Straits Area Federal Credit Union

Established in 1951, Straits Area Federal Credit Union is headquartered in Cheboygan, Michigan.

Main Address

PO Box 367
Cheboygan, MI 49721

Credit Union Details

Charter Number: 7428

Year Opened: 1951

Date Insured: June 18, 1971

Routing Number: 272477500

Peer Group: Assets between $100 million to $500 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Harold Borowicz

Manager/CEO: Cindy Harrison

Employees: 30 full-time employees

Members: 12,205 current members

Website

mi-safcu.org

Branch Locations

Branch
Hours of Operation
Member Services
ATM
Drive Thru
Branch Office
121 E Central Ave
Mackinaw City, MI 49701
(231) 436-4037
M-F 9-5 May - September Saturdays also 9-12
Yes
Yes
Yes
Branch Office
6090 M 68 Hwy
Indian River, MI 49749
(231) 238-7941
M-F 9-5 S 9-12
Yes
Yes
Yes

ATM Locations

ATM
Location
Branch Office
6090 M 68 Hwy
Indian River, MI 49749
Main Office
201 Locust St
Cheboygan, MI 49721

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
October 8, 2024
$10,000
State of MI MEDC
April 1, 2024
$331,642

Data from https://mapping.ncua.gov/CreditUnionDetails/7428

Credit Unions Near Cheboygan, MI

6272 M-68 Hwy
Indian River, MI 49749

Member Services

Yes

ATM

Yes

Drive Thru

Yes

1005 S Main St
Cheboygan, MI 49721

Member Services

Yes

ATM

Yes

Drive Thru

Yes

W366 Us Highway 2 W
Saint Ignace, MI 49781

Member Services

Yes

ATM

Yes

Drive Thru

Yes

FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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