Michigan First Blog

November 18, 2008

Michigan First Receives Awards

By: Lena

Lena @ 12:02 pm

Michigan First Credit Union Is Top Place to Work
Michigan First earns three awards for workplace excellence

Michigan First Credit Union, a leading financial institution serving over 44 communities in metro Detroit, has further solidified itself as a top place to work in metro Detroit, having earned recognition from three regional organizations for its outstanding focus on diversity, high quality working standards and dedication to team member
satisfaction.

“Michigan First has always strived to offer the best working environment to our team members, who are our greatest assets,” said Michael Poulos, president and CEO of Michigan First Credit Union. “It is a tremendous honor to have our efforts to create a diverse and supportive workplace recognized with these prestigious awards.”

The accolades include:

Recognition as a “Diversity Focused Company” from Corp! Magazine for clearly defining and monitoring diversity success and demonstrating how diversity efforts add value to the company;

A “101 Best and Brightest Companies to Work For” award from The Michigan Business & Professional Association, which acknowledges Michigan First’s imagination and conviction to create organizational value and business results through their policies and best practices in human resource management; and

The Detroit Free Press “Top Workplaces” award, which honors Michigan First’s exceptional work standards, client and team member satisfaction.

There are many different aspects that go into making Michigan First a great place to work in metro Detroit. Some benefits include fully paid health benefits for its team members and their families, market or above market wages, additional bonuses and monthly incentives. It also offers regular contests to retail and lending team members to cross sell products and services to increase income, and each team leader has the ability to recognize strong performers with discretionary bonuses, gift certificates, free lunches and other such perks. Team members can also enjoy the free use of a fitness center – located in the Lathrup Village main branch – complete with a locker room and showers and a recreation room with foosball, pool table, darts, air hockey and other amenities.

Diversity is another key element in making Michigan First a great place to work. Michigan First promotes diversity and inclusion by providing a place to work where all individuals are respected, honored, supported and rewarded on the basis of their and professional achievements and contributions. Michigan First believes commitment to diversity and inclusion strengthens the company and sets it apart from the competition.

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August 7, 2008

High Speed Coin Sorter

By: Lauren

Lauren @ 4:13 pm

Michigan First Credit Union Continues Leadership with High-Tech ATMs and Member Services Years Ahead of Banks Breaking into Market with ‘New’ Introductions

Michigan First Installs No Fee High-Speed Coin Counters for Members;MoneyWorks(R) ATMs Accept Coins and Cash Checks to the Penny

LATHRUP VILLAGE, Mich., May 30, 2008 – ATMs that can accept coins, paper currency and checks without an envelope; can scan checks; and cash checks to the penny. These are just some of the innovative, convenient services that Michigan First Credit Union has offered its members since 2004. Now, Michigan First has introduced no fee high-speed coin counters for its members. It’s all part of its commitment to provide leading-edge technology and outstanding customer service.

“While some banks are introducing ‘new’ ATMs that scan checks and don’t require envelopes for deposits, Michigan First Credit Union was one of the first financial institutions in North America to introduce this technology at its branches more than four years ago,” said Michael Poulos, president and CEO of Michigan First Credit Union. “In addition to these convenient services, our ATMS – called MoneyWorks(R) Banking Centers – can accept coins and cash checks to the penny. We have a number of other innovative services in the works to further serve our members.”

To complement the coin counters that are incorporated into the MoneyWorks Banking Centers, Michigan First Credit Union is also in the process of installing high-speed coin counters at each of its branches and is already in use at its main branch in Lathrup Village, Mich. The high-speed coin counters can process approximately 3,000 coins a minute compared to the ATM counters that process 700 coins a minute. This service is free for credit union members, while non-members are charged a nominal fee.

“Every penny counts, especially in these tough economic times,” Poulos said. “Our members have saved time and money by using these convenient services.”

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