Charter 62642 · Wyandotte, MI
Michigan Legacy Credit Union
Michigan Legacy Credit Union is a state-chartered credit union in Wyandotte, Michigan, with $227 million in assets and 17,910 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 12.45%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $227 million
- +3.7% in a year
- Members
- 17,910
- -11.2% in a year
- Net worth ratio
- 12.45%
- Peer median 11.65%
- Loans 60+ days late
- 0.46%
- Peer median 0.70%
- Loans outstanding
- $134 million
- -4.0% in a year
- Shares and deposits
- $198 million
- +3.6% in a year
- Branches
- 5
- 63 employees
- Opened
- 1946
- Michigan charter
How Michigan Legacy Credit Union compares
NCUA groups credit unions by size; Michigan Legacy Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 12.45% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.46%, is lower than the group median of 0.70%. Loans fell 4.0% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 75 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 | $227 million | 17,910 | $134 million | 12.45% | 0.46% |
| Q1 2026 | $224 million | 18,249 | $137 million | 12.52% | 0.62% |
| Q4 2025 | $213 million | 18,772 | $143 million | 12.98% | 0.71% |
| Q3 2025 | $214 million | 19,949 | $136 million | 12.89% | 0.70% |
| Q2 2025 | $219 million | 20,174 | $140 million | 12.31% | 0.94% |
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 5 sites for Michigan Legacy Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Pontiac Branch
144 E Pike St, Pontiac, MI 48342 - Wyandotte Branch (main office)
269 Oak St, Wyandotte, MI 48192 - Flat Rock Branch
22855 Gibraltar Rd, Flat Rock, MI 48134 - Highland Branch
290 N John St, Highland, MI 48357 - Warren Branch
31130 Ryan Rd, Warren, MI 48092
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