County directory · Michigan

CDFI lenders in Saginaw County, MI

1 is headquartered here. 3 more have a bank or credit-union branch here. 8 more say they serve all of Michigan. Sources: lender websites (29 Oct 2026–4 Nov 2026), the CDFI Fund list (21 Oct 2026) and FDIC/NCUA branch records.

Name this county: 0
Based here: 1
Branch here: 3
Serve all of MI: 8

None of the lender websites we read names Saginaw County; the lenders below are based here, have an office here or serve the whole state. Lenders based elsewhere may lend here too. Search your exact ZIP code in the finder to include lenders based nearby. Towns in this county: Birch Run, Brant, Bridgeport, Burt, Carrollton, Chesaning, Frankenmuth, Freeland, Hemlock, Merrill, Oakley, Saginaw….

Lenders compared for Saginaw County

6 with local records

Lender	Local records	Loan sizes	Head office
1. Lake Huron Credit Union Credit union, Saginaw MI	headquarters here; 2 offices here; 34 home loans here, 2025	ask	7 mi
2. Financial Plus Credit Union Credit union, Flint MI	4 offices here; 92 home loans here, 2025	ask	30 mi
3. ELGA Credit Union Credit union, Grand Blanc MI	2 offices here; 20 home loans here, 2025	ask	36 mi
4. Members First Credit Union Credit union, Midland MI	1 office here; 17 home loans here, 2025	ask	23 mi
5. United Bay Community Credit Union Credit union, Bay City MI	11 home loans here, 2025	ask	17 mi
6. Michigan First Credit Union Credit union, Lathrup Village MI	4 home loans here, 2025	ask	73 mi

6 of these 6 lenders have received CDFI Fund awards, together $18.8M in fiscal years 2017–2024 (CDFI Fund award database; each lender page lists its awards). An award funds the lender, not a particular borrower.

Order: how many kinds of local record we hold (its website names the county or a town in it, headquarters, a branch, SBA loans or HMDA home loans for borrowers here), then the number of those records, then the head office's distance from the county centre. Loan sizes are the range the lender's website states. It is not a rating and nobody pays for a place. SBA loans: SBA 7(a)/504 data (FY2020–FY2026, 3 or more shown); home loans: HMDA 2025 originations (3 or more shown); branches: FDIC/NCUA; distances are straight lines from the average position of the county's ZIP codes.

Where these lenders have offices

5 lenders

3 head offices and 22 branches or offices of 5 lenders on this page, within 30 miles of the centre of Saginaw County. Lenders with no office nearby may still lend here; many work by phone and online.

Loan types confirmed on these lenders' websites

Auto / vehicle loans (1 lender)
Home mortgages (1 lender)
Personal / consumer loans (1 lender)

Banks and credit unions with a branch in this county

4 certified CDFIs have at least one office in Saginaw County (NCUA branch data as of 30 Jun 2026). A branch shows presence, not a stated service area; credit unions also require membership.

CDFI mortgage lenders active here

Certified CDFIs reported 182 originated home loans for properties in Saginaw County in 2025 under the Home Mortgage Disclosure Act: 5.2% of the 3,495 home loans that all HMDA lenders reported here.

Plus 3 more certified CDFIs with fewer than 3 loans here each (not listed).

A lender headquartered far away can appear here: HMDA counts the county of the property, not of the lender. Banks and credit unions below the HMDA reporting thresholds and most loan funds do not report, so other CDFIs may also lend here.

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.

Small business and SBA lending in Saginaw County

Official statistics

Median household income in Saginaw County is $60,622, 17% below the Michigan figure of $72,875 (ACS 2020–2024).

Businesses here took 59.4 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: more than the median Michigan county (56.3), rank 35 of 83.

