The Most Popular Credit Union in Michigan, Ranked

Choose the credit union you think is the most popular!

Author: Gregor Krambs
Updated on May 13, 2024 06:34
For many in Michigan, choosing the right credit union can be as crucial as selecting a home mortgage or a new car. Credit unions often offer beneficial rates, community-focused borrowing options, and personalized customer service. Understanding which credit unions best meet these needs can help anyone make informed, impactful financial decisions. This dynamic ranking system offers a real-time visualization of public opinion on Michigan-based credit unions. By casting your vote, you contribute to a community-driven guide that highlights the top-rated credit unions in the state. Your participation not only helps others in their selection process but also ensures your favorite institution gets recognized for its excellence.

What Is the Most Popular Credit Union in Michigan?

  1. 1
    42
    votes

    Lake Michigan Credit Union

    Maxwell E. Cross
    With over $9 billion in assets and more than 400,000 members, Lake Michigan Credit Union is the largest credit union in Michigan. They offer a variety of financial products and services, including loans, checking and savings accounts, and investment options.
    Lake Michigan Credit Union is a popular credit union in Michigan that offers a wide range of financial products and services to its members. It is known for its excellent customer service, competitive interest rates, and convenient banking options.
    • Founded: 1933
    • Headquarters: Grand Rapids, Michigan
    • Number of Branches: 53
    • Membership Size: Over 400,000 members
    • Assets: $8.7 billion
  2. 2
    35
    votes
    MSUFCU has over 300,000 members and over $5 billion in assets. It was founded in 1937 to serve the financial needs of Michigan State University faculty and staff, but has since expanded to include anyone who lives, works, or worships in Michigan.
    The Michigan State University Federal Credit Union (MSUFCU) is a leading credit union in the state of Michigan. It was established in 1937 to serve the financial needs of the Michigan State University community and has grown to serve over 300,000 members. MSUFCU offers a wide range of financial services and products, including savings and checking accounts, loans, credit cards, and investment options.
    • Membership Eligibility: Open to anyone affiliated with Michigan State University and their immediate family members
    • Number of Members: Over 300,000
    • Branches: 20+ branches across Michigan
    • ATMs: 30,000+ surcharge-free CO-OP Network ATMs nationwide
    • Online Banking: Full-service online banking with mobile app
  3. 3
    26
    votes
    DFCU Financial is the third-largest credit union in Michigan, with over $5 billion in assets and more than 220,000 members. They offer a range of financial products and services, including loans, mortgages, and insurance.
    DFCU Financial is a prominent credit union in Michigan, dedicated to serving its members and their financial needs. With a strong focus on community and personalized service, DFCU Financial offers a range of financial products and services to help individuals and businesses achieve their goals. As a not-for-profit institution, their primary objective is to provide excellent customer service and competitive rates to their members.
    • Membership Eligibility: Open to anyone who lives, works, worships, or attends school in Michigan.
    • Services Offered: Savings accounts, checking accounts, loans, mortgages, credit cards, investment services, online and mobile banking.
    • Branch Network: DFCU Financial has a wide network of branches across Michigan, making it convenient for members to access their accounts and receive in-person assistance.
    • Community Involvement: DFCU Financial actively engages in community development initiatives, supporting local charities, educational programs, and financial literacy efforts.
    • Not-for-Profit Status: As a not-for-profit credit union, DFCU Financial is owned by its members and the earnings are reinvested to offer better rates, services, and benefits for its members.
  4. 4
    16
    votes
    Community Choice Credit Union has over $1 billion in assets and serves over 100,000 members in Michigan. They offer a variety of financial products and services, including checking and savings accounts, loans, and credit cards.
    Community Choice Credit Union is a popular member-owned financial cooperative in Michigan. It provides a wide range of banking and financial services to individuals, families, and businesses in the local community.
    • Founded: 1935
    • Headquarters: Farmington Hills, Michigan
    • Membership: Open to individuals and businesses in Michigan
    • Number of Members: Over 120,000
    • Branches: 19
  5. 5
    19
    votes
    Genisys Credit Union has over $3 billion in assets and serves over 220,000 members in Michigan. They offer a range of financial products and services, including loans, mortgages, and investment options.
    Genisys Credit Union is a highly popular credit union in Michigan that provides a wide range of financial services to its members. With a commitment to delivering exceptional member service, Genisys Credit Union strives to improve the financial well-being of individuals and communities.
    • Membership: Open to individuals who live, work, or worship in Michigan.
    • Branches: Over 30 branches across Michigan.
    • ATMs: Access to over 200 surcharge-free ATMs.
    • Products: Offers a variety of products including savings accounts, checking accounts, loans, credit cards, and investment services.
    • Technology: Provides convenient online and mobile banking services.
  6. 6
    8
    votes
    Michigan First Credit Union has over $1.2 billion in assets and serves over 130,000 members in Michigan. They offer a variety of financial products and services, including loans, mortgages, and credit cards.
    Michigan First Credit Union is a prominent financial institution that operates as a cooperative and serves the residents of Michigan. With a legacy dating back to 1926, it has grown to become the largest credit union in the state, offering a wide range of banking and financial services to its members.
    • Year Established: 1926
    • Location: Michigan, United States
    • Membership Size: Over 170,000 members
    • Assets: Over $1.4 billion
    • Branches: Over 20 branches
  7. 7
    11
    votes
    United Federal Credit Union has over $3 billion in assets and serves over 240,000 members in Michigan. They offer a range of financial products and services, including loans, mortgages, and investment options.
    United Federal Credit Union (UFCU) is one of the most popular credit unions in Michigan. It was founded in 1949 with the aim of providing financial services to the community. UFCU offers a wide range of banking products and services to its members, including checking and savings accounts, loans, mortgages, credit cards, and investment options.
    • Membership Eligibility: Anyone who lives, works, or goes to school in certain Michigan counties, as well as select counties in Indiana, Ohio, Arkansas, Kansas, Nevada, North Carolina, and Texas.
    • Branches: UFCU has multiple branches across Michigan, Indiana, Ohio, Arkansas, Kansas, Nevada, North Carolina, and Texas.
    • ATMs: Members have access to a vast network of surcharge-free ATMs across the United States.
    • Online and Mobile Banking: UFCU offers convenient online and mobile banking services, allowing members to manage their accounts, pay bills, transfer funds, and more.
    • Personal and Business Banking: UFCU provides comprehensive banking solutions for both personal and business banking needs.
  8. 8
    7
    votes

