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 MICHIGAN FIRST CREDIT UNION
MICHIGAN FIRST CREDIT UNION
| RSSD ID 549992 | CHARTER 60522 |
| 27000 Evergreen Road |
Quarter Ended : |
2025-03-31 |
| Lathrup Village, MI, 48076 |
Agency Update : |
2025-05-09 |
| 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 |
|
| Current Members : |
165,712 |
Potential Members : |
3,900,000 |
| Full-time Employees : |
496 |
Part-time Employees : |
3 |
|
| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 1,519,772,800 |
|
Total Interest Income | 19,708,265 |
| Total Liabilities | 1,317,755,059 |
|
Total NonInterest Income | 13,444,912 |
| Total Shares and Deposits | 1,107,636,477 |
|
Total Interest Expense | 4,297,879 |
| Total Equity | 222,850,654 |
|
Total NonInterest Expense | 23,875,725 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 222,850,654 |
|
Total Number | 95,596 |
| Net Worth Ratio | 14.66 |
|
Total Amount | 1,041,371,451 |
| Net Worth Classification | Well Capitalized |
|
Total Delinquent(60+ Days) Number | 845 |
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Total Delinquent(60+ Days) Amount | 10,342,090 |
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:· MICHIGAN FIRST CREDIT UNION
