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Overview / Commentary
4353 Maple St.
Dearborn, MI 48126

Village Community Credit Union is headquartered in Dearborn and is the 214st largest credit union in the state of Michigan. It is also the 3,662nd largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 10 employees and 3,445 members. Village Community Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Wayne County, Michigan. - See Details

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Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Village Community Credit Union has a low asset base.

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, 2013 Village Community Credit Union had $225,000 in non-current loans and owned real-estate with $2.35 million in equity and loan loss allowances on hand to cover it. This gives Village Community Credit Union a Texas Ratio of 9.59% 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 Village Community Credit Union experienced no significant changes from 8.94% as of December 31, 2012 to 9.59% as of December 31, 2013, resulting in a negative change of 7.30%. This indicates that the balance sheet and financial strength for Village Community Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Village Community Credit Union has increased its total deposits by $289,000, resulting in 1.95% 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 Village Community Credit Union has shown is above 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. Village Community Credit Union has $18.12 million in assets with $2.35 million in equity, resulting in a capitalization level of 12.94%, which is excellent.

Institution Statistics

NCUA #62237
Year Chartered1936
Primary Regulator
Assets and Liabilities
Assets$18.12 million
Loans$11.94 million
Deposits$15.13 million
Equity Capital$2.14 million
Loan Loss Allowance$208,000
Unbacked Noncurrent Loans$225,000
Real Estate Owned$0
Historic Data - December 2012
Assets$17.46 million
Equity Capital$2.07 million
Loan Loss Allowance$257,000
Unbacked Noncurrent Loans$225,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.49%
Return on Assets0.62%
Return on Equity5.29%
Interest Income$863,000
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Village Community Credit Union Savings Account Rates

0.05%$300-Christmas Club
0.05%$300-Special Savings

Village Community Credit Union Money Market Rates

0.15%$10k-Money Market Share Account

Village Community Credit Union CD Rates

1.11%$100k-60 Month CD
0.95%$100k-48 Month CD
0.80%$100k-36 Month CD
0.60%$100k-24 Month CD
0.50%$100k-12 Month CD
0.40%$100k-6 Month CD
0.35%$100k-3 Month CD

Village Community Credit Union IRA Rates

1.11%$100k-60 Month IRA
0.95%$100k-48 Month IRA
0.80%$100k-36 Month IRA
0.60%$100k-24 Month IRA
0.50%$100k-12 Month IRA
0.40%$100k-6 Month IRA
0.35%$100k-3 Month IRA

Village Community Credit Union Locations
Branch Office4353 Maple StDearborn, MI 48126-3535
Branch Office9500 DixDearborn, MI 48120-1529