County directory · Michigan
CDFI lenders in Emmet County, MI
1 certified CDFI names Emmet County or a town in it as part of their service area on their own website. 1 more is headquartered here. 2 more have a bank or credit-union branch here. 8 more say they serve all of Michigan. Sources: lender websites (29 Oct 2026–4 Nov 2026), the CDFI Fund list (21 Oct 2026) and FDIC/NCUA branch records.
- Name this county
- 1
- Based here
- 1
- Branch here
- 2
- Serve all of MI
- 8
A lender naming Emmet County on its website is a good sign, not an offer. Lenders based elsewhere may lend here too. Search your exact ZIP code in the finder to include lenders based nearby. Towns in this county: Alanson, Carp Lake, Conway, Cross Village, Good Hart, Harbor Springs, Levering, Oden, Pellston, Petoskey.
Lenders compared for Emmet County
5 with local records| Lender | Local records | Loan sizes | Head office |
|---|---|---|---|
| 1. Northern Great Lakes Initiatives Loan fund, Marquette MI | 3 SBA loans here, FY2020–FY2026 | $1,000–$500,000 | 142 mi |
| 2. Awakon Federal Credit Union Credit union, Onaway MI | 2 offices here | ask | 36 mi |
| 3. Straits Area Federal Credit Union Credit union, Cheboygan MI | 1 office here | ask | 21 mi |
| 4. Northern Shores Community Development, Inc. Loan fund, Harbor Springs MI | headquarters here | from $500 | 5 mi |
| 5. Venture North Funding & Development Loan fund, Traverse City MI | website names Emmet County | up to $350,000 | 64 mi |
3 of these 5 lenders have received CDFI Fund awards, together $9.7M in fiscal years 2008–2024 (CDFI Fund award database; each lender page lists its awards). An award funds the lender, not a particular borrower.
Order: how many kinds of local record we hold (its website names the county or a town in it, headquarters, a branch, SBA loans or HMDA home loans for borrowers here), then the number of those records, then the head office's distance from the county centre. Loan sizes are the range the lender's website states. It is not a rating and nobody pays for a place. SBA loans: SBA 7(a)/504 data (FY2020–FY2026, 3 or more shown); home loans: HMDA 2025 originations (3 or more shown); branches: FDIC/NCUA; distances are straight lines from the average position of the county's ZIP codes.
Where these lenders have offices
3 lenders2 head offices and 6 branches or offices of 3 lenders on this page, within 30 miles of the centre of Emmet County. Lenders with no office nearby may still lend here; many work by phone and online.
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loan types confirmed on these lenders' websites
- Microloans (2 lenders)
- Small-business loans (2 lenders)
- Agriculture / farm loans (1 lender)
- Credit-builder loans (1 lender)
- Small-dollar / emergency loans (1 lender)
- Energy / solar / efficiency loans (1 lender)
- Personal / consumer loans (1 lender)
Banks and credit unions with a branch in this county
2 certified CDFIs have at least one office in Emmet County (NCUA branch data as of 30 Jun 2026). A branch shows presence, not a stated service area; credit unions also require membership.
- Awakon Federal Credit UnionCredit union · Onaway, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…2 offices in Emmet CountyVerified
- Straits Area Federal Credit UnionCredit union · Cheboygan, MIAuto / vehicle loans, Personal / consumer loans1 office in Emmet CountyVerified
Small business and SBA lending in Emmet County
Official statisticsMedian household income in Emmet County is $78,112, 7% above the Michigan figure of $72,875 (ACS 2020–2024).
Businesses here took 58.3 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: about as many as the median Michigan county (56.3), rank 38 of 83.
| Measure | Emmet County | Michigan |
|---|---|---|
| Businesses with paid employees (CBP 2023) | 1,577 (0.7% of the state) | 229,564 |
| …of which under 20 employees | 90% | 85% |
| Businesses without employees (Nonemployer Statistics 2023) | 3,665 | 815,013 |
| Median household income (ACS 2020–2024) | $78,112 (7% above the state) | $72,875 |
| SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026 | 92 (87 7(a), 5 504) | 14,432 |
| …per 1,000 businesses with employees | 58.3 (rank 38 of 83 Michigan counties) | 56.3 (median county) |
| Median SBA 7(a) loan, all lenders | $111,000 | $135,000 |
| …with a certified CDFI as lender, CDC or third-party lender | 3 (3%) | 151 (1%) |
| Variable-rate 7(a): median rate over prime at approval, FY2024–26 | 2.25 pts (42 loans; 5% at the SBA maximum) | 2 pts (5% at the maximum) |
Approvals by fiscal year: FY2020 7 · FY2021 9 · FY2022 7 · FY2023 16 · FY2024 19 · FY2025 21 · FY2026 13.
