Financial Plus Credit Union is headquartered in Flint and is the 19th largest credit union in the state of Michigan. It is also the 332nd largest credit union in the nation. It was established in 1952 and as of December of 2024, it had grown to 271 employees and 80,417 members at 12 locations. Financial Plus Credit Union has an A+ health rating.
Membership in Financial Plus Credit Union is open to those who live, work, worship, or attend school anywhere in the State of Michigan.
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Overall | |
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NCUA # | 68646 |
Year Chartered | 1952 |
Employees | 271 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.86% |
Return on Equity - YTD | 7.43% |
Annual Interest Income | $72.8MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $1.41B$1.29B |
Loans | Q4 2024vs Q4 2023 | $986.9MM$921.7MM |
Deposits | Q4 2024vs Q4 2023 | $1.14B$1.06B |
Equity Capital | Q4 2024vs Q4 2023 | $161.7MM$144.1MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $13MM$10.8MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $6.6MM$6.9MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $87K$0 |
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