Diversified Members Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.10% | 5-year CD | 60 Months CD 2.35% - Synchrony Bank 60 Month CD |
| 1.25% | 1-year CD | 12 Months CD 1.40% - Synchrony Bank 12 Month CD |
| 0.25% | Savings | Sub Savings |
Diversified Members Credit Union is headquartered in Detroit and is the 34th largest credit union in the state of Michigan. It is also the 608th largest credit union in the nation. It was established in 1929 and as of March of 2017, it had grown to 58 employees and 23,954 members at 5 locations. Diversified Members Credit Union's CD rates are 39% 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 Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62339 |
| Year Chartered | 1929 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 1.16% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $426.6MM$428.2MM |
| Loans | Q1 2017vs Q1 2016 | $113.9MM$102.0MM |
| Deposits | Q1 2017vs Q1 2016 | $332.8MM$332.7MM |
| Equity Capital | Q1 2017vs Q1 2016 | $83.6MM$82.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $1.8MM$1.6MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $704.00K$744.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$22.00K |
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% | - | - | Traditional IRA | |
| 0.50% | - | - | Rollover Traditional IRA | |
| 0.50% | - | - | Roth IRA Shares | |
| 0.35% | - | - | Christmas Club | |
| 0.25% | - | - | Savings Shares | |
| 0.25% | - | - | Sub Savings | |
| 0.25% | - | - | Youth 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 |
|---|---|---|---|---|
| 2.10% | $500 | - | 60 Months CD | |
| 1.75% | $500 | - | 36 Months CD | |
| 1.50% | $500 | - | 24 Months CD | |
| 1.25% | $500 | - | 12 Months CD | |
| 0.65% | $500 | - | 6 Months CD |
Diversified Members Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $500 | - | 60 Months IRA | |
| 1.75% | $500 | - | 36 Months IRA | |
| 1.50% | $500 | - | 24 Months IRA | |
| 1.25% | $500 | - | 12 Months IRA | |
| 0.65% | $500 | - | 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 |