For comparison, not an offer. SBA figures count approvals by every SBA lender for borrowers whose ZIP code lies in the county, not only CDFIs; approval is not disbursement. Rate over prime = the SBA's recorded initial rate minus the prime rate on the approval day; SBA caps it at 3 to 6.5 points depending on loan size (current prime rate and caps: methodology).
Sources: Census Bureau County Business Patterns 2023, Nonemployer Statistics 2023 and American Community Survey 2020–2024 (table B19013); SBA 7(a) & 504 FOIA data as of 30 Sep 2026; prime rate: FRED DPRIME; SBA maximums: SBA 7(a) terms. Downloaded 15 Nov 2026. How we compute these.
SBA loans made here by CDFIs
SBA data as of 30 Sep 2026Certified CDFIs were the lender, the CDC or the third-party lender on 3 SBA approvals (3 7(a) loans) for borrowers in Emmet County in fiscal years 2020–2026, from 1 CDFI. The 7(a) loans total $585,700 approved.
CDFIs with 3 or more: Northern Great Lakes Initiatives (3).
Counted by the county of the borrower's ZIP code. Approval is not disbursement. These are only the SBA loans of certified CDFIs; most SBA lenders here are not CDFIs, and CDFIs also lend outside SBA programs.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
CDFI lending recorded here (FY2022)
CDFI Fund data, released Dec 20245 loans and investments totaling $951,700 (median $175,000) were reported to the CDFI Fund for borrowers and projects in Emmet County in fiscal year 2022, by 4 reporting CDFIs.
| Purpose (CDFI Fund category) | Count | Total | Median |
|---|---|---|---|
| Other purposes | 5 | $951,700 |
CDFI banks and credit unions also reported 58 consumer loans in Emmet County totaling $1.6M (Consumer Loan Report, tract totals, so no median); they counted 48% of them as serving low-income borrowers.
Loans and investments reported in other years: FY2018 17 · FY2019 15 · FY2020 12 · FY2021 23.
Only CDFIs that hold an active CDFI Fund award (CDFI Program, Native American CDFI Assistance or the CDFI Rapid Response Program) report these transactions, so this is not all lending by the certified CDFIs on this page. The Fund masks which CDFI made each loan, so we cannot say which lender listed here made them.
Source: CDFI Fund, CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files for fiscal year 2022 (released Dec 2024; downloaded 3 Nov 2026). Amounts are original loan or investment amounts as reported. Place = the 2010 census tract of each record. How we count.
Lenders whose website names Emmet County or a town in it
Headquartered in Emmet County
The official list gives a headquarters address here. Check each lender's page for where it lends.
Say they serve all of Michigan
- CORE Community PartnersLoan fund · Bingham Farms, MIAffordable housing development loansVerified
- CoVantage Credit UnionCredit union · Antigo, WIHome mortgagesVerified
- Invest Detroit FoundationLoan fund · Detroit, MIEquity / venture investment, Affordable housing development loans, Small-business loansVerified
- Michigan Women's Foundation, TheLoan fund · Detroit, MIMicroloans, Small-business loansVerified
- Northern Great Lakes InitiativesLoan fund · Marquette, MIEnergy / solar / efficiency loans, Equipment loans, Small-business loansVerified
- United Bay Community Credit UnionCredit union · Bay City, MIAuto / vehicle loans, Commercial real estate loans, Small-dollar / emergency loans, Equipment loans…Verified
- United Cerebral Palsy Association of Michigan, Inc., DBA Michigan Assistive Technology FundLoan fund · Southfield, MIEquipment loansVerified
- West Central Development Corporation, dba Anchor Financial ServicesLoan fund · Perrysburg, OHCommercial real estate loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
Free help before you apply
These offices give free or low-cost advice: a Small Business Development Center or SCORE mentor can help with the business plan, cash-flow projections and paperwork most business lenders ask for, and a HUD-approved housing counselor can help with a homebuyer course, a budget or a missed mortgage payment. Some counseling agencies also lend; using their advice does not commit you to their loans. Call ahead to check hours and what they cover.
Business advice
Housing counseling
Sources: SBA local assistance listings, read 6 Nov 2026; HUD's list of approved housing counseling agencies (open-data version last updated 9 Apr 2025). For the current list and the services each agency offers, use the CFPB's housing counselor search (it uses HUD's list) or call HUD at 800-569-4287. Offices are placed by ZIP code, so distances are approximate.
Other Michigan counties
Source: CDFI Atlas, cdfiatlas.com/states/mi/counties/emmet-county/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).