2024 Overview
General Credit Union Information
4front is an NCUA insured institution located in Traverse City, MI. It was founded in 1954 and has approximately $1086.82 millions in assets.
Who can join?
Members Credit Union offers membership to the following:
• Individuals who reside in the Michigan counties of Antrim, Benzie, Kalkaska, Grand Traverse, Leelanau, or Manistee.
• Individuals who work or work for an employer in the Michigan counties of Antrim, Benzie, Kalkaska, Grand Traverse, Leelanau, or Manistee.
• Individuals who worship in the Michigan counties of Antrim, Benzie, Kalkaska, Grand Traverse, Leelanau, or Manistee.
• Individuals who are enrolled in grades K-12 in the Michigan counties of Antrim, Benzie, Kalkaska, Grand Traverse, Leelanau, or Manistee.
• Individuals who receive a retirement annuity, pension, social security, or similar retirement payment from a private or government source; and reside in, or belong to a retirement organization located in the Michigan counties of Antrim, Benzie, Kalkaska, Grand Traverse, Leelanau, Manistee, Wexford, or Missaukee. The credit union's main office is located in Grand Traverse County therefore retired individuals in the contiguous counties of Wexford and Missaukee are eligible for membership.
• Employees of this credit union.
• Members of the Sheffer Collet/ITW Employees Federal Credit Union merger of record as of the date of December 1, 2008.
• Immediate family of the members outlined above.
• Organizations, incorporated or otherwise, composed for the most part of the same general group making up the membership of the credit union as outlined above.
• A spouse of a deceased member if elected to membership prior to remarriage.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 61365 |
| Date Established | 1954 |
| Assets | $1,086.82 million |
| Loans | $781.68 million |
| Deposits | $996.51 million |
| Capital | $96.94 million |
Field of Membership Restrictions
Membership requirements for 4 Front CU are simply that you or one of your family members either reside, hold employment, or conduct business inside of Michigan State in order to be considered eligible.
Deposit Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.05% | $1 | - |
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|
|
Money Market
|
0.10% | $1,000 | $9,999 |
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|
|
Money Market
|
0.15% | $10,000 | $24,999 |
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|
|
Money Market
|
0.15% | $25,000 | $49,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.15% | $1,000 | - |
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|
| 12 Mo CD
|
0.50% | $1,000 | $99,999 |
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|
| 12 Mo CD
|
0.65% | $100,000 | - |
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|
| 18 Mo CD
|
0.50% | $1,000 | $99,999 |
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|
| 18 Mo CD
|
0.65% | $100,000 | - |
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|
| 24 Mo CD
|
0.75% | $1,000 | $99,999 |
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|
| 24 Mo CD
|
0.90% | $100,000 | - |
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|
| 30 Mo CD
|
0.75% | $1,000 | $99,999 |
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|
| 30 Mo CD
|
0.90% | $100,000 | - |
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|
| 36 Mo CD
|
0.85% | $1,000 | $99,999 |
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|
| 36 Mo CD
|
1.00% | $100,000 | - |
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|
| 48 Mo CD
|
1.00% | $1,000 | $99,999 |
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|
| 48 Mo CD
|
1.16% | $100,000 | - |
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|
| 60 Mo CD
|
1.26% | $1,000 | $99,999 |
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|
| 60 Mo CD
|
1.41% | $100,000 | - |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.25% | $1 | - | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $1,000 | $9,999 | Learn More |
Loan Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for 4front
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1835285 |
6.710% | 6.625% | 0.88 | $2,806 | $2,049 | Learn More |
NMLS ID: 2059741 |
7.018% | 6.875% | 0.88 | $4,672 | $2,103 | Learn More |
NMLS ID: 3030 |
7.476% | 7.375% | 1.00 | $3,200 | $2,211 | Learn More |
NMLS ID: Not a Lender |
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Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to 4front
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Branches
Below are 4front branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
4FRONT is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
4front Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of 4front. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| 4front | U.S. Average |
|---|---|
| 13.60% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, 4front had $13,372,029 in non-current loans and $129,118 in owned assets. To cover these potential losses it had $96,942,613 in net worth and $2,355,262 in loans loss reserves. That gives it a Texas Ratio of 13.60%.
Net Worth
| 4front | U.S. Average |
|---|---|
| 9.14% | 13.62% |
4front FCU has a net worth of 9.14% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for 4front
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