Page 6 - 2022 Impact Report
P. 6

6                                                                                 CREDIT UNION IMPACT REPORT


                   SERVING EVERY CORNER




                                                              OF MICHIGAN






                                                                                                Michigan credit
                                                                                             unions are spread

                                                                                                throughout the
                                                                                               state, with more
                                                                                           than 1,100 locations

                                                                                          and nearly 1,700 fee-
                                                                                             free ATMs serving

                                                                                                our 5.77 million
        MICHIGAN DATA:                                                                                members.

        • Population: 10M
        • Households: 3.9M

        • Median HouseholdIncome: $29.7K
        • Total Employment: 4.5M

        • Persons in poverty: 13.9%                                                                  208
                                                                                                 Credit Unions

                                                       Credit Union Density Map


             MICHIGAN CREDIT UNION MEMBERSHIP CONTINUES TO RISE

                                                   Membership in Millions
           5.8                                                                                            5.77


           5.6                                                                                 5.6
                                                                                    5.5
           5.4                                                           5.4


                                                             5.2
           5.2

                                                  5.0
           5.0

                                       4.8
           4.8
                            4.7
                4.6
           4.6

               2013        2014       2015       2016       2017       2018        2019       2020       2021
   1   2   3   4   5   6   7   8   9   10   11