Downriver Community Federal Credit Union

Overview / Commentary

www.downrivercu.com

313-386-2200

4320 W Jefferson Ave
Ecorse, MI 48229-1532

Downriver Community Federal Credit Union is headquartered in Ecorse and is the 69^th largest credit union in the state of Michigan. It is also the 1,206^th largest credit union in the nation. It was established in 1942 and as of March of 2019, it had grown to 47 employees and 13,891 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.
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Health

B+

Data as of Q1 2019

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Health Grade Components

Overall
NCUA #	4853
Year Chartered	1942
Employees	47
Primary Regulator

Profit Margin
Return on Assets - YTD	0.4%
Return on Equity - YTD	4.78%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$165.6MM$159.1MM
Loans	Q1 2019vs Q1 2018	$76.7MM$76.9MM
Deposits	Q1 2019vs Q1 2018	$149.8MM$144.8MM
Equity Capital	Q1 2019vs Q1 2018	$13.6MM$12.3MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$471.00K$457.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$441.00K$657.00K
Real Estate Owned	Q1 2019vs Q1 2018	$271.00K$49.00K

Rates

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Savings
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$100k^*	-	High-Yield Savings
OTHER TIERS: 0.30% → Up to $25k \| 0.40% → $25k - $100k
0.45%	-	-	Business Builder High-Yield Savings
0.20%^*	$100k^*	-	Prime Shares Savings
OTHER TIERS: 0.10% → Up to $25k \| 0.15% → $25k - $100k
0.20%^*	$100k^*	-	X-Treme Team Savings Account
OTHER TIERS: 0.10% → Up to $25k \| 0.15% → $25k - $100k
0.10%	-	-	Special Savings
0.10%	-	-	Christmas Club

Downriver Community Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$5k^*	-	Checking Account
OTHER TIERS: 0.05% → Up to $5k
0.05%	-	-	Business Builder Checking

Downriver Community Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	$2k	-	60 Month Share Certificate
2.50%	$2k	-	48 Month Share Certificate
2.25%	$2k	-	36 Month Share Certificate PROMO
1.75%	$2k	-	24 Month Share Certificate
1.00%	$2k	-	12 Month Share Certificate
0.75%	$2k	-	6 Month Share Certificate

Locations

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

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