Overview / Commentary
One Detroit Credit Union is headquartered in Detroit and is the 132nd largest credit union in the state of Michigan. It is also the 2,195th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 53 employees and 12,197 members at 4 locations. One Detroit Credit Union has a B+ health rating.
Field of Membership Restrictions
One Detroit CU is open to the residents, people that maintain employment, and church members of Wayne County, Michigan.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional 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. One Detroit Credit Union has a relatively low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61495 |
| Year Chartered | 1935 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.05% |
| Return on Equity - YTD | -9.75% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $66MM$62.8MM |
| Loans | Q1 2025vs Q1 2024 | $35.5MM$34.2MM |
| Deposits | Q1 2025vs Q1 2024 | $49.2MM$47MM |
| Equity Capital | Q1 2025vs Q1 2024 | $13.7MM$13.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.6MM$1.4MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $971K$950K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$85K |