EXHIBIT 99

        PRESS RELEASE OF FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.


FOR IMMEDIATE RELEASE
June 15, 2005

Contact:     Martin A. Thomson
             President and Chief Executive Officer
             First Federal of Northern Michigan Bancorp, Inc.
            (989) 356-9041


          FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP QUARTERLY DIVIDEND


         ALPENA, Michigan - June 15, 2005 - First Federal of Northern Michigan
Bancorp, Inc. (the "Company") (NASDAQ: FFNM) announced the approval by its Board
of Directors of a cash dividend on its common stock of $0.05 per share for the
quarter ended June 30, 2005. The dividend will be payable to stockholders of
record as of June 30, 2005 and will be paid on July 22, 2005. The Company has
3,100,021 total shares outstanding.

         The Company is the unitary savings and loan holding company of First
Federal of Northern Michigan, a federal savings bank headquartered in Alpena,
Michigan.



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