NCUA Insured
Member-Owned
1 charter
Established in 1951
Contact this credit union directly for detailed information about membership eligibility and current rates.
Membership Eligibility
Anyone who lives, works, or worships in or around Cheboygan, MI may be eligible to join. Community credit unions are open to the general public within their service area.
Check eligibility on their website →NCUA Insured — deposits protected up to $250,000
Member-Owned — not-for-profit cooperative
1 charter
Established in 1951
Low-Income Designated
Contact this credit union directly for detailed information about membership eligibility, current rates, and services.
Services Offered
This credit union is located in Cheboygan and serves members in the MI area. Currently serving 12,086 members.
Contact the credit union to confirm membership eligibility requirements for your area.
Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.
Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.
Source: NCUA Federally Insured Credit Unions list, Q4 2025.
Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.
New Auto Loan
8.00%Used Auto Loan
8.50%Personal Loan
11.50%Credit Card APR
10.95%Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.
Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.
Lowest rates currently reported by credit unions in MI (NCUA Q4 2025).
Wyandotte, MI
Onaway, MI
Detroit, MI
Niles, MI
Rates from NCUA regulatory filings. Contact credit unions directly for current rates.
3.2
47 Google reviews
Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.
View on Google MapsTrisha Frye
5 months ago
They shut my account down with a lot of money in the account and did NOT notify me! Unprofessional! This happened after they breached the account information to someone without access. Once they got called out on this they decided to shut down the account!
Steve B
a year ago
This was once a place of fair and balanced business, both for loans and many other products. But not so much anymore, they would rather treat you like you're a problem case these days. Ever since Michael Scott came on board less than a year ago has no contact skills-hench this is why he won't call you too explain anything nor bother to reach out at all-in short I have had 4 loans and not one was late, and this included an auto loan-but good ole mike makes the girls do the work and ask the questions he should be doing, and then treats you as a number not a reliable customer who's been here for over 5 years!!I guess when this last loan is paid, I will be moving, in short if you have a high credit number mike will be your new friend. This is Mike from Straits Area Federal Credit Union. Your loan request has gone through the underwriting process. At this time your application has been denied due to excessive obligations in relation to income and unsecured debt being too great. And this was for a consolidation loan, which means I get out from the credits cards and make only one payment not 11. Again never late always on time
Jerry Hockman
3 years ago
I’ve gotten several loans now and had many dealings with this bank over the past several years and I truly can’t say enough good things. They beat every interest rate there is and every transaction has been seamless and stress free. Ellie has been our loan officer for every one and she is absolutely FANTASTIC! I email her random questions all the time she gets back to me faster than anyone else. I will never get a loan anywhere else because of Ellie, and because of the great service this credit union provides.
Kayte Schryer
3 years ago
We have been members for the past 10 years- We couldn't be happier with the service and personal touches they help with. Always available for quick questions regarding financial decisions as well as loan decisions. Professional staff willing to help in any way they can. Their car loan rates beat everyone else's that we looked into. The office's are always clean and friendly when you walk in! We would recommend them hands down to anyone looking for banking services.
heather lange
2 years ago
We've been members here for years. This place has gone downhill. We talked to a Shelly last week concerning a transfer from one account to another. We were assured that the original never went through and she did it over the phone. Well Saturday morning I check my account and it's in the negative. Not only did the original transaction go through(the one she said wasn't pending)but so did the one she did.They need to hire ppl that know what they are talking about. As soon as my loan is paid off we are switching banks. This place is a joke anymore. Beware and do your research. Save time and go to another bank. It's hard to even get anyone to answer the phone when you have questions.
Weekdays 9am–4pm typically have the shortest wait times for new member inquiries.
Your deposits are federally insured up to $250,000 per account category by the National Credit Union Administration (NCUA).
Phone
(231) 627-3145Website
Visit WebsiteMembers
12,086
Total Assets
$127.7M
Year Opened
1951
Net Worth
Well Capitalized
Designations
Official NCUA Data
All data sourced from the National Credit Union Administration (NCUA).
View NCUA Profile