Established in 1926 as the Detroit Teachers Credit Union, Michigan First became the largest teacher's cooperative in the world by 1952 and during the 1960s, it held that title until the $62 million Navy Federal Credit Union in Vienna, Va., took over the top spot. The cooperative changed its name to Michigan First Credit Union in 2001.
The idea for Michigan First Credit Union to open its own mortgage CUSO happened by accident.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
