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MICHIGAN FIRST CREDIT UNION
MICHIGAN FIRST CREDIT UNION
RSSD ID 549992 | CHARTER 60522 |
27000 Evergreen Road |
Quarter Ended : |
2025-06-30 |
Lathrup Village, MI, 48076 |
Agency Update : |
2025-07-22 |
http://www.michiganfirst.com |
Institution Profile |
Chartered : |
1926 |
Institution Type : |
Credit Union |
Credit Union Type : |
State |
Federal Regulator : |
NCUA |
Membership Type : |
State chartered natural person credit union |
Statistical Area (MSA) : |
Not Available |
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Number of Offices : |
33 |
Current Members : |
164,393 |
Potential Members : |
3,900,000 |
Full-time Employees : |
517 |
Part-time Employees : |
2 |
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Financial Fast Facts |
Balance Sheet |
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Income Statement (ytd) |
Total Assets | 1,515,510,339 |
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Total Interest Income | 40,191,246 |
Total Liabilities | 1,309,731,280 |
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Total NonInterest Income | 27,413,709 |
Total Shares and Deposits | 1,096,995,313 |
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Total Interest Expense | 8,646,482 |
Total Equity | 225,634,446 |
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Total NonInterest Expense | 47,995,454 |
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PCA Net Worth |
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Loans & Leases |
Total Net Worth | 225,634,446 |
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Total Number | 72,430 |
Net Worth Ratio | 14.89 |
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Total Amount | 1,055,770,415 |
Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 819 |
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Total Delinquent(60+ Days) Amount | 10,661,418 |
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