More tech and employment opportunities are coming to Michigan First Credit Union this year. The Lathrup Village-based financial institution has hired 10 people and is adding more mobile banking options for its growing member base.
The 86-year-old credit union has expanded its staff by 10 people over the last year, rounding out to 229 people and a few interns. Its newest hires include a digital marketing manager and social media professional.
Michigan First Credit Union has also expanded its mobile banking options. The credit union began offering banking options for smartphones in 2010 and has recently added a new feature that allows
mobile deposit for iPhone, iPad and Android mobile devices. Users can take a photo of a check with their device and deposit it directly into their checking or savings account.
"A lot of people have been doing their banking through smart phones and other mobile devices so we thought it was very important to be in that space," says Linda Douglas, vice president of marketing for Michigan First Credit Union. She adds that these sort of options are popular with young, tech-savvy members the credit union is trying to attract.
Michigan First Credit Union adds about 1,000 to 1,500 new members each month in recent years. It now has a membership of 87,000 individuals and businesses in Metro Detroit's tri-county area, along with $630 million in assets.
Source: Linda Douglas, vice president of marketing for Michigan First Credit Union
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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