Diversified Members Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.60% | 5-year CD | 60 Month CD |
| 1.60% | 1-year CD | 12 Month CD 2.45% - Synchrony Bank 12 Month CD |
| 0.25% | Savings | Sub Savings |
Diversified Members Credit Union is headquartered in Detroit and is the 36th largest credit union in the state of Michigan. It is also the 639th largest credit union in the nation. It was established in 1929 and as of June of 2018, it had grown to 70 employees and 24,928 members at 5 locations. Diversified Members Credit Union's CD rates are 78% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Diversified Members Credit Union is open to anyone who lives, works, or worships in the state of Michigan.
See current membership details
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62339 |
| Year Chartered | 1929 |
| Employees | 70 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 2.54% |
| Annual Interest Income | $7.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $413.5MM$422.2MM |
| Loans | Q2 2018vs Q2 2017 | $138.1MM$123.2MM |
| Deposits | Q2 2018vs Q2 2017 | $319.3MM$330.8MM |
| Equity Capital | Q2 2018vs Q2 2017 | $85.9MM$84.0MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $1.9MM$1.8MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $1.3MM$590.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $48.00K$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.
Diversified Members Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $50 | - | Traditional IRA | |
| 0.50% | $50 | - | Rollover Traditional IRA | |
| 0.50% | $50 | - | Roth IRA Shares | |
| 0.40% | - | - | Christmas Club | |
| 0.40% | $5 | - | Youth Savings | |
| 0.25% | $5 | - | Savings Shares | |
| 0.25% | - | - | Sub Savings |
Diversified Members Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | DMCU Checking |
Diversified Members Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.60% | $200 | - | 60 Month CD | |
| 2.25% | $200 | - | 13 Month CD Special - New Money | |
| 2.10% | $200 | - | 36 Month CD | |
| 2.00% | $200 | - | 24 Month CD | |
| 1.60% | $200 | - | 12 Month CD | |
| 1.10% | $200 | - | 6 Month CD |
Diversified Members Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.60% | $200 | - | 60 Month IRA | |
| 2.25% | $200 | - | 13 Month IRA Special - New Money | |
| 2.10% | $200 | - | 36 Month IRA | |
| 2.00% | $200 | - | 24 Month IRA | |
| 1.60% | $200 | - | 12 Month IRA | |
| 1.10% | $200 | - | 6 Month IRA |
| Diversified Members Credit Union Locations | ||
|---|---|---|
| Branch Office | 2 Woodward Ave Rm 118 | Detroit, MI 48226-3476 |
| Branch Office | 25150 Trans X Rd | Novi, MI 48375-2438 |
| 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 |