Overview / Commentary
Financial Plus Credit Union is headquartered in Flint and is the 19th largest credit union in the state of Michigan. It is also the 320th largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 273 employees and 81,260 members at 12 locations. Financial Plus Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Financial Plus Credit Union is open to those who live, work, worship, or attend school anywhere in the State of Michigan.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68646 |
| Year Chartered | 1952 |
| Employees | 273 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 6.45% |
| Annual Interest Income | $19.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.48B$1.38B |
| Loans | Q1 2025vs Q1 2024 | $1.05B$914.9MM |
| Deposits | Q1 2025vs Q1 2024 | $1.21B$1.14B |
| Equity Capital | Q1 2025vs Q1 2024 | $166.7MM$147.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $14MM$11.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5.3MM$5.8MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $30K$0 |
