Education Plus Credit Union
Education Plus Credit Union is headquartered in Monroe and is the 87th largest credit union in the state of Michigan. It is also the 1,448th largest credit union in the nation. It was established in 1957 and as of March of 2018, it had grown to 23 employees and 14,736 members at 2 locations. Education Plus Credit Union has an A+ health rating.
Field of Membership Restrictions
Education Plus Credit Union of Michigan is open to any employees of the businesses within a 25-mile distance of the main credit union office in any direction, members that were carried over from mergers, people that qualify for membership under the original field of membership, and all public school employees throughout the state,
See current membership details
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62008 |
| Year Chartered | 1957 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 7.15% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $120.5MM$113.8MM |
| Loans | Q1 2018vs Q1 2017 | $69.3MM$63.9MM |
| Deposits | Q1 2018vs Q1 2017 | $101.0MM$96.1MM |
| Equity Capital | Q1 2018vs Q1 2017 | $19.0MM$17.3MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $469.00K$372.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $897.00K$972.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Sorry, we do not have rate data for Education Plus Credit Union.
| Education Plus Credit Union Locations | ||
|---|---|---|
| Branch Office | 15470 S Telegraph Rd | Monroe, MI 48161-5532 |
| Branch Office | 3558 Sterns Rd | Lambertville, MI 48144-9577 |