7 Michigan Credit Unions Named Best to Work For in 2021

American Banker (formerly Credit Union Journal) released their annual list of Best Credit Unions to Work For, featuring 55 national credit unions.

“From providing stipends for home office expenses to increased access to telehealth visits to safely bringing employees back to the office, these credit union executives placed employees’ needs first,” said W.B. King of American Banker.

Of the 55 credit unions listed, seven are based in Michigan: Consumers Credit Union, MSU Federal Credit Union, University of Michigan Credit Union, Michigan First Credit Union, Astera Credit Union, Arbor Financial Credit Union, Financial Plus Credit Union.

“I am proud to see such strong representation for Michigan credit unions on Annual Banker’s annual list of Best Credit Unions to Work For,” said MCUL CEO Patty Corkery. “Our state’s credit union movement works tirelessly to create vibrant workplace cultures where team members not only feel comfortable but are also able to grow and thrive, professionally.”

The piece cited the following workplace benefits:

• Consumers Credit Union: military leave, stress-relief efforts and a social intranet space
• MSU Federal Credit Union: extended parental leave, employee recognition videos and quarterly mental, physical and financial health challenges
• University of Michigan Credit Union: onsite personal development, stress management workshops and home office credits
• Michigan First Credit Union: team learning and appreciation days, retiree health benefits and performance incentive plans
• Astera Credit Union: tuition reimbursement, career development program and free financial counseling and resources
• Arbor Financial Credit Union: events at the ballpark and monthly prize-based challenges
• Financial Plus Credit Union: employee engagement group, incentivized fraud protection program participation and cross-training programs

“Many credit unions have a strong reputation for their commitment to the communities they serve,” said Bonnie McGeer, executive editor of American Banker. “But this annual ranking is meant to recognize those that do the best job of investing in their employees, going above and beyond to enhance job satisfaction, career development, and personal growth.”