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Diversified Members Credit Union


Overview / Commentary
313-568-5000
1480 E Jefferson Ave
Detroit, MI 48207

Diversified Members Credit Union is headquartered in Detroit and is the 39th largest credit union in the state of Michigan. It is also the 674th largest credit union in the nation. It was established in 1929 and as of March of 2019, it had grown to 75 employees and 26,075 members at 5 locations. Diversified Members Credit Union's money market rates are 3X 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.
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Health

Health Grade Components

Overall
NCUA #62339
Year Chartered1929
Employees75
Primary Regulator
Profit Margin
Return on Assets - YTD0.26%
Return on Equity - YTD1.27%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$401.4MM$416.8MM
LoansQ1 2019vs Q1 2018$147.8MM$134.0MM
DepositsQ1 2019vs Q1 2018$307.5MM$323.6MM
Equity CapitalQ1 2019vs Q1 2018$81.4MM$85.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$2.0MM$1.9MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$894.00K$1.1MM
Real Estate OwnedQ1 2019vs Q1 2018$460.00K$48.00K
Rates
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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.

Diversified Members Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$50-Traditional IRA
0.50%$50-Rollover Traditional IRA
0.50%$50-Roth IRA Shares
0.40%$100-My Future Savings
0.35%--Christmas Club
0.25%$5-Savings Shares
0.25%--Sub Savings

Diversified Members Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.40%*$100k*-Money Market
OTHER TIERS: 1.20% $2.5k - $25k | 1.25% $25k - $50k | 1.30% $50k - $100k

Diversified Members Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--DMCU Checking

Diversified Members Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$200-60 Month CD
2.80%$200-36 Month CD
2.60%$200-24 Month CD
2.50%$200-13 Month CD Special - New Money
2.10%$200-12 Month CD
1.80%$200-6 Month CD

Diversified Members Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$200-60 Month IRA
2.80%$200-36 Month IRA
2.60%$200-24 Month IRA
2.50%$200-13 Month IRA Special - New Money
2.10%$200-12 Month IRA
1.80%$200-6 Month IRA
Locations


Diversified Members Credit Union Locations
Branch Office2 Woodward Ave Rm 118Detroit, MI 48226-3476
Branch Office25150 Trans X RdNovi, MI 48375-2438
Branch Office1480 E Jefferson AveDetroit, MI 48207
Branch Office625 N Main StClawson, MI 48017-1529
Branch Office25880 Novi RdNovi, MI 48375-1610

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