Diversified Members Credit Union is headquartered in Detroit and is the 41st largest credit union in the state of Michigan. It is also the 682nd largest credit union in the nation. It was established in 1929 and as of September of 2020, it had grown to 74 employees and 26,354 members at 4 locations. Diversified Members Credit Union has an A+ health rating.
Membership in Diversified Members Credit Union is open to anyone who lives, works, or worships in the state of Michigan.
See current membership details
Overall | |
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NCUA # | 62339 |
Year Chartered | 1929 |
Employees | 74 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.28% |
Return on Equity - YTD | 1.54% |
Annual Interest Income | $11.0MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $458.3MM$392.1MM |
Loans | Q3 2020vs Q3 2019 | $188.9MM$161.2MM |
Deposits | Q3 2020vs Q3 2019 | $368.6MM$302.1MM |
Equity Capital | Q3 2020vs Q3 2019 | $81.9MM$79.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $2.4MM$2.2MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1.2MM$1.4MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $173.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Diversified Members Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $100k* | - | Money Market | ||
OTHER TIERS: 0.20% → $2.5k - $25k | 0.25% → $25k - $50k | 0.30% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | DMCU Checking | |
0.05% | $2.5k | - | Business Advantage Checking | |
0.05% | $6k | - | Business Premiere Checking | |
0.01% | $300 | - | Business Checking |
Diversified Members Credit Union Locations | ||
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Branch Office | 2 Woodward Ave Rm 118 | Detroit, MI 48226-3476 |
Branch Office | 1480 E Jefferson Ave | Detroit, MI 48207 |
Branch Office | 625 N Main St | Clawson, MI 48017-1529 |
Branch Office | 25880 Novi Rd | Novi, MI 48375-1610 |