Members First Credit Union (MI)

Overview / Commentary
600 W Wackerly St
Midland, MI 48640

Members First Credit Union (MI) is headquartered in Midland and is the 31st largest credit union in the state of Michigan. It is also the 531st largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 236 employees and 60,757 members at 11 locations. Members First Credit Union (MI)'s CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Members First Credit Union is open to individuals who live, worship, work, or attend school in the State of Michigan. Immediate family of existing members are also be eligible.
See current membership details

Reviews (2)

My credit union

In all, I have been satisfied with my credit union for the last 30 years. I provided special services because of its coordination with the related work place. However, I did have some dissatisfaction with what I considered tight and hard lending policies. We were turned down a couple of times for loans that I felt should have been approved. It seemed our 30 years of time with them did not matter.

Awful And Disrespectful

Sure, they seem nice at first but then use bait and switch tactics when applying for a loan, to try to get you locked into a higher interest rate. Call center people ask for your account number and social security number as if it is their God-given right to have it. Security breech caused me to have to use a new debit card. When walking in to change the new debit card pin, teller never asked for my ID.
I even once ha a teller grab my drivers license out of my hand then ask for my date of birth ( which is on the license, duh!). However, he could not hear me because he had some headset on his head. Meanwhile, two other tellers just stood there starring at me.
Loan officer was a snotty millennial who did not bother to even shake my hand at the end of our deal or thank me. RUDE RUDE RUDE.
And forget asking to speak to management to make a complaint, they want your account number just to do that.


Health Grade Components

NCUA #62076
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD10.34%
Annual Interest Income$20.4MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$763.8MM$716.3MM
LoansQ3 2022vs Q3 2021$516.3MM$387.4MM
DepositsQ3 2022vs Q3 2021$689.3MM$637.5MM
Equity CapitalQ3 2022vs Q3 2021$55.2MM$70.9MM
Loan Loss AllowanceQ3 2022vs Q3 2021$3.6MM$2.6MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$3.0MM$1.5MM
Real Estate OwnedQ3 2022vs Q3 2021$0$38.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Members First Credit Union (MI); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Members First Credit Union (MI) Savings Account Rates

2.02%*$200k*-Super High Yield Savings
OTHER TIERS: 1.01% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $100k | 1.76% $100k - $200k
2.02%*$200k*-IRA Super High Yield Savings
OTHER TIERS: 1.01% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $100k | 1.76% $100k - $200k
0.60%*$10k*-High Yield Savings
OTHER TIERS: 0.50% $1k - $5k | 0.55% $5k - $10k
0.60%*$10k*-IRA High Yield Savings
OTHER TIERS: 0.50% $1k - $5k | 0.55% $5k - $10k
0.25%$5-Regular Shares
0.25%$5-Kid's Club Savings
0.25%$5-Student Club Savings
0.25%--Christmas Club
0.25%--Special Savings
0.25%--IRA Savings

Members First Credit Union (MI) Checking Account Rates

0.25%*$250k*-Premier Business Checking
OTHER TIERS: 0.15% $500 - $10k | 0.17% $10k - $50k | 0.20% $50k - $250k
0.25%*$10k*-Premier Checking Package
OTHER TIERS: 0.17% $1k - $2.5k | 0.20% $2.5k - $10k
0.22%$1k-eChecking Package
0.17%$1k-Advantage 60 Checking Package

Members First Credit Union (MI) CD Rates

4.50%$1k-15 Month CD Special
4.50%$100-15 Month Youth CD Special
4.25%$1k-12 Month CD
4.25%$100-12 Month Youth CD
4.08%$1k-27 Month CD
4.08%$1k-27 Month Youth CD
4.01%$1k-44 Week CD
4.01%$100-44 Week Youth CD
4.00%$1k-6 Month CD
4.00%$100-6 Month Youth CD
3.56%$1k-24 Month CD
3.56%$1k-60 Month CD
3.56%$100-24 Month Youth CD
3.56%$100-60 Month Youth CD
3.30%$1k-36 Month CD
3.30%$1k-48 Month CD
3.30%$100-36 Month Youth CD
3.30%$100-48 Month Youth CD

Members First Credit Union (MI) IRA Rates

4.50%$1k-15 Month IRA Special
4.25%$1k-12 Month IRA
4.08%$1k-27 Month IRA
4.01%$1k-44 Weeks IRA
4.00%$1k-6 Month IRA
3.56%$1k-24 Month IRA
3.56%$1k-60 Month IRA
3.30%$1k-36 Month IRA
3.30%$1k-48 Month IRA


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.