    Adventure Credit Union

    Adventure Credit Union
    Adventure Credit Union has over $1 billion in assets and serves over 90,000 members in Michigan. They offer a variety of financial products and services, including loans, checking and savings accounts, and investment options.
    Adventure Credit Union is one of the most popular credit unions in Michigan. It was founded in 1936 and has since grown to become a trusted financial institution for thousands of members. They offer a wide range of financial products and services designed to meet the needs of their diverse membership base. With a focus on personalized customer service, Adventure Credit Union strives to help its members achieve their financial goals and dreams.
    • Established: 1936
    • Location: Michigan
    • Membership Size: Thousands of members
    • Product Range: Wide range of financial products and services
    • Customer Service: Personalized customer service
  9. 9
    8
    votes

    Credit Union ONE

    Michigan credit union industry
    Credit Union ONE has over $1.5 billion in assets and serves over 140,000 members in Michigan. They offer a range of financial products and services, including loans, mortgages, and credit cards.
    Credit Union ONE is one of the most popular credit unions in Michigan. It offers a wide range of financial products and services to its members, including checking and savings accounts, loans, credit cards, and investment options. With a strong commitment to community involvement, Credit Union ONE actively supports local charitable organizations and initiatives. It prides itself on providing excellent customer service and personalized banking experiences. Whether individuals, families, or businesses, Credit Union ONE aims to help its members achieve their financial goals and build a strong future.
    • Membership: Open to individuals, families, and businesses in Michigan
    • Branches: Over 20 branches throughout Michigan
    • ATMs: Access to a large network of surcharge-free ATMs
    • Online Banking: Convenient online banking services available
    • Mobile Banking: Mobile app for easy access to accounts on the go
  10. 10
    15
    votes
    Alliance Catholic Credit Union has over $480 million in assets and serves over 45,000 members in Michigan. They offer a variety of financial products and services, including loans, checking and savings accounts, and investment options.
    Alliance Catholic Credit Union is a popular credit union based in Michigan. It was established to provide financial services to the Catholic community and has grown to serve a broader membership base. With a focus on values-driven banking, the credit union is committed to helping members achieve their financial goals while promoting ethical practices.
    • Membership: Open to all individuals and businesses
    • Location: Headquartered in Southfield, Michigan
    • Branches: Multiple branch locations throughout Michigan
    • Products and Services: Checking accounts, savings accounts, loans, credit cards, investment services, financial education
    • Community Involvement: Active in supporting local charities and community initiatives

Missing your favorite credit union?

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Discussion

Ranking factors for popular credit union

  1. Membership size
    The number of members a credit union has is a good indicator of its popularity, as it reflects the number of people who have chosen to use its services.
  2. Asset size
    A credit union's asset size indicates its financial strength and stability. Larger credit unions are generally considered more popular and trustworthy.
  3. Customer satisfaction
    Customer reviews and ratings can provide insight into a credit union's level of service and overall customer satisfaction, which is an important factor when determining popularity.
  4. Rates and fees
    Competitive interest rates and low fees are essential for attracting new members and maintaining current ones. Credit unions with more favorable rates and fees will be considered more popular.
  5. Branch and ATM network
    A credit union's accessibility through a wide range of branches or a partnership with a large ATM network can increase its popularity as it makes banking more convenient for its members.
  6. Products and services
    A comprehensive offering of products and services, including savings and checking accounts, loans, credit cards, and investment options, can contribute to a credit union's popularity.
  7. Online and mobile banking
    Easy-to-use online and mobile banking platforms are crucial for modern banking experiences, and credit unions with these services will likely be more popular among members.
  8. Community involvement
    Credit unions that are actively engaged in their local communities, through charitable efforts or sponsorship of events, can gain popularity and build trust with their members.
  9. Financial education and resources
    Access to financial education resources and tools can make a credit union more popular, as it demonstrates a commitment to helping members make informed decisions about their finances.
  10. Reputation
    A credit union's overall reputation, both locally and nationally, can contribute to its popularity. Those with a strong and positive reputation are likely to attract more members and garner more trust.

About this ranking

This is a community-based ranking of the most popular credit union in Michigan. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or union is missing, feel free to help improve the ranking!

Statistics

  • 2848 views
  • 185 votes
  • 10 ranked items

Voting Rules

A participant may cast an up or down vote for each union once every 24 hours. The rank of each union is then calculated from the weighted sum of all up and down votes.

More information on most popular credit union in michigan

When it comes to financial institutions in Michigan, credit unions have become a popular alternative to traditional banks. Credit unions are not-for-profit organizations that are owned and operated by their members, with a focus on providing low-cost financial services to their communities. With over 200 credit unions operating in Michigan, it can be difficult to determine which one is the most popular. However, through our extensive polling data, we have determined the credit union that has consistently ranked as the most popular among Michigan residents. So, without further ado, let's reveal the top credit union in Michigan!

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