Overview / Commentary
Eastpointe Community Credit Union is headquartered in Eastpointe and is the 199th largest credit union in the state of Michigan. It is also the 4,030th largest credit union in the nation. It was established in 1950 and as of December of 2019, it had grown to 4 employees and 1,655 members at 1 location. Eastpointe Community Credit Union has a C+ health rating.
Field of Membership Restrictions
Eastpointe Community Credit Union of Michigan is open to residents, church members, registered students, and people maintaining employment, along with businesses and accredited institutions that fall within the geographic boundaries of the East Detroit School District and the City of Eastpointe.
See current membership details
Health
C+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Eastpointe Community Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60124 |
| Year Chartered | 1950 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 2.8% |
| Annual Interest Income | $390.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $9.6MM$9.2MM |
| Loans | Q4 2019vs Q4 2018 | $5.5MM$5.2MM |
| Deposits | Q4 2019vs Q4 2018 | $8.7MM$8.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $894.00K$791.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $21.00K$45.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $77.00K$22.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |