Detour Drummond Community Credit Union


Popular Accounts at this Credit Union

APYACCOUNT TYPEHOW THEY COMPARE
0.90%1-year CD
0.35%Savings
1.10%3-year CD
View all Detour Drummond Community Credit Union rates »

Overview / Commentary
906-493-5263
34857 S Townline Rd
Drummond Island, MI 49726

Detour Drummond Community Credit Union is headquartered in Drummond Island and is the 162nd largest credit union in the state of Michigan. It is also the 2,773rd largest credit union in the nation. It was established in 1960 and as of December of 2018, it had grown to 10 employees and 2,105 members at 2 locations. Detour Drummond Community Credit Union has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Detour Drummond Community Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #62344
Year Chartered1960
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD0.12%
Return on Equity - YTD0.94%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$32.8MM$32.8MM
LoansQ4 2018vs Q4 2017$15.9MM$15.1MM
DepositsQ4 2018vs Q4 2017$28.4MM$28.8MM
Equity CapitalQ4 2018vs Q4 2017$4.3MM$3.9MM
Loan Loss AllowanceQ4 2018vs Q4 2017$136.00K$345.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$197.00K$786.00K
Real Estate OwnedQ4 2018vs Q4 2017$50.00K$68.00K
Rates
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Detour Drummond Community Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.12%--IRA Savings
0.50%--Christmas Club
0.35%--Regular Savings

Detour Drummond Community Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%--36 Month CD
0.90%--12 Month CD
0.85%--24 Month CD
0.55%--6 Month CD
Locations


Detour Drummond Community Credit Union Locations
Branch Office34857 S Townline RdDrummond Island, MI 49726-9486
Branch Office176 Elizabeth StDe Tour Village, MI 49725-5021

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