Farm Bureau Family Credit Union is headquartered in Lansing and is the 185th largest credit union in the state of Michigan. It is also the 3,392nd largest credit union in the nation. It was established in 1934 and as of December of 2019, it had grown to 4 employees and 1,573 members at 1 location. Farm Bureau Family Credit Union has a B health rating.
Farm Bureau Family Credit Union of Michigan 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 include the family members of the credit union members.
See current membership details
| Overall | |
|---|---|
| NCUA # | 62330 |
| Year Chartered | 1934 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.44% |
| Return on Equity - YTD | 4.27% |
| Annual Interest Income | $654.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $18.7MM$18.1MM |
| Loans | Q4 2019vs Q4 2018 | $8.6MM$8.1MM |
| Deposits | Q4 2019vs Q4 2018 | $16.7MM$16.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.9MM$1.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $70.00K$63.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $14.00K$13.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |
Rates for Farm Bureau Family Credit Union are currently being reviewed.
| Farm Bureau Family Credit Union Locations | ||
|---|---|---|
| Branch Office | 7373 W Saginaw Hwy | Lansing, MI 48917-1124 |