Posts Categorized: Uncategorized

Forest Area FCU Awards $8,000 in Scholarships to area high school seniors

Forest Area Federal Credit Union Awards $8,000 in Scholarships to area high school seniors. Forest Area Federal Credit Union makes a difference to area college bound seniors. Kalkaska, Manton, Fife Lake, Kingsley, Lake City and Mesick MI – Forest Area Federal Credit Union’s Board of Directors has approved the awarding of $500 scholarships to sixteen… Read more »

The Perks of Online Banking for Your Company

Online Banking on Tablet

If you’re a small business owner, you know that the way you manage your finances is of supreme importance. Online banking is convenient and fast, and it frees up your time for other business-related tasks. It makes dealing with your finances less of a headache. If you haven’t moved your own company to online banking… Read more »

5 Different Ways to Use a Personal Loan

Loan approval form

Whether you have a project that needs some extra funding or you’re looking for a way to improve your current financial situation, a personal loan is often a great solution. Personal loans in Mesick, MI, are often small loans that you can use for a number of purposes. Here are the five most common ways… Read more »

Credit Union Receives Superior Rating

Forest Area Federal Credit Union is proud to share the receipt of a 5-Star Rating from Bauer Financial, Inc. Bauer Financial is a financial rating agency based in Coral Gables, Florida, that provides depositor-focused ratings of banks and credit unions in the United States. The company’s rating scale runs from zero to five stars, and… Read more »

Pros of Having a Small-Business Debit Card

Pros of Having a Small-Business Debit Card Convenience: It’s simple to use. Whether you need to buy supplies for your business from a local store or make a purchase for a service online, debit cards give you access to your cash flow right away. There’s no more cutting checks or going to the bank to… Read more »

Best Practices to Build Your Personal Savings Account

Woman checking online account balance

For those who don’t have much experiencing with building a personal savings account, the prospect of starting from scratch can be somewhat daunting. Saving money is hard enough, as maintaining the discipline to save rather than spend takes great dedication and willpower. Not to mention, there’s the basic math with which you must contend. In… Read more »

The Impact of Personal Loans on Your Credit Score

Personal Loan Sticky Note

Are you considering applying for a personal loan from a local credit union in Kingsley, MI,  to consolidate high-interest credit cards or pay for a large purchase? While this unsecured loan can help you meet your current financial needs, you might be curious about how it will impact your credit score. Keep reading to learn… Read more »

Tips for Choosing the Right Credit Union Online

Woman using ATM

Are you interested in doing business with a customer-owned financial institution rather than a big banking machine? If this idea appeals to you, a credit union may be the perfect fit. But how do you find a local credit union if you don’t meet the membership requirements? If you’re in this situation, consider joining an… Read more »

The History of Credit Unions

A brief historical overview of the credit union throughout the decades: 1901 – Alphonse Desjardins, a Canadian journalist, founded the first credit union in North America (today The Desjardins Group) and made the first deposit of 10 cents. 1909 – The first American credit union, St. Mary’s Cooperative Credit Association, opened in Manchester, New Hampshire…. Read more »