Charter 60522 · Lathrup Village, MI
Michigan First Credit Union
Michigan First Credit Union is a state-chartered credit union in Lathrup Village, Michigan, with $1.49 billion in assets and 160,186 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 15.80%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $1.49 billion
- -1.7% in a year
- Members
- 160,186
- -2.6% in a year
- Net worth ratio
- 15.80%
- Peer median 10.79%
- Loans 60+ days late
- 1.14%
- Peer median 0.67%
- Loans outstanding
- $1.08 billion
- +2.0% in a year
- Shares and deposits
- $1.10 billion
- +0.7% in a year
- Branches
- 32
- 510 employees
- Opened
- 1926
- Michigan charter
How Michigan First Credit Union compares
NCUA groups credit unions by size; Michigan First Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 15.80% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 1.14%, is higher than the group median of 0.67%. Loans grew 2.0% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 19 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 | $1.49 billion | 160,186 | $1.08 billion | 15.80% | 1.14% |
| Q1 2026 | $1.50 billion | 162,645 | $1.06 billion | 15.57% | 1.03% |
| Q4 2025 | $1.48 billion | 163,183 | $1.06 billion | 15.65% | 1.10% |
| Q3 2025 | $1.45 billion | 164,201 | $1.06 billion | 15.80% | 1.12% |
| Q2 2025 | $1.52 billion | 164,393 | $1.06 billion | 14.89% | 1.01% |
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 3.9 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 32 sites for Michigan 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.
- Evergreen Branch (main office)
27000 Evergreen Rd, Lathrup Village, MI 48076 - Gratiot Branch
21650 Gratiot Ave, Eastpointe, MI 48021 - New Center One Branch
3031 W Grand Blvd, Detroit, MI 48202 - Wyoming Branch
19200 Wyoming St, Detroit, MI 48221 - Louis Street Branch
50 Louis St Nw, Grand Rapids, MI 49503 - Southgate Kroger Branch
16705 Fort St, Southgate, MI 48195 - Brownstown Kroger Branch
20645 Gibraltar Rd, Brownstown Twp, MI 48183 - Roseville Kroger Branch
20891 E 13 Mile Rd, Roseville, MI 48066 - Rochester Hills Kroger Branch
65 S Livernois Rd, Rochester Hills, MI 48307 - Royal Oak Kroger Branch
2200 E 12 Mile Rd, Royal Oak, MI 48067 - Shelby Township Kroger Branch
7644 26 Mile Rd, Shelby Township, MI 48316 - Canton Kroger Branch
1905 N Canton Center Rd, Canton, MI 48187 - Commerce Walmart
3301 N Pontiac Trl, Commerce Township, MI 48390 - Novi Walmart
26090 Ingersol Dr, Novi, MI 48375 - Comstock Park Walmart
3999 Alpine Ave Nw, Comstock Park, MI 49321 - Grand Rapids Walmart
5859 28Th St Se, Grand Rapids, MI 49546 - Ypsilanti Kroger
2010 Whittaker Rd, Ypsilanti, MI 48197 - Canton Walmart
45555 Michigan Ave, Canton, MI 48188 - Sterling Heights Kroger
2051 18 Mile Rd, Sterling Heights, MI 48314 - Sterling Heights Walmart
33201 Van Dyke Ave, Sterling Heights, MI 48312 - Troy Walmart
2001 W Maple Rd, Troy, MI 48084 - Wyoming Walmart
355 54Th St Sw, Wyoming, MI 49548 - Meijer 8 Mile Detroit
1301 W 8 Mile Rd, Detroit, MI 48203 - Meijer Grand River Detroit
21431 Grand River Ave, Detroit, MI 48219 - Breton Branch
1815 Breton Rd Se, Grand Rapids, MI 49506 - Okemos Meijer
2055 W Grand River Ave, Okemos, MI 48864 - Lansing Marketplace Walmart
409 N Marketplace Blvd, Lansing, MI 48917 - Corktown Branch
2825 Trumbull St, Detroit, MI 48216 - Meijer Jackson Branch
2777 Airport Rd, Jackson, MI 49202 - Beltline Branch
5020 E Beltline Ave Ne Ste 101A, Grand Rapids, MI 49525 - Meijer Muskegon Branch
700 W Norton Ave, Norton Shores, MI 49441 - WSU Student Center Branch
5221 Gullen Mall, Detroit, MI 48202
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