Fife Lake Branch Moved

In January 1985, the office was moved to the original bank building in Fife Lake next to Kimball’s Market.

FAFCU Was Organized

The original office of the credit union was located at Larr’s Sporting Goods in Fife Lake, MI, until such time that an alternate location could be found. At the end of the first month of business, Forest Area FCU had a total asset size of $4,049.42 and expenses for the month of $10.00. At the end of 1983, just a few months later, assets had risen to $105,320.89! Serving a membership of just 147 people, total expenses for 1983 were $286.36, while net income was $615.92.