Charter 62027 · Muskegon, MI
Best Financial Credit Union
Best Financial Credit Union is a state-chartered credit union in Muskegon, Michigan, with $154 million in assets and 12,949 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 14.75%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $154 million
- +9.4% in a year
- Members
- 12,949
- -4.9% in a year
- Net worth ratio
- 14.75%
- Peer median 11.65%
- Loans 60+ days late
- 1.93%
- Peer median 0.70%
- Loans outstanding
- $103 million
- +0.8% in a year
- Shares and deposits
- $130 million
- +11.1% in a year
- Branches
- 2
- 45 employees
- Opened
- 1955
- Michigan charter
How Best Financial Credit Union compares
NCUA groups credit unions by size; Best Financial Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 14.75% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.93%, is higher than the group median of 0.70%. Loans grew 0.8% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 93 of 169 credit unions headquartered in Michigan. See all Michigan credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $154 million | 12,949 | $103 million | 14.75% | 1.93% |
| Q1 2026 | $156 million | 12,930 | $105 million | 14.56% | 1.61% |
| Q4 2025 | $143 million | 12,770 | $105 million | 15.84% | 1.24% |
| Q3 2025 | $142 million | 13,754 | $104 million | 16.22% | 0.79% |
| Q2 2025 | $141 million | 13,623 | $103 million | 16.16% | 0.80% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.2 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 2 sites for Best Financial Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Best Financial Credit Union (main office)
1888 E Sherman Blvd, Muskegon, MI 49444 - Best Financial Credit Union Spring Lake Branch
612 W Savidge St, Spring Lake, MI 49456
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology