Michigan First Credit Union

Overview / Commentary
27000 Evergreen Rd
Lathrup Village, MI 48076

Michigan First Credit Union is headquartered in Lathrup Village and is the 16th largest credit union in the state of Michigan. It is also the 307th largest credit union in the nation. It was established in 1926 and as of December of 2022, it had grown to 475 employees and 187,715 members at 28 locations. Michigan First Credit Union has a B+ 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


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


Health Grade Components

NCUA #60522
Year Chartered1926
Primary Regulator
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD9.82%
Annual Interest Income$54.8MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$1.48B$1.48B
LoansQ4 2022vs Q4 2021$1.08B$915.6MM
DepositsQ4 2022vs Q4 2021$1.10B$1.24B
Equity CapitalQ4 2022vs Q4 2021$156.7MM$169.9MM
Loan Loss AllowanceQ4 2022vs Q4 2021$9.4MM$8.8MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$6.8MM$5.3MM
Real Estate OwnedQ4 2022vs Q4 2021$0$250.00K

Rates for Michigan First Credit Union are currently being reviewed.



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.