Michigan First

Lathrup village, MI #60522 Mid ($500M–$2B) Healthy Low-Income CDFI ⚡ FedNow ⚠ 1 Enforcement CEO: Jennifer Borowy

Assets

$1.5B

▼ 0.8%

Members

160,186

▼ 1.5%

Loans

$1.1B

▲ 1.8%

Net Worth

15.80%

▲ 0.23

ROA

0.59%

▼ 0.18

Delinquency

1.14%

▲ 0.11

Merger History · NCUA Records

Continuing institution in 1 reported approval pair

· TEAMSTERS DETROIT, MI · First reported 2024-09 · POOR FINANCIAL CONDITION · Reported assets: $14.6M

Pending Filings

Receiving Teamsters 2024-10-23 · Docket NCUA-2024-0099

MAIR approvals do not establish whether or when a merger closed. View all NCUA merger filings →

Tools & Analysis // Michigan First

Scorecard Performance Report Research Report 🔒 Time-Series 🔒 Forecasting 🔒 Peer Group 🔒 Stress Test 🔒 HMDA Mortgage 🔒 Branch Explorer 🔒

Financial Performance

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Efficiency Ratio

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Net Interest Margin

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HMDA Mortgage Lending

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Denial Rate

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Avg Rate

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Institutional Analysis // Strengths // Risks // Opportunities

Quarterly History // Deposit Mix // Income Statement

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