Sep, 30, 2025 — MANISTIQUE FEDERAL CREDIT UNION is a federal credit union headquartered in MANISTIQUE, MI with 1 branch location and about $41.83 million in total assets. Opened 59 years ago in 1967, MANISTIQUE FEDERAL CREDIT UNION has about 3,080 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MANISTIQUE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 121 E Elk St MANISTIQUE, MI 49854-1207 |
| Phone: | (906) 341-6914 |
| Fax: | (906) 341-2810 |
| Website: | https://www.manistiquefederal.com |
| Branches: | 1 branch locations |
| Members: | 3,080 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18067 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,831,605 |
| CEO/Manager: | Tammy Rochefort |
| Chairperson: | Gary Watchorn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,225,606 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,235,286 |
| Unsecured Loans | 1,240,372 |
| Other Loans | 11,274,074 |
| TOTAL LOANS | 18,749,732 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -53,737 |
| Land And Building | 167,559 |
| Other Fixed Assets | 80,960 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 344,287 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,831,605 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 172,318 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,142,490 |
| Regular shares | 18,174,455 |
| All Other Shares & Deposits | 8,975,911 |
| TOTAL SHARES & DEPOSITS | 35,292,856 |
| TOTAL LIABILITIES | 35,465,174 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,366,431 |
| TOTAL EQUITY | 6,366,431 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,831,605 |
| INCOME & EXPENSE | |
| Loan Income | 917,685 |
| Investment Income | 577,541 |
| Other Income | 9,735 |
| Total Employee Compensation & Benefits | 292,050 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 370,123 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 53,737 |
| Cost of Funds | 208,563 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 647,348 |
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