NCUA Year-End 2025 Data Highlights Lending Strength and Steady Membership Growth Across Michigan
As Michigan credit unions close the books on 2025, new NCUA Q4 Call Report data shows the movement remained steady and well-capitalized amid a shifting economic landscape. With continued loan growth and modest but steady membership gains, the movement remained focused on delivering value and supporting the financial well-being of members across the state.
Michigan credit unions also maintained strong financial fundamentals at year-end. Capital levels remained solid, with an average net worth ratio of 11.9%, and nearly all Michigan credit unions reported positive earnings, underscoring the movement’s stability amid ongoing economic uncertainty.
Membership in Michigan credit unions reached 6.11 million at year-end 2025, reflecting a 0.9% increase year-over-year. While this growth rate trails the national average of 1.8%, it matches Michigan’s membership growth in 2024 and reflects continued, steady membership growth over the past two years. Loan portfolios grew 7.3% over the past 12 months, significantly outpacing the national loan growth rate of 4.7%.
According to America’s Credit Unions, Michigan credit unions returned an estimated $2.0 billion in direct financial benefits to their members in 2025. These benefits come from higher savings yields, lower loan rates and fewer fees than traditional banks.
“This year-end data gives us a clear picture of how Michigan credit unions showed up for their members throughout 2025,” said MCUL President/CEO Patty Corkery. “Seeing loan growth remain strong and membership continue to rise tells us that people are relying on credit unions in meaningful ways. What stands out in Q4 is the consistency. Credit unions closed the year on steady footing, even as the economic landscape continued to shift. As we move into 2026, that stability gives us a real opportunity to broaden our impact and keep championing financial well-being across Michigan.”
Find the complete NCUA Q4 2025 Call Report here.
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