6.24% 60 months
Details 2017-2021
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Used Auto - - 7.09% 48 months
Details 2016 & Older
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union RV, Boat and Powersport Loan Rates

Product Rate APR Term View More
Titled Recreational Vehicles Loan - 6.00% 72 months
Details 120 months available for loan balances greater than $25,000 and 180 months available for loan balances greater than $50,000
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Credit Card Rates

Product Rate APR View More
Platinum Credit Card - 9.90%
Details Apply for our Cash Back Rewards Visa card with $0 balance-transfer fees and low 1.9% APR for 6 months.
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Personal Loan Rates

Product APR Term View More
Unsecured loans 10.00%
Details under $1,000
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Unsecured loans to $20,000 10.50%
Details $1,001
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%

Forest Area Federal Credit Union Other Rates

Product Rate Points APY/APR Term View More
Regular Shares - - 0.10%
Min Deposit $10
Min Balance $10
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Regular Shares - - 0.15%
Min Deposit $10
Min Balance $500
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Regular Shares - - 0.20%
Min Deposit $10
Min Balance $2,500
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Sub Shares - - 0.10%
Min Deposit $10
Min Balance $10
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Sub Shares - - 0.15%
Min Deposit $10
Min Balance $500
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Sub Shares - - 0.20%
Min Deposit $10
Min Balance $2,500
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Traditional IRA Shares - - 0.50%
Min Deposit $0
Min Balance $0
Last Updated 09/21/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
◈ Texas Ratio: 6.93%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.
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Financial Health History

Forest Area Federal Credit Union’s Texas Ratio rose from 3.83% in Q2 2023 to 6.93% in Q1 2026, so its financial health has weakened over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A+ to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 4.1% 2.0★ 8.3% 3.0★ 12.4% 4.0★ 16.5% 5.0★ 15% Verified Healthy limit – lower is healthier Healthy zone 3.83% A+ Q2 2023 A+ Q3 2023 A Q4 2023 A+ Q1 2024 A Q2 2024 A Q3 2024 A Q4 2024 A Q1 2025 A Q2 2025 A Q3 2025 A Q4 2025 6.93% A Q1 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
March 31, 2026$318M6.93%5.0A
December 31, 2025$310M6.92%5.0A
September 30, 2025$306M8.39%5.0A
June 30, 2025$298M8.33%5.0A
March 31, 2025$289M6.98%5.0A
December 31, 2024$275M9.91%5.0A
September 30, 2024$273M7.74%5.0A
June 30, 2024$263M9.09%5.0A
March 31, 2024$254M3.90%5.0A+
December 31, 2023$244M6.82%5.0A
September 30, 2023$238M5.80%5.0A+
June 30, 2023$236M3.83%5.0A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates 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 69
Part-Time Employees 1
Branch Locations 7
ATM Locations 7
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A (97/100)
Texas Ratio
6.93%
Return on Assets (ROA)
0.3423%
Return on Equity (ROE)
2.7810%
Non-Performing Loans Ratio (NPL)
1.47%
Total Assets
317,942,431
Total Amount of Shares and Deposits
278,734,618
Total Shares and Deposits < 1 Year
277,886,533
Total Shares and Deposits 1 3 Years
686,890
Total Shares and Deposits > 3 Years
161,195
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
19,735,731
Total Uninsured Shares and Deposits > $250K (F+J)
19,735,731
Total Insured Shares and Deposits > $250K (item 17 less item K)
258,998,887
Total Interest Expense (Sum of items 6 8)
999,822
Share Certificates
1,422
Number of Accounts for Share Drafts
12,815
IRA KEOGH Accounts
596
Number of Accounts for Regular Shares
31,371
All other shares
851
Money Market Shares
983
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
22,291,128
Total Liabilities
281,150,541
Source: NCUA — Last Updated 03/31/2026
MonitorBankRates Verified Healthy Badge 2026
2026 MBR Health & Safety Badge

Forest Area Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

<a href="https://monitorbankrates.com/credit-unions/forest-area-federal-credit-union-rates-review-24047">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for Forest Area Federal Credit Union yet. Feel free to create one below.
Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.
Average Rating
☆☆☆☆☆
Total Reviews
0
Add Your Rating and Review for Forest Area Federal Credit Union
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Frequently Asked Questions About Forest Area Federal Credit Union

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

  • MMA0.15%
Retrieved from our database of financial products. Rates subject to change.

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