Eastern Michigan University Credit Union

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761 JENNESS ST, Ypsilanti, MI, 48197

Website

734-487-1033

Eastern Michigan University Credit Union was founded in 1958. Headquartered in Ypsilanti, Michigan, Eastern Michigan University Credit Union is a state chartered and federally insured credit union, being chartered in Michigan and insured through the National Credit Union Share Insurance Fund (NCUSIF).

As of December 31, 2013, Eastern Michigan University Credit Union services 2,572 members through its 4 full-time and 2 part-time employees. It has $20,446,379.00 of total assets and $2,871,971.00 of net worth. Based on its asset size and net worth ratio, Eastern Michigan University Credit Union is classified as a Well Capitalized medium small size credit union.

Eastern Michigan University Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Eastern Michigan University Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

Eastern Michigan University Credit Union’s membership type is defined as State chartered natural person credit union. If you are interested in joining Eastern Michigan University Credit Union, please visit their website or call 734-487-1033 for details. If you are a current member of Eastern Michigan University Credit Union or have used any of their services or products, please rate them and leave your comments.

The following two tables list the depository and loan interest rates of Eastern Michigan University Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.

Major Depository Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Checking
0.0000
0.0000
0.0000
Savings
0.1000
0.1000
0.1500
Money Market
0.3300
0.2000
0.2400
Certificate Deposit
0.4700
0.5000
0.5000
IRA
0.0000
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Credit Cards
10.0000
9.9900
Unsecured Line of Credits
8.0300
11.0000
11.0000
Short-term Small Amount
18.0000
22.6000
Student Loans
6.1400
6.0350
New Car Loans
3.5300
3.4900
3.9120
Used Car Loans
4.4300
4.1800
4.9900
1st Mortgage Real Estates
5.1000
4.5000
4.5200
Other Real Estates
3.2900
5.0000
5.0000

Eastern Michigan University Credit Union provides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet and ATMs. The table below lists the electronic banking services provided by Eastern Michigan University Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
Merchandise Purchase
Yes
Account Balance Inquiry
Yes
No
Merchant Processing Service
No
View Account History
Yes
No
No
Download Account History
Yes
No

As a community financial institution, Eastern Michigan University Credit Union actively involves in local communities by providing services such as financial counseling, financial education.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
EMU Credit Union
Main Office

761 Jenness St
Ypsilanti, MI 48197
Phone:734-487-1033

734-487-1951

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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