Go to main content
menu logo

  • March 20, 2024
    Marketing, Compliance, YOU and Lending Conference
  • June 5, 2024
    MCUL & Affilliates Annual Convention & Exposition

  • Look Ahead to 2024 Training from MCUL!

  • Sponsor an Event
  • Speaker Proposals

  • Chapter List
  • Chapter Map
  • Chapter Events Calendar

MCUL Newsroom

Stay in the loop with our one-stop destination for the latest in MCUL news and industry insights.

masthead banner

Forbes Names Top 5 Credit Unions in Michigan in 2023

Forbes has released the 2023 version of its list of "America's Best Credit Unions in Each State," wherein it lists its choice of the five best credit unions for each state using the following criteria:

"To create the list … Forbes partnered with market research firm Statista and surveyed approximately 31,000 U.S. residents. Participants were asked to name all the banks and credit unions where they have a checking or savings account and evaluate these institutions based on criteria such as customer service, the quality of the financial advice representatives offer and whether fees are transparent and reasonable. They were also asked about the ease of navigating the company website, on-location branch services and the overall level of trust the companies inspired. Additionally, reviews and ratings posted on Google Reviews between March 2020 and April 2023 were evaluated for each bank and credit union.”

According to Forbes, here are the five best credit unions in Michigan:

1. ELGA Credit Union

2. Michigan Schools & Government Credit Union

3. United Federal Credit Union

4. Genisys Credit Union

5. American 1 Credit Union

The article touts many benefits of being a credit union member, including low rates and fees, high savings, cooperative ownership and paid dividends.

Read more of the Forbes list here.


Go to main navigation