Compensation

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We Offer Attractive Compensation Packages
As a member of our team, you’ll benefit from our world class compensation packages.

compensation401k
As a team member, you will become eligible for our 401k program 60 days from your hire date. You will be fully vested after two years. Through payroll deductions, you will be able to:

  • Direct up to 60% of gross salary, with maximum contributions equal to federal guidelines
  • Receive employer matches on contributions up to 5%

Concierge Services
Tired of finding the time to get your oil changed or dropping off your dry cleaning? As a Michigan First team member, you have access to a concierge service. The service reduces stress by helping team members balance the demands of their personal and professional lives. Team members are provided with assistance with nearly any item on their to-do list at no extra charge.

Life Insurance
We take care of our team members and their families by providing life insurance at no cost. We also offer the opportunity to apply for additional coverage.

  • Basic life
  • Accidental Death and Dismemberment Insurance (AD&D)

Tuition Assistance
We back your quest to boost your educational background! Receive reimbursement for degree programs that are approved and directly related to your work. Further your career with the credit union by reaching your dreams.

Loan Discounts
Need a new car, home or just some extra cash? We provide loan discounts for our team members. We could save you thousands!

Financial Incentives
In addition to base compensation and benefits package, we also offer the opportunity for extra raises and bonuses.

  • We frequently review our salary ranges to ensure we’re treating you fairly and staying consistent with the market
  • We provide yearly performance evaluations and potential merit increases
  • Good at selling? We encourage needs-based selling. If you hit certain milestones you get cash bonuses

Team Member Referral Program
Talent is what makes us strong. We offer our team members a $200 bonus to refer the best and the brightest talent to Michigan First Credit Union. The bonus is paid out after 90 days of successful employment.