Charter 62076 · Midland, MI
Members First Credit Union (Midland, MI)
Members First Credit Union is a state-chartered credit union in Midland, Michigan, with $905 million in assets and 67,906 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.21%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $905 million
- +2.5% in a year
- Members
- 67,906
- +1.1% in a year
- Net worth ratio
- 9.21%
- Peer median 10.79%
- Loans 60+ days late
- 0.65%
- Peer median 0.67%
- Loans outstanding
- $644 million
- -1.1% in a year
- Shares and deposits
- $779 million
- +2.0% in a year
- Branches
- 12
- 236 employees
- Opened
- 1936
- Michigan charter
How Members First Credit Union compares
NCUA groups credit unions by size; Members First Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.21% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.65%, is about the same as the group median of 0.67%. Loans fell 1.1% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 32 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 | $905 million | 67,906 | $644 million | 9.21% | 0.65% |
| Q1 2026 | $904 million | 67,425 | $624 million | 8.92% | 0.66% |
| Q4 2025 | $901 million | 67,490 | $638 million | 9.01% | 1.14% |
| Q3 2025 | $878 million | 67,375 | $649 million | 9.07% | 1.09% |
| Q2 2025 | $884 million | 67,152 | $651 million | 8.88% | 1.02% |
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 10 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 11 sites for Members First Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Members First Credit Union - Wackerly (main office)
600 W Wackerly St, Midland, MI 48640 - Members First Credit Union - Dartmouth Office
400 Dartmouth Dr, Midland, MI 48640 - Members First Credit Union -Mt. Pleasant Bluegrass
4490 E Blue Grass Rd, Mt Pleasant, MI 48858 - Members First Credit Union-Clare Office
650 W 5Th St, Clare, MI 48617 - Members First Credit Union-Evart Office
201 E 7Th St, Evart, MI 49631 - Members First Credit Union- Gladwin Office
1291 W Cedar Ave, Gladwin, MI 48624 - Members First Credit Union-Harrison Office
3641 N Clare Ave, Harrison, MI 48625 - Members First Credit Union-Mt Pleasant Broadway Office
4976 E Broadway St, Mt Pleasant, MI 48858 - Members First Credit Union - Kentwood Office
4429 Breton Rd Se, Grand Rapids, MI 49508 - Members First Credit Union - Jenison Office
195 Chicago Dr, Jenison, MI 49428 - Members First Credit Union - Saginaw
4955 Bay Rd, Saginaw, MI 48604
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