UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        --------------------------------
                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): October 12, 2007
                                                         ----------------

                FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
                ------------------------------------------------
             (Exact name of Registrant as specified in its charter)

         Maryland                      0-31957             38-0135202
         ---------                     -------             ----------
  (State or Other Jurisdiction       (Commission           (I.R.S. Employer
   of Incorporation)                  File Number)          Identification No.)

                   100 S. Second Ave., Alpena, Michigan 49707
                   ------------------------------------------
                    (Address of principal executive offices)
                                 (989) 356-9041
                                 --------------
               Registrant's telephone number, including area code

                                 Not Applicable
                                 --------------
          (Former Name or former address, if changed since last report)




Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

|_|  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))









Item 1.01. Entry into a Material Definitive Agreement.

Change in Control Agreements. Effective October 12, 2007, the board of directors
of First Federal of Northern Michigan (the "Bank"), the wholly-owned  subsidiary
of  First   Federal  of   Northern   Michigan   Bancorp,   Inc.,   updated   the
change-in-control  agreements  with  Martin  A.  Thomson,  President  and  Chief
Executive  Officer and Michael W. Mahler,  President and Chief Operating Officer
to bring them into  compliance  with Section  409A of the Internal  Revenue Code
(the   "Code").   These   officers   entered   into   substantially    identical
change-in-control agreements.

Following a change-in-control of the Company or the Bank, an officer is entitled
to a payment under the  change-in-control  agreement if the officer's employment
is involuntarily  terminated  during the term of such agreement,  other than for
cause, as defined,  death or disability.  Involuntary  termination  includes the
officer's  termination  of  employment  during  the  term of the  agreement  and
following a change-in-control as the result of a demotion, loss of title, office
or significant  authority,  reduction in the officer's  annual  compensation  or
benefits,  or relocation of the officer's  principal place of employment by more
than 25 miles from its location immediately prior to the  change-in-control.  In
addition, for the first 12 months following a change-in-control, if the Bank (or
the  Bank's  successor)  fails to renew  the  change-in-control  agreement,  the
officer can voluntarily resign and receive the severance payment.

In the event that an officer who is a party to a change-in-control  agreement is
entitled to receive payments pursuant to the  change-in-control  agreement,  the
officer  will  receive a cash payment of up to a maximum of two times the sum of
base salary and highest  rate of bonuses  awarded to the officer  over the prior
three years,  subject to applicable  withholding  taxes within sixty days of the
officer's date of his termination.  If the officer is a "specified  employee" as
defined in Code Section  409A,  the cash  severance  payment will be made on the
first  day  of  the  seventh  month  following  the  officer's   termination  of
employment.  For purposes of Code Section  409A,  the officer's  termination  of
employment  must  constitute  a  separation  from  service.  In  addition to the
severance  payment,  each covered  officer is entitled to receive life insurance
and non-taxable medical and dental coverage for a period of up to 24 months from
the date of termination,  as well as a lump-sum payment equal to the excess,  if
any, of (a) the present value of benefits to which the officer would be entitled
under the Bank's defined benefit plan if the officer had the additional years of
service that he would have had if he had  continued  working for the Bank for 24
months following his termination,  over (b) the present value of the benefits to
which the officer is actually  entitled under the Bank's defined benefit plan as
of the date of his termination. Notwithstanding any provision to the contrary in
the change-in-control agreement, payments under the change-in-control agreements
are limited so that they will not constitute an excess  parachute  payment under
Code Section 280G.

The change-in-control agreements for Messrs. Thomson and Mahler will be attached
as Exhibits 10.1 and 10.2,  respectively,  to the Quarterly  Report on Form 10-Q
for  the  quarter  ended  September  30,  2007.  The  above  description  of the
agreements is qualified by reference to the agreements themselves.


<Page>

Item 9.01. Financial Statements and Exhibits.

     (a)  Financial Statements of Businesses Acquired: None

     (b)  Pro Forma Financial Information: None

     (c)  Shell company transactions: None

     (d)  Exhibits:

          Exhibit 10.1: Change in Control Agreement for Martin A. Thomson (to be
               filed supplementally)

          Exhibit 10.2: Change in Control Agreement for Michael W. Mahler (to be
               filed supplementally)










                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                 FIRST FEDERAL OF NORTHERN MICHIGAN
                                 BANCORP, INC.


Date: October 18, 2007                By:  /s/ Amy E. Essex
      ----------------                     ---------------------------------
                                           Amy E. Essex
                                           Chief Financial Officer
                                           (Duly Authorized Representative)