We provide tools, education, and personalized guidance to help members manage everyday finances and plan for what comes next.
Started as Detroit Teachers Credit Union
Serving Michigan since 1926
Now serving more than 160,000 members
Built on trust. Focused on your future.
Since opening our doors as Detroit Teachers Credit Union in 1926, Michigan First has remained committed to helping people achieve their financial goals. What began as a small credit union serving educators has grown into Michigan's longest-standing credit union, now serving more than 160,000 members through 32 branch locations.
While we've grown over the past century, one thing has never changed: our commitment to putting members first. We take the time to understand your unique goals, provide personalized financial guidance, and continually enhance our products, services, and digital banking experience to better meet your needs. Whether you prefer to bank in person or on the go, we're here to make managing your finances easier - today and for years to come.
Who we are today
Michigan First offers a broad range of financial services, including personal banking, business banking, mortgages, lending, insurance, and other financial solutions. Members can access support digitally and through branch and mortgage locations across Metro Detroit, Grand Rapids, and the Lansing area.
Our commitment goes beyond banking
Supporting Our Members
Investing in Communities
Through community partnerships, charitable giving, scholarships, and the Michigan First Foundation, we support organizations and individuals making a difference across Michigan.
Growing With Michigan
As our members’ needs have changed, Michigan First has continued to evolve - expanding our services, technology, and reach while maintaining the member-first approach that has shaped the credit union for generations.
Frequently asked questions
Michigan First Credit Union is a member-owned, not-for-profit financial institution serving individuals, families, and businesses across Michigan. Founded in Detroit in 1926, Michigan First offers checking and savings accounts, loans, mortgages, business banking, and other financial services to more than 160,000 members.
Michigan First has branches throughout Metro Detroit, West Michigan, and mid-Michigan, including locations in the Detroit, Grand Rapids, and Lansing areas. Members also have access to shared branches and more than 1,600 surcharge-free ATMs across Michigan through the CO-OP Network.
Credit unions and banks offer many of the same financial services, but they have different ownership structures. A credit union is a not-for-profit financial cooperative owned by its members, while a bank is generally a for-profit institution owned by shareholders. As a credit union, Michigan First is able to return profits to our members in the form of lower loan rates, higher savings rates, and more.
Michigan First members have access to approximately 30,000 surcharge-free ATMs nationwide through the CO-OP ATM network, including more than 1,600 in Michigan. Use Michigan First’s location finder or the Michigan First mobile app to find a participating ATM near you. The owner of an ATM outside the network may charge a fee.
Yes. Michigan First participates in the CO-OP Shared Branch network, giving members access to participating credit union locations beyond Michigan First’s own branches. Services vary by location, so check the location details and bring a valid government-issued ID before visiting.
When choosing a local credit union, consider membership eligibility, branch and ATM access, digital banking capabilities, account fees, deposit rates, loan options, and the availability of personalized support. Michigan First offers a broad range of personal and business banking, lending and financial services, along with locations throughout Michigan and access to a nationwide network of surcharge-free ATMs.
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