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


                                  June 23, 2004
                        (Date of earliest event reported)

                         Commission file number: 0-20167

                       NORTH COUNTRY FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)


MICHIGAN                                                   38-2062816
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation or organization)                             Identification No)

130 SOUTH CEDAR STREET, MANISTIQUE, MI                     49854
(Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code: (800) 200-7032




ITEM 9.       Other Events and Regulation FD Disclosure

              On June 23, 2004 North Country Financial Corporation issued a
press release announcing the conditional settlement of class action securities
litigation.




Exhibit No.           Description

             
99.1            Press Release dated June 23, 2004




                                   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.


                                NORTH COUNTRY FINANCIAL CORPORATION


Date: June 23,2004              By:      /s/ Ernie R. Krueger
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                                Ernie R. Krueger, VP/Controller