Measure	Saginaw County	Michigan
Businesses with paid employees (CBP 2023)	4,092 (1.8% of the state)	229,564
…of which under 20 employees	82%	85%
Businesses without employees (Nonemployer Statistics 2023)	11,635	815,013
Median household income (ACS 2020–2024)	$60,622 (17% below the state)	$72,875
SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026	243 (232 7(a), 11 504)	14,432
…per 1,000 businesses with employees	59.4 (rank 35 of 83 Michigan counties)	56.3 (median county)
Median SBA 7(a) loan, all lenders	$100,000	$135,000
…with a certified CDFI as lender, CDC or third-party lender	1 or 2	151 (1%)
Variable-rate 7(a): median rate over prime at approval, FY2024–26	2 pts (83 loans; 4% at the SBA maximum)	2 pts (5% at the maximum)

Approvals by fiscal year: FY2020 21 · FY2021 34 · FY2022 44 · FY2023 44 · FY2024 56 · FY2025 28 · FY2026 16.

For comparison, not an offer. SBA figures count approvals by every SBA lender for borrowers whose ZIP code lies in the county, not only CDFIs; approval is not disbursement. Rate over prime = the SBA's recorded initial rate minus the prime rate on the approval day; SBA caps it at 3 to 6.5 points depending on loan size (current prime rate and caps: methodology).

Sources: Census Bureau County Business Patterns 2023, Nonemployer Statistics 2023 and American Community Survey 2020–2024 (table B19013); SBA 7(a) & 504 FOIA data as of 30 Sep 2026; prime rate: FRED DPRIME; SBA maximums: SBA 7(a) terms. Downloaded 15 Nov 2026. How we compute these.

CDFI lending recorded here (FY2022)

CDFI Fund data, released Dec 2024

115 loans and investments totaling $17.7M (median $60,000) were reported to the CDFI Fund for borrowers and projects in Saginaw County in fiscal year 2022, by 9 reporting CDFIs. More than half of these records come from a single reporting CDFI.

Purpose (CDFI Fund category)	Count	Total	Median
Home purchase	54	$5.3M	$73,745
Home improvement	35	$1.4M	$30,000
Non-real estate business	10	$6.1M	$132,090
None of the listed purposes	8	$614,374	$70,500
Non-real estate microenterprise	5	$55,669	$5,169
Other purposes	3	$4.2M

Of 97 individual borrowers whose income was reported, 46% had family income at or below 80% of the area median.

CDFI banks and credit unions also reported 3,322 consumer loans in Saginaw County totaling $49.5M (Consumer Loan Report, tract totals, so no median); they counted 68% of them as serving low-income borrowers.

Loans and investments reported in other years: FY2018 529 · FY2019 650 · FY2020 1,396 · FY2021 929.

Only CDFIs that hold an active CDFI Fund award (CDFI Program, Native American CDFI Assistance or the CDFI Rapid Response Program) report these transactions, so this is not all lending by the certified CDFIs on this page. The Fund masks which CDFI made each loan, so we cannot say which lender listed here made them.

Source: CDFI Fund, CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files for fiscal year 2022 (released Dec 2024; downloaded 3 Nov 2026). Amounts are original loan or investment amounts as reported. Place = the 2010 census tract of each record. How we count.

Headquartered in Saginaw County

The official list gives a headquarters address here. Check each lender's page for where it lends.

Lake Huron Credit UnionCredit union · Saginaw, MIAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified

Say they serve all of Michigan

Free help before you apply

These offices give free or low-cost advice: a Small Business Development Center or SCORE mentor can help with the business plan, cash-flow projections and paperwork most business lenders ask for, and a HUD-approved housing counselor can help with a homebuyer course, a budget or a missed mortgage payment. Some counseling agencies also lend; using their advice does not commit you to their loans. Call ahead to check hours and what they cover.

Business advice

Michigan Small Business Development Center ~ Saginaw Valley State UniversitySmall Business Development Center · 7400 Bay Road, 313 Curtiss Hall, University Center, MI 48710989-964-4904 · about 13 miles from the centre of Saginaw County

Housing counseling

Sources: SBA local assistance listings, read 6 Nov 2026; HUD's list of approved housing counseling agencies (open-data version last updated 9 Apr 2025). For the current list and the services each agency offers, use the CFPB's housing counselor search (it uses HUD's list) or call HUD at 800-569-4287. Offices are placed by ZIP code, so distances are approximate.