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Michigan First
Lathrup Village, MI · NCUA Charter #60522 · State charter, federally insured · Chartered 1926
Total assets
$1.49B
Shares & deposits
$1.10B
Total loans
$1.08B
Members
160,186
Net worth
$235.37M
Branches
32
Rank: #335 of 4,299 U.S. credit unions by assets · #19 of 169 in Michigan. Assets changed -1.7% and membership -2.6% over the year to June 30, 2026.
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Key ratios
| Net worth ratio (capital) | 15.80% |
| Return on assets (annualized, approx.) | 0.00% |
| Delinquent loans, 2+ months (share of loans) | 0.77% |
| Loans to shares & deposits | 97.4% |
| Net income (YTD) | $0 |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.47B | $1.24B | $0 | $177.94M |
| Jun 2023 | $1.52B | $1.08B | $0 | $195.43M |
| Jun 2024 | $1.47B | $1.08B | $0 | $213.38M |
| Jun 2025 | $1.52B | $1.10B | $0 | $225.63M |
| Jun 2026 | $1.49B | $1.10B | $0 | $235.37M |
Branch footprint
| State | Branches |
|---|---|
| Michigan | 32 |
Similar-sized credit unions
Centris ($1.49B) · United States Senate ($1.49B)
Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.
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