About NCACU

 

North Central was established in 1956 as North Central State Employees Credit Union conducted out of, at the time, the official treasurer’s home. The first building was built in 1970 in Roscommon, MI. In 1975 the credit union name changed to North Central Governmental Credit union and merged with Top Seven Credit Union in 1980. In 1985 we became North Central Area Credit Union and opened our Houghton Lake Branch. Merging with Standish Community Credit Union in 1990 and built the Grayling, MI branch. With this growth we built an administration building in Houghton Lake and shortly thereafter becoming a full service credit union, also servicing school branches. In 2017 we rebranded to freshen up our branches and in 2023 merged with First United Credit Union, adding our 6th building in Grandville, MI.

Our Vision & Values

At NCACU, we are committed to being a dynamic financial partner, guiding and empowering your success. Our core values include:

• Knowledgeable: Providing expert financial guidance through continuous staff training.
• Engaged: Building meaningful relationships by actively listening and collaborating with our members.
• Innovative: Embracing change and enhancing services to meet evolving needs.

Why Choose NCACU?

• Member-Owned: Every member has an equal vote and ownership stake.
• Community-Focused: We actively support local initiatives and charitable causes.
• Financial Benefits: Enjoy lower loan rates, higher savings returns, and fewer fees compared to traditional banks.
• Convenient Access: Manage your accounts through free Online and Mobile Banking, and access thousands of ATMs nationwide.

Easy to Join

If you live, work, worship, or attend school in Michigan, you’re eligible to join NCACU. Membership is for life—even if you move or change jobs.

1. Apply Online: Click the “Open an Account” button on our website.
2. Visit a Branch: Stop by one of our local branches for personalized assistance.
3. Call Us: Reach out at (989) 910-5135 for more information.

Experience The Credit Union Difference

Credit unions are democratically owned and controlled institutions based on People Helping People principles. Credit union boards of directors are elected by the members; each member has one vote, regardless of how much money they have. Only members may serve as directors, and directors serve without compensation. Credit unions have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates, and lower cost for services.

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	Credit Unions	Banks
Philosophy	Not for profit, not for charity, but for service. Decisions made in the members’ best interest.	Generate profit for stockholders. Decisions profit-motivated for stockholders.
Structure	Financial cooperatives with member/owners.	Commercial businesses with paid stockholders; services offered to make a profit.
Ownership	Members are equal owners.	Stockholders.
Board of Directors	Unpaid volunteers elected annually by membership.	Paid shareholders. Only those with stock can vote.
Earnings/Income	Income is returned to members in the forms of better rates and lower fees.	Income is returned to stockholders in the form of higher stock dividends.
Fees	Typically lower.	Can account for up to 1/3 of total profits.
Deposit Insurance	Federally insured up to $250,000 by the NCUA (National Credit Union Administration).	Federally insured up to $250,000 by the FDIC (Federal Deposit Insurance Corporation).

Join NCACU today and become part of a community that values your financial well-being. Experience the benefits of membership and let us help you achieve your financial goals.

Our Official Family