Data Source: NCUA, December 31, 2016
Michigan Educational Credit Union was founded in 1942. Headquartered in Plymouth, Michigan, Michigan Educational 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). Michigan Educational Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Michigan Educational Credit Union services 48,830 members through its 6 offices and branches and 74 full-time and 1 part-time employees. It has $763,343,397 of total assets and $92,927,811 of net worth. Based on its asset size and net worth ratio, Michigan Educational Credit Union is classified as a Well Capitalized large credit union.
Michigan Educational 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. Michigan Educational Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Michigan Educational 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 Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Michigan Educational Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Michigan Educational Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
4141 Jackson Rd
Ann Arbor, MI 48103-1827
123 Brighton Lake Rd
Brighton, MI 48116-6721
14921 Middlebelt Rd
Livonia, MI 48154-4032
47230 Hayes Rd
Macomb, MI 48044-5023
1903 Rochester Rd
Royal Oak, MI 48073
Michigan Educational Credit Union
9200 N Haggerty Rd
Plymouth, MI 48170-4633