First Federal of Northern Michigan Bancorp, Inc. operates as a holding company for First Federal of Northern Michigan that provides various financial services to individual and business customers. It offers checking and savings accounts, individual retirement accounts, Christmas club accounts, money market accounts, deposits, and certificates of deposit, as well as debit and credit cards. The company also provides one- to four-family residential real estate mortgages, commercial real estate loans, and home equity lines of credit; personal loans; auto and recreational vehicle loans; business term loans; construction loans; letters of credit; USDA and small business loans; and business lines of credit. In addition, it offers online and mobile banking services, telephone banking services, and cash management services. The company operates eight branches. First Federal of Northern Michigan Bancorp, Inc. was founded in 1957 and is based in Alpena, Michigan.