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Overview / Commentary
44575 W 12 Mile Rd
Novi, MI 48377

Vibe Credit Union is headquartered in Novi and is the 25th largest credit union in the state of Michigan. It is also the 517st largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 122 employees and 31,413 members. Vibe Credit Union has a A health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Hills, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland, Huntington Woods, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Novi, Oak Park, Orchard Lake, Pleasant Ridge, Royal Oak, Royal Oak Township, South Lyon, Walled Lake, Waterford, West Bloomfield, White Lake, Wixom or Wolverine Lake in Oakland County; Canton, Garden City, Inkster, Livonia, Northville, Plymouth, Westland or Wayne, in Wayne County. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Vibe Credit Union had $1.78 million in non-current loans and owned real-estate with $69.44 million in equity and loan loss allowances on hand to cover it. This gives Vibe Credit Union a Texas Ratio of 2.56% 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 Vibe Credit Union decreased dramatically from 5.47% as of March 31, 2013 to 2.56% as of March 31, 2014, resulting in a positive change of 53.18%.This indicates that the balance sheet and financial strength for Vibe Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Vibe Credit Union has decreased its total deposits by -$5.57 million, resulting in -1.55% 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 Vibe Credit Union has shown is average.



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. Vibe Credit Union has $426.61 million in assets with $69.44 million in equity, resulting in a capitalization level of 16.28%, which is excellent.

Institution Statistics

NCUA #62236
Year Chartered1936
Primary Regulator
Assets and Liabilities
Assets$426.61 million
Loans$242.35 million
Deposits$353.01 million
Equity Capital$65.84 million
Loan Loss Allowance$3.60 million
Unbacked Noncurrent Loans$949,000
Real Estate Owned$828,000
Historic Data - March 2013
Assets$431.66 million
Equity Capital$64.13 million
Loan Loss Allowance$4.40 million
Unbacked Noncurrent Loans$949,000
Real Estate Owned$1.74 million
Profit Margin - Quarterly
Return on Assets0.18%
Return on Equity1.2%
Interest Income$3.49 million

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Vibe Credit Union Savings Account Rates

0.12%$20k-Individual Retirement Account
0.05%--Membership Savings
0.05%--Christmas Savings
0.05%--FU$E Rewards Savings
0.02%--Business Share Savings

Vibe Credit Union Money Market Rates

0.35%$100k-Elite MMA
0.15%$20k-Money Management Account
0.15%$20k-Business MMA

Vibe Credit Union Checking Account Rates

0.02%$2,500-Business Checking
0.02%$1k-Sound Checking
0.02%$1k-FU$E Checking

Vibe Credit Union CD Rates

2.00%$500-60 Month CD
1.50%$500-48 Month CD
1.00%$500-36 Month CD
0.85%$500-30 Month CD
0.75%$500-24 Month CD
0.25%$500-12 Month CD
0.25%$500-18 Month CD

Vibe Credit Union Locations
Branch Office9373 Middlebelt RdLivonia, MI 48150-3060
Branch Office21100 Northwestern HwySouthfield, MI 48075-5013
Branch Office44300 Warren RdCanton, MI 48187-2145
Branch Office22245 Haggerty RdNovi, MI 48375-5316
Branch Office3082 Coolidge HwyBerkley, MI 48072
Branch Office21985 Pontiac TrlSouth Lyon, MI 48178-8727
Branch Office44575 W 12 Mile RdNovi, MI 48377-2505