NORTHLAND AREA

Headquarters

PO BOX 519
Oscoda, MI 48750
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD 0.55% 1.10% →
2-Year CD 0.90% 1.15% →
5-Year CD 1.36% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Northland Area is an NCUA insured institution located in Oscoda, MI. It was founded in 1957 and has approximately $463.51 millions in assets.

Who can join?

Northland’s Field of Membership is as follows:
• Persons who live, work, worship, or attend school in and businesses and other legal entities in the following Michigan counties: Alcona, Crawford, Iosco, Oscoda, Ogemaw and Roscommon. Also the following townships located in Arenac County: Arenac, AuGres, Mason, Sims, Turner or Whitney.
• Spouses of persons who died while within the field of membership of this credit union
• Employees of this credit union
• Volunteers in the community
• Members of the immediate family and household
• Organizations of such persons

NCUA Insured Yes
Charter Number # # 11979
Date Established 1957
Assets $463.51 million
Loans $365.99 million
Deposits $383.63 million
Capital $46.42 million
 

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.

Deposit Rates - August 6, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.40% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
30 Mo CD
0.95% $10,000 $14,999 Learn More
30 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.10% $100,000 $199,999 Learn More
60 Mo CD
1.36% $10,000 $14,999 Learn More
60 Mo CD
1.36% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.00% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 6, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for NORTHLAND AREA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to NORTHLAND AREA
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Northland Area 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:
Fairfield,Connecticut


Northland Area Locations


Financial Details

Northland Area Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Northland Area. 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
Northland Area U.S. Average
4.51% 6.71

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 March 30, 2020, Northland Area had $2,143,661 in non-current loans and $166,325 in owned assets. To cover these potential losses it had $46,420,333 in net worth and $4,796,081 in loans loss reserves. That gives it a Texas Ratio of 4.51%.

Net Worth
Northland Area U.S. Average
10.01% 13.61%

Northland Area FCU has a net worth of 10.01% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Northland Area

Branches and Savings

What is Northland Area?

A federal credit union, registered with the NCUA under certificate #11979.
Learn more about credit unions here.

Is Northland Area FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Northland Area?

Please see Field of Membership information above for information on who is eligible to join.

What are Northland Area's share account and share certificate rates?

Northland Area's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Northland Area?

Northland Area has total capital of $46.42 million. Full information on Northland Area's financial position is located above.

Who owns Northland Area?

Credit Unions are owned by their members.

Where are Northland Area branches located?

See branch locations nearby.

Are Northland Area ATMs Open 24/7?

Do Northland Area ATMs accept cash deposits?

Can Northland Area customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Northland Area have a mobile app?

Does Northland Area have mobile deposit?

Does Northland Area have quick pay?

How can Northland Area transfer money to other banks or credit unions?

Does Northland Area report to credit bureaus?

Does Northland Area use Chexsystems?

Does Northland Area use Equifax?

What is Northland Area's toll free phone number?

What is Northland Area's ACH Routing Number?

What is Northland Area's SWIFT code?

Where can I find Northland Area's wire transfer form?

What is the Northland Area address for deposits?

What Products Does Northland Area Offer

Does Northland Area offer mortgages?

Compare mortgage rates here.

Does Northland Area offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Northland Area offer auto and RV loans?

Compare auto loan rates here.

Does Northland Area offer student loans or personal loans?

Compare personal loan rates here.

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