Featured Savings Rates
Featured Accounts

Northland Area Federal Credit Union

Popular Accounts at this Credit Union

1.60%5-year CD5 Year Regular CD Non-Compound
0.40%1-year CD1 Year Regular CD Non-Compound
0.10%SavingsName it Yourself

Overview / Commentary
4346 F 41
Oscoda, MI 48750

Northland Area Federal Credit Union is headquartered in Oscoda and is the 40th largest credit union in the state of Michigan. It is also the 686th largest credit union in the nation. It was established in 1957 and as of June of 2017, it had grown to 115 employees and 44,128 members at 14 locations. Northland Area Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who who live, work, worship, or attend school in and businesses and other legal entities located in Alcona, Alpena, Arenac, Crawford, Iosco, Montmorency, Ogemaw, Oscoda, Otsego or Roscommon Counties in Michigan.
See current membership details

Reviews (2)

Love them

Posted by: kerisalas | Jun 16, 2017

This CU serves my local fairly rural community in Northern Michigan. What I like best about it is the small town feel and that I am generally recognized when I go in. The employees there are genuinely friendly and helpful... without feeling manipulative. We often engage in local related conversation while doing business. I have had a few typical problems (not getting ATM card in mail, etc) and my problems have always been satisfactorily addressed. The website is user friendly without being excessively busy. I have had no security concerns, and almost always do not have a lengthy wait in line. I have never experienced any banking errors at this credit union, and the services they offer work just fine for me. I also have a better interest rate on my savings account than at a downstate bank with which I also maintain an account.


This CU is the worst financial institute I have ever had to deal with. I have been a member of NAFCU since they merged with Ogemaw County Credit Union in 1995. I was a member of OCCU since 1989. With this said, I have never been approved for a loan without a co-signer. Every loan I have had here has been paid in full and never late. The employees do not treat me with the respect I have become used to at the other 3 banks I deal with, on a personal and professional level. So save your time and energy, go to a bank.


Health Grade Components

NCUA #11979
Year Chartered1957
Primary Regulator
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD7.74%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$356.0MM$331.2MM
LoansQ2 2017vs Q2 2016$272.4MM$237.4MM
DepositsQ2 2017vs Q2 2016$312.4MM$289.8MM
Equity CapitalQ2 2017vs Q2 2016$37.8MM$36.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$4.2MM$3.6MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.1MM$1.4MM
Real Estate OwnedQ2 2017vs Q2 2016$298.00K$329.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Northland Area Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northland Area Federal Credit Union Savings Account Rates

0.90%--Traditional IRA
0.90%--Roth IRA
0.90%--Educational IRA
0.10%--Share Savings
0.10%--Name it Yourself

Northland Area Federal Credit Union Money Market Rates

0.30%*$50k*-Money Market Accounts
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k

Northland Area Federal Credit Union CD Rates

1.60%$500-5 Year Regular CD
1.60%$500-5 Year Regular CD Non-Compound
1.51%$500-30 Month Regular CD
1.50%$500-30 Month Regular CD Non-Compound
1.21%$500-4 Year Regular CD
1.20%$500-4 Year Regular CD Non-Compound
0.90%$500-3 Year Regular CD
0.90%$500-3 Year Regular CD Non-Compound
0.60%$500-18 Month Regular CD
0.60%$50k-2 Year Jumbo CD
0.60%$500-18 Month Regular CD Non-Compound
0.55%$50k-12 Month Jumbo CD
0.50%$500-2 Year Plus CD
0.50%$500-2 Year Regular CD Non-Compound
0.40%$500-1 Year Plus CD
0.40%$50k-9 Month Jumbo CD
0.40%$500-1 Year Regular CD Non-Compound
0.30%$500-9 Month Regular CD
0.30%$500-9 Month Regular CD Non-Compound
0.20%$500-6 Month Regular CD
0.20%$50k-6 Month Jumbo CD
0.20%$500-6 Month Regular CD Non-Compound
0.10%$500-3 Month Regular CD
0.10%$20k-3 Month Jumbo CD
0.10%$10k-1 Month Jumbo CD
0.10%$500-3 Month Regular CD Non-Compound

Northland Area Federal Credit Union IRA Rates

1.60%$500-5 Year IRA
1.51%$500-30 Month IRA
1.21%$500-4 Year IRA
0.90%$500-3 Year IRA
0.60%$500-18 Month IRA
0.50%$500-2 Year Plus IRA
0.40%$500-1 Year Plus IRA
0.30%$500-9 Month IRA
0.20%$500-6 Month IRA
0.10%$500-3 Month IRA