Michigan First Credit Union


Overview / Commentary
800-664-3828
27000 Evergreen Rd
Lathrup Village, MI 48076-3231

Michigan First Credit Union is headquartered in Lathrup Village and is the 15th largest credit union in the state of Michigan. It is also the 330th largest credit union in the nation. It was established in 1926 and as of June of 2019, it had grown to 451 employees and 155,590 members at 23 locations. Michigan First Credit Union has an A+ health rating.

Field of Membership Restrictions

Michigan First Credit Union membership is open to those who live, worship or work within the state of Michigan.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Health Grade Components

Overall
NCUA #60522
Year Chartered1926
Employees451
Primary Regulator
Profit Margin
Return on Assets - YTD0.61%
Return on Equity - YTD4.49%
Annual Interest Income$22.8MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$974.9MM$919.8MM
LoansQ2 2019vs Q2 2018$661.8MM$635.0MM
DepositsQ2 2019vs Q2 2018$733.8MM$689.0MM
Equity CapitalQ2 2019vs Q2 2018$132.8MM$121.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$11.6MM$10.8MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$7.4MM$8.9MM
Real Estate OwnedQ2 2019vs Q2 2018$678.00K$670.00K
Rates

Rates for Michigan First Credit Union are currently being reviewed.

Locations

Availability



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.