This main office of Straits Area is located at 201 Locust St in Cheboygan, Michigan, and can be reached at (231) 627-3145. Straits Area is a federally insured financial cooperative serving the Cheboygan, Michigan community. Established to provide a secure alternative to big banks, they focus on member service rather than profits. If you are comparing options, you can also browse other credit unions in Cheboygan or review your personal loan options.
Profits are returned to members via better rates & lower fees.
Local decision making and support for the Cheboygan area.
This is the main headquarters location, managing all branch operations and member services for the institution.
Borrow small amounts at fair, regulated rates to manage short-term cash needs without getting trapped in debt.
Expert guidance on budgeting, debt reduction, and wealth building to help you achieve financial stability.
Special mortgage programs with lower down payments or rate assistance to help you buy your first home.
Affordable wire transfer services, making it easier to send money domestically or internationally.
No-cost share draft accounts (checking) with no monthly maintenance fees.
201 Locust St
Cheboygan, MI 49721
Membership at Straits Area is typically open to individuals who live, work, worship, or attend school in Cheboygan and surrounding areas.
We recommend contacting the branch at (231) 627-3145 to confirm your eligibility before visiting.
Membership and underwriting can take time. If you need funds while your application is in progress, you can explore installment loans or, if your credit history is still developing, review loan options for bad credit.
Like most credit unions, Straits Area typically offers the following services. If you want to weigh these against online options, you can compare debt consolidation loans or, for those rebuilding their score, look at loans for fair credit:
Yes, as a federally chartered or insured credit union, accounts are insured by the **NCUA (National Credit Union Administration)** up to $250,000. This offers the same level of protection as FDIC insurance at traditional banks.
Field of membership typically includes residents of Cheboygan, employees of specific local companies, or family members of existing members. Contact the branch directly for the most current eligibility list.
2 additional branches in 1 state
Looking for credit unions near me in other Michigan cities? Browse credit unions in nearby locations:
To borrow from Straits Area Credit Union you generally need to qualify for membership and meet its lending criteria, and not every applicant is approved. If you don't qualify, need to compare rates, or want to review more options, you can apply online with lenders serving Michigan. Applying is quick, and funds may be available quickly after approval.
Approval, amount, and terms depend on the lender and your creditworthiness. Loans are not available in all states.