Featured Savings Rates
Featured Accounts
Overview / Commentary
1366 porter ST

Electrical Workers Credit Union is headquartered in DETROIT and is the 204th largest credit union in the state of Michigan. It is also the 3,760th largest credit union in the nation. It was established in 1955 and as of December of 2017, it had grown to 2 employees and 2,307 members at 1 location. Electrical Workers Credit Union has a B+ health rating.

Field of Membership Restrictions

Electrical Workers Credit Union of Michigan is open to the members of the IBEW Local 58 and their family members.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional 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. Electrical Workers Credit Union has a low asset base.

Health Grade Components

NCUA #64267
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.19%
Return on Equity - YTD1.65%
Annual Interest Income$352.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$14.2MM$12.1MM
LoansQ4 2017vs Q4 2016$4.6MM$4.7MM
DepositsQ4 2017vs Q4 2016$12.6MM$10.5MM
Equity CapitalQ4 2017vs Q4 2016$1.6MM$1.6MM
Loan Loss AllowanceQ4 2017vs Q4 2016$13.00K$11.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$26.00K$6.00K
Real Estate OwnedQ4 2017vs Q4 2016$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Electrical Workers Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Electrical Workers Credit Union Savings Account Rates

0.10%-$100Savings Account
0.10%--Club Account

Electrical Workers Credit Union Locations
Branch Office1366 porter STDETROIT, MI 48226