MEMBERS FIRST

PO BOX 2165
Midland, MI 48641

Notable Rates APY Vs.Others
Savings 0.15% 2.60% →
1-Year CD 2.02% 2.25% →
2-Year CD 2.10% 2.50% →
5-Year CD 2.55% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Members First is an NCUA insured institution located in Midland, MI. It was founded in 1936 and has approximately $529.46 millions in assets.

Who can join?

All those persons who live, work, worship, or attend school or post-high school in the following Michigan counties: Midland, Clare, Gladwin, Isabella, Gratiot, Osceola, Saginaw, or Bay.

Employees and students of the schools in the County of Midland, Michigan, and the Midland City Education Association

Employees and students of Delta College, Saginaw-Bay City, Michigan, who live or work in the County of Midland, Michigan.Employees or members of employer groups or other organized groups, which are located within 25 Miles of the credit union’s main office.

Any person over the age of 55 who receives a retirement annuity, pension, social security, or similar retirement payment from private or government sources, and lives in, or belongs to, a retirement organization located in the county or in a county contiguous to the county where the credit union’s main office is located.

Employees of this credit union.

Immediate family of existing Members First Credit Union members.

Organizations incorporated or otherwise, composed for the most part of the same general group making up the membership outlined above.

A spouse of a deceased member may be elected to membership at any time prior to remarriage.

NCUA Insured Yes
Charter Number # # 62076
Date Established 1936
Assets $529.46 million
Loans $336.42 million
Deposits $462.97 million
Capital $59.82 million
 

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Clare, Midland, Gladwin, Gratiot, Isabella, Bay, Osceola, and Saginaw Counties in Michigan. Membership is also open to students and employees of Midland County schools and the Midland City Education Association and Delta College who live or work in Midland County.

Deposit Rates - November 19, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.35% $1,000 $4,999 Learn MoreShow Less
Money Market
0.41% $10,000 - Learn MoreShow Less
Premium Money Market Account
0.45% $10,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.16% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.31% $1,000 - Learn MoreShow Less
12 Mo CD
2.02% $1,000 - Learn MoreShow Less
24 Mo CD
2.10% $1,000 - Learn MoreShow Less
36 Mo CD
2.41% $1,000 - Learn MoreShow Less
48 Mo CD
2.51% $1,000 - Learn MoreShow Less
60 Mo CD
2.55% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.15% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 $2,499 Learn MoreShow Less
Int Ckg
0.20% $2,500 $9,999 Learn MoreShow Less

Loan Rates - November 19, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MEMBERS FIRST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.534% 3.500% 0.38 $1,065 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.568% 3.500% 0.50 $2,150 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to MEMBERS FIRST
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Members First branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Members First Locations


Financial Details

Members First Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Members First. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Members First U.S. Average
2.97% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Members First had $1,689,352 in non-current loans and $191,363 in owned assets. To cover these potential losses it had $59,816,172 in net worth and $3,443,910 in loans loss reserves. That gives it a Texas Ratio of 2.97%.

Net Worth
Members First U.S. Average
11.29% 13.65%

Members First FCU has a net worth of 11.29% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Members First

Branches and Savings

What is Members First?

A federal credit union, registered with the NCUA under certificate #62076.
Learn more about credit unions here.

Is Members First FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Members First?

Please see Field of Membership information above for information on who is eligible to join.

What are Members First's share account and share certificate rates?

Members First's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Members First?

Members First has total capital of $59.82 million. Full information on Members First's financial position is located above.

Who owns Members First?

Credit Unions are owned by their members.

Where are Members First branches located?

See branch locations nearby.

Are Members First ATMs Open 24/7?

Do Members First ATMs accept cash deposits?

Can Members First customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Members First have a mobile app?

Does Members First have mobile deposit?

Does Members First have quick pay?

How can Members First transfer money to other banks or credit unions?

Does Members First report to credit bureaus?

Does Members First use Chexsystems?

Does Members First use Equifax?

What is Members First's toll free phone number?

What is Members First's ACH Routing Number?

What is Members First's SWIFT code?

Where can I find Members First's wire transfer form?

What is the Members First address for deposits?

What Products Does Members First Offer

Does Members First offer mortgages?

Compare mortgage rates here.

Does Members First offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Members First offer auto and RV loans?

Compare auto loan rates here.

Does Members First offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Members First

There are currently no comments for Members First. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →