2. Electrical Workers Credit Union

Electrical Workers Credit Union


Overview / Commentary
ewcu.net
313-963-6060
1366 porter ST
DETROIT, MI 48226

Electrical Workers Credit Union is headquartered in DETROIT and is the 197th largest credit union in the state of Michigan. It is also the 3,712th largest credit union in the nation. It was established in 1955 and as of September of 2018, it had grown to 2 employees and 2,298 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.
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Health
B+

Data as of Q3 2018

Learn why bank health matters
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

Overall
NCUA #64267
Year Chartered1955
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD5.04%
Annual Interest Income$314.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$14.4MM$13.5MM
LoansQ3 2018vs Q3 2017$4.7MM$4.8MM
DepositsQ3 2018vs Q3 2017$12.7MM$11.9MM
Equity CapitalQ3 2018vs Q3 2017$1.6MM$1.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$4.00K$13.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$0$47.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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Electrical Workers Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.12%-$100Savings Account
0.12%--Club Account
Locations


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

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