Overview / Commentary
Family First Credit Union (MI) is headquartered in Saginaw and is the 112th largest credit union in the state of Michigan. It is also the 1,781st largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 23 employees and 5,488 members at 3 locations. Family First Credit Union (MI) has a B+ health rating.
Field of Membership Restrictions
Family First Credit Union offers membership to anyone who lives, works, worships or attends school in the Michigan counties of Bay, Genesee, Midland, or Saginaw. Anyone related by blood, marriage, or a foster child living in the household of a current member also qualifies for membership
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61909 |
| Year Chartered | 1939 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.45% |
| Return on Equity - YTD | -5.42% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $105.8MM$99.5MM |
| Loans | Q1 2025vs Q1 2024 | $47MM$52.6MM |
| Deposits | Q1 2025vs Q1 2024 | $97.8MM$91.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.5MM$8.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $837K$871K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $755K$1.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $27K$0 |