Michigan Legacy Credit Union

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

michiganlegacycu.org

734-285-0600

269 Oak Street
Wyandotte, MI 48192

Michigan Legacy Credit Union is headquartered in Wyandotte and is the 75^th largest credit union in the state of Michigan. It is also the 1,220^th largest credit union in the nation. It was established in 1946 and as of March of 2025, it had grown to 64 employees and 20,290 members at 5 locations. Michigan Legacy Credit Union has an A health rating.

Field of Membership Restrictions

Michigan Legacy Credit Union is open to those who live, work or own a business, attend school or worship in Oakland, Wayne, Macomb, Livingston or Monroe Counties in Michigan. (Eligibility requirements are posted in the online application)
See current membership details

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	62642
Year Chartered	1946
Employees	64
Primary Regulator

Profit Margin
Return on Assets - YTD	0.21%
Return on Equity - YTD	1.72%
Annual Interest Income	$2.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$217.9MM$218.8MM
Loans	Q1 2025vs Q1 2024	$143.9MM$159.1MM
Deposits	Q1 2025vs Q1 2024	$191MM$193.1MM
Equity Capital	Q1 2025vs Q1 2024	$26.5MM$24.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$204K$276K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1MM$624K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Michigan Legacy Credit Union.

Locations

Michigan Legacy Credit Union Locations
Branch Office	290 N John St	Highland, MI 48357
Branch Office	22855 Gibraltar Rd	Flat Rock, MI 48134
Branch Office	269 Oak St	Wyandotte, MI 48192-5126
Branch Office	31130 Ryan Rd	Warren, MI 48092
Branch Office	144 E Pike St	Pontiac, MI 48342

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