Overview / Commentary
Farm Bureau Family Credit Union is headquartered in Lansing and is the 160th largest credit union in the state of Michigan. It is also the 3,057th largest credit union in the nation. It was established in 1934 and as of March of 2025, it had grown to 5 employees and 2,114 members at 1 location. Farm Bureau Family Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Farm Bureau Family Credit Union is open to the employees of the Farm Bureau Family of Companies, along with the members of the Farm Bureau and their associates and/or affiliates. Membership eligibility also extends to immediate family members of membership-eligible individuals.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Farm Bureau Family Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62330 |
| Year Chartered | 1934 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 13.73% |
| Annual Interest Income | $332K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $24.7MM$23.3MM |
| Loans | Q1 2025vs Q1 2024 | $15.2MM$15.3MM |
| Deposits | Q1 2025vs Q1 2024 | $22.2MM$20.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.8MM$2.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $84K$97K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $40K$169K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |