Overview / Commentary
Family Financial Credit Union is headquartered in Norton Shores and is the 91st largest credit union in the state of Michigan. It is also the 1,455th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 37 employees and 16,713 members at 4 locations. Family Financial Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Family Financial Credit Union is open to those who live, work, worship, or attend school in the Michigan counties of Allegan, Kent, Mason, Montcalm, Muskegon, Newaygo, Oceana, or Ottawa. Immediate family members of current Family Financial Credit Union members are eligible for membership, regardless of where they live.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61633 |
| Year Chartered | 1959 |
| Employees | 37 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 3.1% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $158.9MM$155MM |
| Loans | Q1 2025vs Q1 2024 | $95.3MM$99.6MM |
| Deposits | Q1 2025vs Q1 2024 | $138.6MM$136.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $18MM$16.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $647K$247K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $944K$521K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |