Financial Plus Credit Union

What their website says about applying

• Pay stubs or recent tax returns to reference current income source
• Bank statements and retirement account balances for assets source
• We may ask you for your social security number, proof of address, income, and proof of income, so be sure to have those documents ready. source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

• First-time homebuyer program $1,500 available for first-time homebuyers. source
• Low or damaged credit considered If you have limited credit, don't worry - you may still be able to finance an auto loan with us. source
• Membership required Membership eligibility required. source

Only rules the lender's own pages state. Other requirements may apply.

Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Service area and business loan size limits were not stated on the pages fetched. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. Do you lend where I live, or where my business is?
   Their website does not say which area they serve.
2. How do I become a member, and is there a fee or a minimum deposit?
   Credit unions lend only to their members.
3. What are the smallest and the largest loans you make?
   No loan amounts are stated on their website.
4. What is the APR, including fees, on your small-dollar emergency loans and home mortgages?
   Their website does not state an APR. The APR includes fees, so it is the number to compare.
5. What interest rate and fees should I expect on your commercial real estate loans and equipment loans?
   Their website does not state a rate for this.
6. Do you need collateral, a business plan or a minimum time in business?
   Their website does not say what they require.
7. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

On file with the NCUA as FINANCIAL PLUS (charter 68646). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.

An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).

Figures from the 5300 Call Report filed by Financial Plus Credit Union (NCUA charter 68646, filed as “FINANCIAL PLUS”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.

Loan mix (balances on 30 Jun 2026)

Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.

Financial Plus Credit Union reported 466 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $44.5M (median loan about $65,000). 116 were home-purchase loans.

Included above: 5 loans on manufactured homes.

Where the loans were made

Counties with the most 2025 originations, out of 31 counties with at least one; 100% of its 2025 loans were for properties in Michigan:

• Genesee County, MI (184)
• Saginaw County, MI (92)
• Bay County, MI (67)
• Oakland County, MI (21)
• Livingston County, MI (16)
• Shiawassee County, MI (13)
• Lapeer County, MI (10)
• Wayne County, MI (10)

Filed under LEI 5493009YUAJW70SG7L54 as “FINANCIAL PLUS CREDIT UNION”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.

Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.

The SBA's public loan data lists 29 SBA-backed approvals for Financial Plus Credit Union in fiscal years 2020–2026 (October 2019 to September 2026):

• 3 7(a) loans as the lender: $501,500 in total (gross amount approved), median $83,700
• 26 504 projects as the third-party (first-lien) lender: $28.3M in total (its own third-party loan amount), median $412,500

By fiscal year: FY2020 4 · FY2021 1 · FY2022 7 · FY2023 4 · FY2024 2 · FY2025 7 · FY2026 4.

How this lender was matched in the SBA files: 504 third-party lender name: same name, state and city (SBA lists “Financial Plus CU”); NCUA charter 68646, found through the RSSD ID in NCUA records (SBA lists “Financial Plus CU”).

Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Financial Plus Credit Union may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

Other certified CDFIs in Flint and Michigan

• Metro Community Development, Inc.Loan fund · Flint, MIMicroloans, Personal / consumer loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
• American 1 Credit UnionCredit union · Jackson, MIAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
• Awakon Federal Credit UnionCredit union · Onaway, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
• BlueOx Credit UnionCredit union · Battle Creek, MIAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
• CASE Credit UnionCredit union · Lansing, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home repair / improvement loans…Verified
• COMMUNITY FIRST FEDERAL CREDIT UNIONCredit union · Lakeview, MIAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified

All 34 CDFIs in Michigan