Credit union · NCUA insured
FinancialEdge Credit Union
Top CarrotA $144.8M credit union headquartered in Bay City, MI, with 8,792 members and 2 branches in Michigan. Best rates: CDs 3.80% and savings 0.12% APY.
FinancialEdge Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 81% of U.S. banks and credit unions
#6 of 16 in Bay City, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About FinancialEdge Credit Union
Organized in 1950 as Bay City Municipal Federal Credit Union, FinancialEdge Credit Union is a member-owned, not-for-profit financial cooperative.
The credit union later became Bay Governmental Credit Union before adopting a community charter and its current name in 2003.
FinancialEdge Credit Union serves individuals across Arenac, Bay, Gladwin, Huron, Midland, Saginaw, Sanilac, and Tuscola counties in Michigan.
- Headquarters
- 1199 S Euclid Ave, Bay City, MI 48706
- NCUA charter
- 61619
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons whose residence, employment, place of religious worship, or who are attending school in Arenac, Bay, Gladwin, Huron, Midland, Saginaw, Sanilac, or Tuscola counties.
Employers and groups
- Employees of this credit union.
Family and household
- Members of the immediate families of eligible persons.
- A spouse of a deceased member if accepted into membership prior to remarriage.
Other ways
- Any legal entity comprised for the most part of the same general group as the membership of the credit union.
- Any person receiving a retirement annuity, pension, social security, or similar retirement payment from private/government sources who lives in or belongs to a retirement organization in the county (or contiguous county) where the credit union's principal place of business is located.
Cost to join
- A $5 deposit to open a share savings account is required for membership.
Branches
2 branches in Michigan
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Michigan
2 branches
- Euclid OfficeMain office1199 S Euclid Ave, Bay City, MI 48706Directions
- Center Office2601 Center Ave, Bay City, MI 48708Directions
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 | 12.29% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.66% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.72% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $66 | $76 | — |
- CapitalNet worth ratio12.29%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.66%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.72%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$66Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 FinancialEdge Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.