Downriver Community Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.75% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.00% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.10% | Savings | 0.26% - National Average |
Downriver Community Federal Credit Union is headquartered in Ecorse and is the 70th largest credit union in the state of Michigan. It is also the 1,236th largest credit union in the nation. It was established in 1942 and as of December of 2018, it had grown to 47 employees and 13,867 members at 4 locations. Downriver Community Federal Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in any of the following communities: Allen Park, Brownstown Township, Ecorse, Flat Rock, Gibraltar, Grosse Ile, Huron Township, Lincoln Park, Melvindale, River Rouge, Riverview, Rockwood, Romulus, Southgate, Taylor, Trenton, Woodhaven or Wyandotte and to immediate family of those eligible.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4853 |
| Year Chartered | 1942 |
| Employees | 47 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 6.23% |
| Annual Interest Income | $5.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $155.1MM$154.6MM |
| Loans | Q4 2018vs Q4 2017 | $76.5MM$75.0MM |
| Deposits | Q4 2018vs Q4 2017 | $140.4MM$140.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $13.2MM$12.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $472.00K$425.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $784.00K$705.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$46.00K |
Always verify rates and promotions with the bank or credit union. We are not Downriver Community Federal 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.
Downriver Community Federal Credit Union Savings Account Rates
Downriver Community Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $5k* | - | Checking Account | ||
| OTHER TIERS: 0.05% → Up to $5k | |||||
| 0.05% | - | - | Business Builder Checking | ||
Downriver Community Federal Credit Union CD Rates
| Downriver Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 4500 Biddle Ave | Wyandotte, MI 48192 |
| Branch Office | 1262 Dix Hwy | Lincoln Park, MI 48146 |
| Branch Office | 18707 West Rd | Woodhaven, MI 48183-3316 |
| Branch Office | 4320 W Jefferson Ave | Ecorse, MI 48229-1532 |