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Michigan First Credit Union

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Michigan First Credit Union Reviews

3.6

62% would recommend to a friend

(181 total reviews)

Jennifer Borowy

90% approve of CEO

66% positive business outlook

Michigan First Credit Union has an employee rating of 3.6 out of 5 stars, based on 181 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Michigan First Credit Union employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

181 reviews
1.0
Oct 21, 2020

Lending Call Center

Recommend
CEO approval
Business outlook

Pros

Easygoing Work No micromanagement Co workers Benefits Not high Call Volume Stable work PS: The girls bathroom is always clean

Cons

Underpaid: Don’t expect a commission for your loans Upper Management is horrible, they care more about their imagine than employees! Risky Loan: Lack of communication with underwriters and processing Lack of black representation in upper management: Even though this company start in a urban environment You have to recite a promise everyday(Called Stage5) Save yourself the time and DONT APPLY, I been here for 2 years and me and my whole team are searching for new jobs! The company doesn’t say about thing about the Black Lives Matter movement, but will send out emails irrelevant items The company doesn’t care about you unless you been there for 5 years or more They bash companies like quicken loans and credit acceptance for charging high fees, but we give most car loans at 19% interest rate. This company will try to brainwash you into working harder for them instead of yourself! DONT DRINK THE Kool-Aid! All this compliments this company is aware about but does nothing!

2.0
Jul 8, 2020
Recommend
CEO approval
Business outlook

Pros

I made enough money to live on Members were pleasant, as were most employees. Not the worst job I ever had 401k matches up to 5%

Cons

CEO is pompous, petty, and shortsighted. COO is cruel, sarcastic, and vindictive. Often deflect unscrupulous behavior as 'in the service of members.' Leadership is easily offended by mild feedback. Do not like being challenged, only placated to. No cash in lieu of insurance. No exit survey upon resignation. No regard for employee well-being. Lobbies remained open for all of COVID season, with no hazard pay to boot. In 2019, leadership on the other side of the state forced Grand Rapids to work during a week-long blizzard. Tellers are forced to stand all day. Many of them have pain as a result. Leadership is aware but does not act because, in their words, they are not legally obligated to. Company functions like a cult: morning incantations and meaningless platitudes. Leadership uses an encyclopedia of company-specific cliches to minimize legitimate problems. Disparities in pay and PTO by gender. One female coworker had less than half the PTO accrued per pay period than our male part-timer. Company discourages employees from discussing such matters likely because they don't want their workers to know their value. Low morale. I did not encounter a single employee who actually believed in this company in my two years working there. Upon resignation, I felt like a fool for staying so long. Company cannot hold on to people long enough for people to be experienced in their positions. Rookie mistakes abound as a result. Company once made a giant addition to the main office. They treat the amenities in that office as a plus for working there... even though the majority of the company does not. Management chose to spend a ridiculous (read: deserving ridicule) amount of money on office space and a bowling alley and a gym. They find money for all this, but cannot bring themselves to find a way of making yearly company summits remote. CEO pretends the company is generous for providing a yearly 'bonus.' In reality, it is a fraction of a fraction of the yearly profits, with no clear indication of where the rest of the profits go. They pretend like your fraction of a fraction of your bonus is dependent on company-wide performance. In reality, the metrics they use to determine the bonus are far outside the reasonable control of employees. Everyone seems to know and understand this, but does not feel safe vocalizing it to leadership. Our pitiful bonuses are actually taxed by nearly half as well. It would actually be better to raise pay by 25 cents an hour, because we'd actually be GETTING the money we work for. This is a quintessential example of how leadership prioritizes optics over the tangible treatment of employees. They also believe we are not smart enough to notice this. Everyone has.

1.0
Feb 26, 2019
Recommend
CEO approval
Business outlook

Pros

Nothing substantial. It's more about hype than reality.

Cons

Cult "prayer" required every day! If you aren't willing to play along and suck up to management, you won't last long. They want weak-minded people who are easily manipulated so they can brainwash you.

Viewing 1 - 3 of 181 Reviews

Glassdoor has 183 Michigan First Credit Union reviews submitted anonymously by Michigan First Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if Michigan First Credit Union is right for you.