NCUA merger report, Q4 2025
First Area merger into Credit Union 1
NCUA's Merger Activity and Insurance Report for Q4 2025 lists First Area, of Saginaw, MI, as merging into Credit Union 1, of Lombard, IL. NCUA records the reason as "expanded services". First Area last filed a call report for Q4 2025, with $38.5M in assets and 2,872 members.
Members of First Area become members of Credit Union 1. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | First AreaQ4 2025 | Credit Union 1Q2 2026 |
|---|---|---|
| Assets | $38.5M | $2.9B |
| Members | 2,872 | 172,066 |
| Net worth ratio | 10.44% | 10.91% |
| Offices | – | 49 |
| Paid on deposits | – | 1.19% |
| New auto loan rate | – | 5.24% |
| Fee income per member | – | $97 |
Figures for First Area are from its call report for Q4 2025; this page carries only its size and capital. Assets for the report quarter: $39.6M merging, $1.9B continuing.
On our member-value score, built only from call-report data, Credit Union 1 scores 37.9 out of 100.
Credit Union 1 offices near Saginaw
From NCUA's branch file for Q2 2026, in Saginaw first and then elsewhere in MI. Every Credit Union 1 location
Bay City, MI 2
- Bay City 415 Washington Ave, Bay City, MI 48708 Drive-through · ATM
- Euclid 1002 W Indiana St, Bay City, MI 48706 Drive-through · ATM
Birch Run, MI 1
- Birch Run 9315 Tiffany Blvd, Birch Run, MI 48415 Drive-through · ATM
Fraser, MI 1
- Fraser 34200 Utica Rd, Fraser, MI 48026
Hemlock, MI 1
- Hemlock 16630 Gratiot Rd, Hemlock, MI 48626 Drive-through · ATM
Niles, MI 1
- Niles 1012 S 11Th St, Niles, MI 49120 ATM
Saginaw, MI 1
- Shields 913 Campbell Ln, Saginaw, MI 48601 Drive-through · ATM
Source: NCUA Merger Activity and Insurance Report, Q4 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Credit Union 1 full figures
Questions people ask
Did First Area merge?
Yes. NCUA's Merger Activity and Insurance Report for Q4 2025 lists First Area, of Saginaw, MI, as merging into Credit Union 1, of Lombard, IL. Its last call report was for Q4 2025.
Why did First Area merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my First Area account?
Members and their accounts move to Credit Union 1, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Credit Union 1 sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Credit Union 1 is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Credit Union 1 before the merger, your balances are now at one credit union.