PO BOX 519
Oscoda, MI 48750


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 11979
Date Established 1957
Assets $432.46 million
Loans $352.06 million
Deposits $369.63 million
Capital $44.30 million

Northland Area is an NCUA insured institution located in Oscoda, MI. It was founded in 1957 and has approximately $432.46 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

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 - October 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $1 $4,999 Learn MoreShow Less
Money Market
0.40% $10,000 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 - Learn MoreShow Less
Fixed IRA
0.60% $500 $49,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $500 $19,999 Learn MoreShow Less
3 Mo CD
0.15% $20,000 - Learn MoreShow Less
6 Mo CD
0.20% $500 $49,999 Learn MoreShow Less
6 Mo CD
0.25% $50,000 - Learn MoreShow Less
12 Mo CD
0.60% $500 $49,999 Learn MoreShow Less
12 Mo CD
0.65% $50,000 - Learn MoreShow Less
18 Mo CD
1.86% $500 - Learn MoreShow Less
24 Mo CD
0.95% $500 - Learn MoreShow Less
30 Mo CD
2.02% $500 - Learn MoreShow Less
36 Mo CD
1.10% $500 - Learn MoreShow Less
48 Mo CD
1.51% $500 - Learn MoreShow Less
60 Mo CD
2.83% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.05% $5 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.00% $1,500 $9,999 Learn MoreShow Less

Loan Rates - October 16, 2019

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
First Internet Bank
NMLS ID: 424182
3.660% 3.625% 0.38 $1,090 $1,141 Learn More
Hamilton National Mortgage Co.
NMLS ID: 122701
3.662% 3.625% 0.50 $1,150 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

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


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:

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
3.39% 5.86

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 June 30, 2019, Northland Area had $1,400,720 in non-current loans and $256,500 in owned assets. To cover these potential losses it had $44,299,553 in net worth and $4,562,391 in loans loss reserves. That gives it a Texas Ratio of 3.39%.

Net Worth
Northland Area U.S. Average
10.24% 13.65%

Northland Area FCU has a net worth of 10.24% versus the BestCashCow average of 13.65. 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 $44.30 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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