CDFI Lenders in Michigan
Michigan has 46 federally certified Community Development Financial Institutions — 28 credit unions, 17 loan funds, 1 bank or thrift. 3 are certified Native CDFIs serving Native American communities.
Most lenders are concentrated in Detroit (6), Lansing (5), Grand Blanc (2).
Largest CDFIs in Michigan
Ranked by total assets (NCUA / FDIC data).
Native CDFIs in Michigan
Lenders certified specifically to serve Native American, Alaska Native, and Native Hawaiian communities.
Lenders that offer grants in Michigan
These CDFIs offer grant programs in addition to loans.
Frequently asked questions about CDFIs in Michigan
How many CDFIs are in Michigan?
There are 46 Treasury-certified CDFIs headquartered in Michigan, including 28 credit unions, 17 loan funds, 1 bank or thrift.
What's the largest CDFI in Michigan?
By total assets, the largest CDFI in Michigan is Lake Trust Credit Union ($2.79B in assets).
Are there Native CDFIs in Michigan?
Yes — Michigan is home to 3 certified Native CDFIs serving Native American, Alaska Native, or Native Hawaiian communities.
How do I qualify for a CDFI loan in Michigan?
Eligibility varies by lender, but CDFIs generally serve low- and moderate-income borrowers, small businesses, and underserved communities. Open a lender's page below to see its specific eligibility criteria, loan products, and how to apply.
All 46 CDFIs in Michigan
Alpena Community Credit Union
Alpena, 49707--187
American 1 Credit Union
Jackson, 49201--162
Astera Credit Union
Lansing, 48917--369
Awakon Federal Credit Union
Onaway, 49765
Bloom Credit Union
Wyoming, 49509
CASE Credit Union
Lansing, 48910--560
Chi Ishobak, Inc.
Dowagiac, 49047--777
COMMUNITY FIRST FEDERAL CREDIT UNION
Lakeview, 48850
Community Promise FCU
Kalamazoo, 49003--333
CORE Community Partners
Bingham Farms, 48025
Credit Union One
Ferndale, 48220--177
Detroit Development Fund
Detroit, 48202
ELGA Credit Union
Grand Blanc, 48439
Financial Plus Credit Union
FLINT, 48507--326
First Independence Bank
Detroit, 48202--316
Frankenmuth Credit Union
Frankenmuth, 48734--020
Grand Rapids Opportunities for Women
Grand Rapids, 49507--380
Great Lakes Womens Business Council
Livonia, 48150
IGNITE CREDIT UNION
Battle Creek, 49015
Invest Detroit Foundation
Detroit, 48243--180
Lake Huron Credit Union
Saginaw, 48603--038
Lake Superior Community Development Corp.
L'Anse, 49946--101
Lake Trust Credit Union
Brighton, 48114--752
Magnet Lending Corporation
Lansing, 48906
Members First Credit Union
Midland, 48640
Metro Community Development, Inc.
Flint, 48503
Michigan Community Capital
Lansing, 48906
Michigan First Credit Union
Lathrup Village, 48076--323
Michigan Women's Foundation, The
Detroit, 48207--264
MUSKEGON FEDERAL CREDIT UNION
MUSKEGON, 49441
Northern Great Lakes Initiatives
Marquette, 49855
Northern Shores Community Development, Inc.
Petoskey, 49770
OMNI Community Credit Union
Battle Creek, 49015
One Detroit Credit Union
Detroit, 48232--058
Opportunity Resource Fund
Lansing, 48912--231
Prosperus Detroit Micro Lending
Detroit, 48202--347
Public Service Credit Union
Romulus, 48174--192
Rende Progress Capital
East Lansing, 48823--498
Route 31 Federal Credit Union
Muskegon, 49440
Security Credit Union
Grand Blanc, 48480
Straits Area Federal Credit Union
Cheboygan, 49721
United Bay Community Credit Union
Bay City, 48708--617
University of Michigan Credit Union
Ann Arbor, 48107--785
Venture North Funding & Development
Traverse City, 49684
Wayne Westland Federal Credit Union
Westland, 48186
Zeal CU
Livonia, 48152--261