credit union · NCUA 60522 · MI
How big is MICHIGAN FIRST?
MICHIGAN FIRST (MI, NCUA charter 60522) reported total assets of $1.5B, 160,186 members and a net worth ratio of 15.80% in its Call Report for 2026Q2. That ranks 335 of 4,299 federally insured credit unions by assets, 310 of 454 among credit unions with $1b-$10b in assets, 19 of 169 credit unions in michigan.
What stands out
MICHIGAN FIRST (MI, NCUA charter 60522) reported total assets of $1.5B, 160,186 members and a net worth ratio of 15.80% in its Call Report for 2026Q2. That ranks 335 of 4,299 federally insured credit unions by assets, 310 of 454 among credit unions with $1b-$10b in assets, 19 of 169 credit unions in michigan. Against its size class: net worth ratio 15.80%, above the peer median of 10.89%; loan-to-share ratio 97.42%, above the peer median of 88.03%; return on assets 0.59%, below the peer median of 0.80%. At 15.80% its net worth ratio is above the 7% NCUA threshold, which puts it in the "well capitalised" band of prompt corrective action; the regulator applies further tests, this page does not.
Key figures, 2026Q2
As filed with the NCUA; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same quarter.
| Measure | 2026Q2 | Median, size class | Median, state | Median, all | Evidence |
|---|---|---|---|---|---|
| Total assets | $1.5B | $2.1B | $186.5M | $68.3M | record → |
| Shares and deposits | $1.1B | $1.8B | $160.8M | $58.3M | record → |
| Loans outstanding | $1.1B | $1.5B | $115.9M | $34.4M | record → |
| Net income (year to date) | $4.4M | $8.3M | $792.8k | $222.2k | record → |
| Net worth | $235.4M | $244.6M | $22.8M | $9.0M | record → |
| Net worth ratio | 15.80% | 10.89% | 12.03% | 12.65% | record → |
| Loan-to-share ratio | 97.42% | 88.03% | 68.71% | 68.70% | computed |
| Return on assets | 0.59% | 0.80% | 0.92% | 0.71% | computed |
| Members | 160,186 | 115,183 | 13,435 | 4,818 | record → |
Quarter by quarter
45 Call Reports on record, 2015Q2–2026Q2; the 40 most recent shown.
| Quarter | Total assets | Shares | Loans | Net income YTD | Net worth ratio | Members | Rank |
|---|---|---|---|---|---|---|---|
| 2026Q2 | $1.5B | $1.1B | $1.1B | $4.4M | 15.80% | 160,186 | 335 |
| 2026Q1 | $1.5B | $1.1B | $1.1B | $2.9M | 15.57% | 162,645 | 326 |
| 2025Q4 | $1.5B | $1.1B | $1.1B | $10.7M | 15.65% | 163,183 | 325 |
| 2025Q3 | $1.5B | $1.0B | $1.1B | $8.9M | 15.80% | 164,201 | 332 |
| 2025Q2 | $1.5B | $1.1B | $1.1B | $5.3M | 14.89% | 164,393 | 314 |
| 2025Q1 | $1.5B | $1.1B | $1.0B | $2.5M | 14.66% | 165,712 | 313 |
| 2024Q4 | $1.5B | $1.1B | $1.0B | $16.9M | 15.01% | 166,043 | 317 |
| 2024Q3 | $1.5B | $1.0B | $1.0B | $13.1M | 14.80% | 165,037 | 319 |
| 2024Q2 | $1.5B | $1.1B | $1.0B | $10.9M | 14.50% | 166,064 | 319 |
| 2024Q1 | $1.5B | $1.1B | $1.0B | $6.8M | 13.84% | 167,459 | 314 |
| 2023Q4 | $1.5B | $1.0B | $1.1B | $17.4M | 13.45% | 167,996 | 309 |
| 2023Q3 | $1.5B | $1.0B | $1.1B | $14.7M | 13.35% | 190,754 | 307 |
| 2023Q2 | $1.5B | $1.1B | $1.1B | $10.4M | 12.85% | 189,650 | 301 |
| 2023Q1 | $1.5B | $1.1B | $1.1B | $4.3M | 12.53% | 188,523 | 302 |
| 2022Q4 | $1.5B | $1.1B | $1.1B | $15.4M | 12.53% | 187,715 | 307 |
| 2022Q3 | $1.5B | $1.1B | $1.1B | $11.5M | 11.96% | 187,923 | 296 |
| 2022Q2 | $1.5B | $1.2B | $1.0B | $8.3M | 12.13% | 187,210 | 302 |
| 2022Q1 | $1.5B | $1.3B | $937.0M | $4.8M | 11.62% | 186,722 | 293 |
| 2021Q4 | $1.5B | $1.2B | $915.6M | $22.5M | 11.48% | 185,935 | 291 |
| 2021Q3 | $1.5B | $1.2B | $899.7M | $16.4M | 11.19% | 185,026 | 293 |
| 2021Q2 | $1.5B | $1.2B | $884.4M | $10.0M | 10.71% | 183,566 | 288 |
| 2021Q1 | $1.4B | $1.2B | $862.6M | $4.6M | 10.52% | 179,437 | 291 |
| 2020Q4 | $1.3B | $1.1B | $842.4M | $10.4M | 11.11% | 175,379 | 293 |
| 2020Q3 | $1.3B | $1.1B | $805.5M | $5.9M | 10.97% | 172,529 | 290 |
| 2020Q2 | $1.2B | $983.0M | $739.9M | $2.5M | 11.36% | 166,285 | 302 |
| 2020Q1 | $1.0B | $805.5M | $678.3M | $1.4M | 13.24% | 163,664 | 331 |
| 2019Q4 | $980.1M | $746.1M | $668.8M | $8.0M | 13.96% | 161,235 | 342 |
| 2019Q3 | $995.5M | $741.9M | $664.5M | $6.2M | 13.57% | 158,938 | 324 |
| 2019Q2 | $974.9M | $733.8M | $661.8M | $3.0M | 13.52% | 155,590 | 330 |
| 2019Q1 | $979.3M | $736.2M | $652.4M | $1.4M | 13.47% | 154,005 | 325 |
| 2018Q4 | $925.2M | $681.3M | $665.0M | $6.8M | 13.92% | 150,759 | 333 |
| 2018Q3 | $908.1M | $672.6M | $661.4M | $5.5M | 14.03% | 148,346 | 337 |
| 2018Q2 | $919.8M | $689.0M | $635.0M | $4.2M | 13.91% | 144,533 | 329 |
| 2018Q1 | $914.4M | $688.2M | $605.8M | $2.2M | 13.77% | 142,214 | 332 |
| 2017Q4 | $863.5M | $638.1M | $593.2M | $4.5M | 14.11% | 138,741 | 339 |
| 2017Q3 | $859.5M | $632.5M | $576.9M | $4.1M | 14.33% | 136,365 | 336 |
| 2017Q2 | $836.8M | $650.3M | $541.5M | $2.8M | 14.56% | 133,254 | 341 |
| 2017Q1 | $816.6M | $649.5M | $506.4M | $1.2M | 14.73% | 131,110 | 347 |
| 2016Q4 | $785.1M | $618.1M | $509.4M | $7.4M | 15.23% | 127,769 | 350 |
| 2016Q3 | $768.6M | $610.5M | $501.0M | $5.7M | 15.35% | 125,853 | 353 |
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