Members First Credit Union

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A short history of Members First CU

Since its inception in 1955 the Members First Credit Union has been serving its members in the MADISON, Wisconsin area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Nicholas Kessenich, the Members First CU has grown its membership to over 2,557 with assets of more than $22,014,133. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (608) 271-5301 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MADISON, WI.

General Information For Members First CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67008
Address 3401 W BELTLINE HWY 
State Wisconsin 
Zip-Code 53713
Phone Number (608) 271-5301
Fax Number (608) 271-5322
Email Address:
CEO/President Nicholas Kessenich
Members 2,557 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 22,014,133 

Compare Members First Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Star CU MAIN OFFICE 2001 TAFT ST 53713 (608) 257-2606 No 0.54
Dane County CU Dane County Credit Union 3030 Ohmeda Dr 53707 (608) 256-5665 No 0.59
Wea CU Office 33 Nob Hill Rd 53713 (608) 274-9828 No 0.88
St. Mary's & Affiliates CU St. Mary's - Janesville 3400 E Racine St 53715 (608) 373-8151 No 1.70
Madison Fire Department CU Monroe Street Office 1437 Monroe St 53711 (608) 266-4952 No 2.50

Members First Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Members First Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.49 2.74 4.00 3.25 5.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 200 113 203 44 260
Rank Among All Wisconsin Credit Unions 17 17 39 6 42

Members First Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.40 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 284 243
Rank Among All Wisconsin Credit Unions N/A 14 N/A 38 32
Members First Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.490144235,622
All Other Unsecured Loans/Lines of Credit 15.9005661,918,139
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.740841,771,229
Used Vehicle Loans 4.0006056,580,876
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.250716,170,749
Total Other Real Estate Loans/Lines of Credit 5.250421,045,174
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.7501471,429,680
TOTAL LOANS & LEASES 1,65919,151,469

Members First Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 10705,117149,000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 615,465,6325581,250


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 29705,809394,500
Open-End Adjustable Rate 13339,3655102,900
Open-End Fixed Rate 0000
TOTALS 1137,215,92314827,650


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Members First Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes