Credit Unions in Michigan
170 federally insured credit unions — Q1 2026 NCUA data
Michigan credit union statistics
Credit Unions
Federally insured in Michigan
Total Members
Combined membership
Total Assets
Combined industry assets
Avg Net Worth Ratio
Unweighted mean
Michigan Compared with the National Dataset
These are unweighted means across federally insured institutions in the Q1 2026 dataset. They describe reported ratios, not deposit insurance coverage, future performance, or an official NCUA rating.
Net worth ratio
Michigan: 12.63%
National: 14.35%
Assets per institution
Michigan: $705.1M
National: $578.3M
Members per institution
Michigan: 36K
National: 34K
Top 10 Credit Unions in Michigan
Ranked by total assets — Q1 2026
| Rank | Name | Total Assets | Members | CUScore |
|---|---|---|---|---|
| #1 | LAKE MICHIGAN | $16.9B | 531K | A+ |
| #2 | MICHIGAN STATE UNIVERSITY | $8.5B | 399K | A |
| #3 | DFCU FINANCIAL | $8.0B | 243K | A+ |
| #4 | GENISYS | $6.4B | 294K | A+ |
| #5 | UNITED | $4.4B | 191K | A+ |
| #6 | MICHIGAN SCHOOLS AND GOVERNMENT | $4.4B | 162K | A+ |
| #7 | ADVIA | $4.0B | 187K | A |
| #8 | LAKE TRUST | $2.9B | 181K | A |
| #9 | CONSUMERS | $2.9B | 153K | A |
| #10 | DOW | $2.6B | 84K | A |
Frequently Asked Questions
There are 170 federally insured credit unions in Michigan in the Q1 2026 NCUA Call Report dataset. These institutions collectively report $119.9B in assets and 6.1M members.
The unweighted average reported net worth ratio for credit unions in Michigan is 12.6%. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
The largest credit union headquartered in Michigan by reported total assets is LAKE MICHIGAN with $16.9B in assets in the Q1 2026 dataset.
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Data sourced from the NCUA Quarterly Call Report (Q1 2026). All financial data is for informational purposes only.