Sep, 30, 2025 — MEMBERFOCUS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in FARMINGTON, MI with 6 branch locations and about $462.49 million in total assets. Opened 91 years ago in 1935, MEMBERFOCUS COMMUNITY CREDIT UNION has about 27,694 members and employs 92 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERFOCUS COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 22981 Farmington Rd FARMINGTON, MI 48336-3915 |
| Phone: | (248) 474-2502 |
| Fax: | |
| Website: | https://www.loccreditunion.com |
| Branches: | 6 branch locations |
| Members: | 27,694 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61404 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $462,494,318 |
| CEO/Manager: | Stephen Grech |
| Chairperson: | Paul J Renko |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,306,568 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 161,382,282 |
| Unsecured Loans | 8,389,746 |
| Other Loans | 84,057,150 |
| TOTAL LOANS | 253,829,178 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -992,082 |
| Land And Building | 9,730,553 |
| Other Fixed Assets | 1,027,135 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,109,243 |
| All Other Assets | 0 |
| TOTAL ASSETS | 462,494,318 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 373,583 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,623,940 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 97,687,486 |
| Regular shares | 168,654,480 |
| All Other Shares & Deposits | 147,113,351 |
| TOTAL SHARES & DEPOSITS | 413,455,317 |
| TOTAL LIABILITIES | 419,452,840 |
| Regular Reserve | 0 |
| Other Reserves | 1,338,675 |
| Undivided Earnings | 41,702,803 |
| TOTAL EQUITY | 43,041,478 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 462,494,318 |
| INCOME & EXPENSE | |
| Loan Income | 10,475,139 |
| Investment Income | 4,308,290 |
| Other Income | 1,489,172 |
| Total Employee Compensation & Benefits | 6,300,675 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,105,574 |
| Non-operating Income & (Expense) | -424 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 127,541 |
| Cost of Funds | 2,460,552 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,060,213 |
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