MICHIGAN LEGACY Credit Union Profile

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MICHIGAN LEGACY

Charter #62642 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (734) 285-0600

Fax: (734) 285-3264

Founding Date: N/A

Website: http://www.michiganlegacycu.org

Personnel & Operations

President: Golden, Kevin

Manager: Peters, Carma

FT Employees: 61

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 5

Hours: Lobby Mon. - Fri 9:00 am - 5:00 pm . Dri

Credit Union Profile Summary

MICHIGAN LEGACY is a FISCU Credit Union. With a total of 20,174 members [1], this institution manages approximately $218,659,791 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.31% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.56% [1].

Financial Snapshot

Total Assets [1]
$218,659,791

Total economic resources.

Total Loans [1]
$139,852,176

Total value of outstanding loans.

Total Deposits [1]
$191,531,643

Total funds deposited by members.

Members [1]
20,174

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.31%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.17%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
73.02%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 1.40%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -9.56%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -3.58%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

269 Oak St

Wyandotte, MI, 48192-5126
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 5 branches reported by MICHIGAN LEGACY (Charter #62642).

Main Office

Wyandotte Branch Main Office

Type: Corporate Office

269 Oak St

Wyandotte, MI 48192-5126

Phone: (734) 285-0600

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Flat Rock

Flat Rock Branch

Type: Branch Office

22855 Gibraltar Rd

Flat Rock, MI 48134

Phone: (734) 379-9125

Services: Member Services, ATM, Drive-Thru

Open in Directions

Highland

Highland Branch

Type: Branch Office

290 N John St

Highland, MI 48357

Phone: (248) 887-0666

Services: Member Services, ATM, Drive-Thru

Open in Directions

Pontiac

Pontiac Branch

Type: Branch Office

144 E Pike St

Pontiac, MI 48342

Phone: (248) 334-0568

Services: Member Services, ATM

Open in Directions

Warren

Warren Branch

Type: Branch Office

31130 Ryan Rd

Warren, MI 48092

Phone: (586) 756-5010

Services: Member Services, ATM, Drive-Thru

Open in Directions