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First Federal/mBank Community Foundation

Our Purpose

The First Federal/mBank Community Foundation is a grant program that was initially established by First Federal of Northern Michigan (FFNM) Community Bank with a mission of strengthening the social and economic well-being of the communities in which FFNM operated. Although First Federal of Northern Michigan has since merged with mBank, the Foundation still exists as a legacy to serve the needs of the communities within FFNM’s original footprint.

The First Federal/mBank Community Foundation is dedicated to supporting community activities and nonprofit organizations in the greater Alanson, Cheboygan, Gaylord, Lewiston, Mio, and Alpena areas.

Our Goal

To strengthen community development and the economic well-being in the communities we serve and enhance our current activities under the Community Reinvestment Act.

How We Work

The Board of Directors of First Federal/mBank Community Foundation is responsible for establishing its grant and donation policies, consistent with the purposes for which it was established. As directors of a nonprofit corporation, directors of First Federal/mBank Community Foundation will at all times be bound by their fiduciary duty to advance the foundation's charitable goals, to protect its assets, and to act in a manner consistent with the charitable purposes for which the foundation was established. The directors of First Federal/mBank Community Foundation will also be responsible for directing the activities of the foundation, including the management and voting of the shares of common stock it holds in Mackinac Financial Corporation.

Apply for a Grant

The First Federal/mBank Community Foundation welcomes your grant application for consideration at our quarterly meetings. Two levels of grants are available:

First Federal/mBank Community Foundation Board of Directors:

  • Michael W. Mahler - President
  • Christopher McCoy - Chairman
  • Dylan Wallace - Secretary
  • Eileen Budnick - Treasurer
  • Martin Thomson