How many credit unions are in Michigan?

There are 171 federally insured credit unions in Michigan according to the latest NCUA Q4 2025 Call Report data. These institutions collectively hold $115.4B in assets and serve 6.1M members.

What is the average net worth ratio for credit unions in Michigan?

The average net worth ratio for credit unions in Michigan is 12.8%. The NCUA considers a credit union "well-capitalized" when its net worth ratio is 7% or higher. A ratio above 10% is considered excellent and signals strong financial health.

Which is the largest credit union in Michigan?

The largest credit union in Michigan by total assets is LAKE MICHIGAN with $16.0B in assets. You can view full details, branch locations, and financial health data on its individual profile page.

Credit Unions in Michigan

171 federally insured credit unions — NCUA Q4 2025 data

Credit Unions

171

Federally insured in Michigan

Total Members

6.1M

Combined membership

Total Assets

$115.4B

Combined industry assets

Avg Net Worth Ratio

12.8%

Well-capitalized threshold: 7%

Cities in Michigan

Select a city to browse local credit unions

Muskegon9 credit unionsSAGINAW8 credit unionsGrand Rapids7 credit unionsWarren5 credit unionsDETROIT5 credit unionsAlpena5 credit unionsLANSING5 credit unionsBATTLE CREEK4 credit unionsTRAVERSE CITY4 credit unionsAuburn Hills4 credit unionsBay City4 credit unionsJACKSON4 credit unionsEscanaba3 credit unionsGRAND BLANC3 credit unionsKalamazoo3 credit unionsLivonia2 credit unionsFARMINGTON2 credit unionsWest Bloomfield2 credit unionsMarquette2 credit unionsWYOMING2 credit unionsPORT HURON2 credit unionsBrownstown2 credit unionsAlma2 credit unionsMANISTIQUE2 credit unionsMidland2 credit unionsAdrian2 credit unionsFlint2 credit unionsPlymouth2 credit unionsFarmington Hill2 credit unionsTaylor2 credit unionsSterling Height2 credit unionsRochester Hills1 credit unionEcorse1 credit unionChatham1 credit unionKINGSFORD1 credit unionPowers1 credit unionWestland1 credit unionSt Joseph1 credit unionIshpeming1 credit unionWolverine Lake1 credit unionFremont1 credit unionPetoskey1 credit unionCheboygan1 credit unionONAWAY1 credit unionBESSEMER1 credit unionLANSE1 credit unionHOUGHTON1 credit unionTrenton1 credit unionFRANKFORT1 credit unionSAINT JOHNS1 credit unionRock1 credit unionDOWAGIAC1 credit unionBINGHAM FARMS1 credit unionNiles1 credit unionTroy1 credit unionEast Lansing1 credit unionFife Lake1 credit unionLAKEVIEW1 credit unionBRUCE CROSSING1 credit unionMount Clemens1 credit unionNewberry1 credit unionLathrup Village1 credit unionRomulus1 credit unionSouthfield1 credit unionMT Pleasant1 credit unionNovi1 credit unionAnn Arbor1 credit unionNorton Shores1 credit unionKentwood1 credit unionLincoln Park1 credit unionMonroe1 credit unionFrankenmuth1 credit unionDearborn1 credit unionHoughton Lake1 credit unionLudington1 credit unionEDMORE1 credit unionManistee1 credit unionRoyal Oak1 credit unionSparta1 credit unionBrighton1 credit unionClinton Townshi1 credit unionWHITEHALL1 credit unionBUCHANAN1 credit unionAda1 credit unionMarshall1 credit unionIonia1 credit unionOshtemo1 credit unionHastings1 credit unionSault Sainte Ma1 credit unionDRUMMOND ISLAND1 credit unionGrand Haven1 credit unionFerndale1 credit unionWyandotte1 credit unionBERRIEN SPRINGS1 credit unionONTONAGON1 credit unionCadillac1 credit unionPortland1 credit union

Top 10 Credit Unions in Michigan

Ranked by total assets — Q4 2025

Rank	Name	Total Assets	Members	Health
#1	LAKE MICHIGAN	$16.0B	523K	A+
#2	MICHIGAN STATE UNIVERSITY	$8.4B	397K	A
#3	DFCU FINANCIAL	$7.8B	242K	A+
#4	GENISYS	$6.2B	296K	A
#5	MICHIGAN SCHOOLS AND GOVERNMENT	$4.3B	161K	A+
#6	UNITED	$4.2B	190K	A+
#7	ADVIA	$3.9B	197K	A
#8	LAKE TRUST	$2.8B	179K	A
#9	CONSUMERS	$2.7B	152K	A
#10	DOW	$2.6B	84K	A