Since, those humble beginnings of 1983, FAFCU now operates 5 branches thanks to our quality of service and mobile banking convenience. Take a trip through the past and learn how we got where we are today.
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.
Fife Lake Branch Moved
In January 1985, the office was moved to the original bank building in Fife Lake next to Kimball’s Market.
Kalkaska South Branch Opened
We opened our first branch office in Kalkaska, Michigan in 1987.
Fife Lake Branch Moved Again
In December 1993, the office was moved once again, this time to its current location at 638 Boyd St. in Fife Lake.
Kingsley Branch Opened
We opened our first branch in Kingsley in 1997.
Manton Branch Opened
We opened our first branch office in Manton, Michigan in 2001.
Kinglsey Branch Moved
To the current location in the East end of town.
Kalkaska North Branch Opened
We opened our second branch in Kalkaska, Michigan in 2016.
Lake City Branch Opened
We opened our first branch office in Lake City, Michigan in 2019.