Credit union · NCUA insured
Family First Credit Union
Top CarrotA $100.5M credit union headquartered in Saginaw, MI, with 5,405 members and 4 branches in 2 states. Best rates: CDs 4.50% and savings 0.05% APY.
Family First Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#5 of 22 in Saginaw, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Family First Credit Union
Founded in 1939 as a financial haven for Saginaw's municipal employees, Family First Credit Union is a member-owned consumer financial cooperative.
Formerly Saginaw Municipal Employees Credit Union, it operates from Saginaw, Michigan, serving Saginaw, Bay, Midland, and Genesee counties.
- Headquarters
- 1011 N Michigan Ave, Saginaw, MI 48602-4326
- NCUA charter
- 61909
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone residing, working, worshiping, or attending school in Saginaw, Bay, Midland, or Genesee Counties is eligible for membership.
Family and household
- Relatives by blood, marriage, or foster children living in an existing member's household are eligible for membership.
Other ways
- Retirees aged 55 or older receiving a pension and living within Saginaw, Bay, Midland, or Genesee Counties are eligible for membership.
Branches
4 branches in 2 states
Loading map…
Michigan
3 branches
- Saginaw OfficeMain office1011 N Michigan Ave, Saginaw, MI 48602Directions
- Freeland Office6900 Midland Rd, Freeland, MI 48623Directions
- Kochville Office3550 Tittabawassee Rd, Saginaw, MI 48604Directions
Florida
1 branch
- Valera Shared Service Centers615 Channelside Dr Ste 204, Tampa, FL 33602Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.98% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.62% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.25% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $54 | $59 | — |
- CapitalNet worth ratio9.98%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.62%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.25%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$54Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Family First Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.