Detroit Metropolitan Credit Union

Detroit Metropolitan Credit Union is headquartered in DETROIT and is the 18^st largest credit union in the state of Michigan. It is also the 429^th largest credit union in the nation. It was established in 1929 and as of December of 2011, it had grown to 39 employees and 22,293 members. Detroit Metropolitan Credit Union's savings rates are 73% higher than the national average, and it boasts a 5-star health rating.

Detroit Metropolitan Credit Union Checking Account Rates

Detroit Metropolitan Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics DETROIT METROPOLITAN NCUA # 62339 BankRate Report View Year Chartered 1929 Employees 39 Primary Regulator Assets and Liabilities Assets $458.32 million Loans $48.27 million Deposits $382.67 million Equity Capital $68.98 million Loan Loss Allowance $848,000 Unbacked Noncurrent Loans $1.26 million Real Estate Owned $57,000 Historic Data - December 2010 Assets $437.43 million Equity Capital $65.21 million Loan Loss Allowance $890,000 Unbacked Noncurrent Loans $1.15 million Real Estate Owned $1,000 Profit Margin - Quarterly Net Interest Margin 6.87% Return on Assets 0.84% Return on Equity 5.58% Interest Income $15.48 million Non-Interest Income $1.00 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Detroit Metropolitan Credit Union had $1.32 million in non-current loans and owned real-estate with $69.83 million in equity and loan loss allowances on hand to cover it. This gives Detroit Metropolitan Credit Union a Texas Ratio of 1.89% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Detroit Metropolitan Credit Union held steady from 1.74% as of December 31, 2010 to 1.89% as of December 31, 2011, resulting in a negative change of 8.59%. This indicates that the balance sheet and financial strength for Detroit Metropolitan Credit Union has held steady in recent periods. Deposit Growth In the past year, Detroit Metropolitan Credit Union has increased its total deposits by $16.12 million, resulting in 4.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Detroit Metropolitan Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Detroit Metropolitan Credit Union has $458.32 million in assets with $69.83 million in equity, resulting in a capitalization level of 15.24%, which is excellent.

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