Forest Area
Forest Area is a credit union based in Fife Lake, Michigan, established in 1983, with $318 million in total assets serving 21,325 members. By Trust Grade it ranks 16th of 170 credit unions we track in Michigan. Its net worth ratio of 12.3% is stronger than 63% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 1.37% return on assets. No consumer complaints against Forest Area appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Forest Area compares to Michigan peers
How we graded Forest Area
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.3% capital ratio)
- Strongly profitable (ROA 1.37%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Forest Area over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Forest Area insured?
Yes. Forest Area is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Forest Area: frequently asked questions
Is Forest Area a good credit union?
Forest Area earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.3% capital ratio); Strongly profitable (ROA 1.37%).
Is Forest Area NCUA-insured?
Yes. Forest Area is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Forest Area?
Forest Area holds $318 million in total assets, ranking 16th of 170 credit unions we track in Michigan. It serves 21,325 members.
Does Forest Area have CFPB complaints?
No CFPB complaints against Forest Area appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
