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As of May 18, 2018, First Federal of Northern Michigan Bancorp, Inc. was acquired by Mackinac Financial Corporation. First Federal of Northern Michigan Bancorp, Inc. operates as the bank holding company for First Federal of Northern Michigan that provides various financial services to individuals, families, and businesses. It offers NOW and money market accounts, and savings accounts, as well as certificates of deposit. The company also provides one- to four-family residential real estate mortgages, commercial real estate loans, commercial loans, and consumer loans, as well as investment securities and mortgage-backed securities. It operates through eight full-service facilities located in Alpena, Cheboygan, Emmet, Iosco, Otsego, Montmorency, and Oscoda Counties, Michigan. First Federal of Northern Michigan Bancorp, Inc. was founded in 1957 and is based in Alpena, Michigan.
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