A Note from the CEO
As Michigan First reflects on its 100-year anniversary as the oldest credit union in the state of Michigan, we are proud to share this milestone with our members and the community.It is remarkable to look back at how it all began. In 1926, nine teachers came together with a simple purpose: to help fellow teachers and their families. They founded a credit union with just $140 and from that small beginning grew the ability to lend, support one another, and create opportunities at a time when safety nets like Social Security and Medicaid did not yet exist. That origin story continues to reflect the foundation of credit unions everywhere.
Even after 100 years, what sets Michigan First apart is its ability to evolve while staying true to its purpose. We remain focused on delivering a high-quality member experience that is personal, supportive, and designed to make a meaningful difference in the lives of our members.
Looking ahead to the next century of service, the same principle we were founded on continues to guide us: people helping people.
— Jennifer Borowy, President/CEO
Impact Through Our Team
Members Every member story is made possible by the people behind the scenes who show up each day ready to listen, support, and find solutions. For many team members, their first experiences at the credit union become defining moments that shape how they understand our mission and the impact we have on the lives of our members.The stories that follow reflect those early impressions and lasting memories, from life-changing moments of stability to celebrations of homeownership and personal milestones. Together, they highlight what it means to put members first and the powerful difference a single moment of care can make.
Meaningful Moments
In my first year at Michigan First, I worked with a member of more than 40 years who had fallen on hard times and become homeless. She had finally secured an apartment but needed help with her deposit and first and last month’s rent. On a cold, rainy day, she arrived expecting we could not help. After reviewing her situation, she left with a check that secured stable housing for the next year. It was an emotional moment that changed both of our lives.— Jeff F.
Homeownership Across Generations
One of my favorite memories was working with a first-time homebuyer who was also a grandmother. I had the honor of attending the closing where her grandchildren were also present. The entire family was filled with pride and joy as they celebrated this milestone together. Her grandson, about five years old, smiled and danced with excitement. In that moment, she was showing her family that the American dream is still possible and that Michigan First can be part of making it a reality.— Dan S.