ELGA Credit Union is headquartered in Burton and is the 21st largest credit union in the state of Michigan. It is also the 441st largest credit union in the nation. It was established in 1968 and as of December of 2018, it had grown to 194 employees and 73,824 members at 10 locations. ELGA Credit Union has an A health rating.
ELGA Credit Union of Michigan is open to individuals who live, work, worship, volunteer, or attend school in the Michigan counties of Genesee, Lapeer, Livingston, Oakland, Saginaw, and Shiawassee. Membership eligibility also extends to include the employees and retirees of many employer groups, including State of Michigan Government agencies, Building Trades AFL-CIO, and Consumers Energy Company. Individuals who donate $25 to the Salvation Army Bed & Bread Program also qualify for membership, as do immediate family members of current ELGA members.
See current membership details
|Return on Assets - YTD||2.32%|
|Return on Equity - YTD||15.92%|
|Annual Interest Income||$30.8MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$660.6MM$568.7MM|
|Loans||Q4 2018vs Q4 2017||$605.6MM$511.5MM|
|Deposits||Q4 2018vs Q4 2017||$543.4MM$483.4MM|
|Equity Capital||Q4 2018vs Q4 2017||$95.7MM$80.6MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$5.0MM$3.6MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$7.9MM$6.7MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$223.00K$501.00K|
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Rates for ELGA Credit Union are currently being reviewed.
|Branch Office||2303 S Center Rd||Burton, MI 48519-1147|
|Branch Office||7026 W Vienna Rd||Clio, MI 48420|
|Branch Office||8503 Davison Rd||Davison, MI 48423|
|Branch Office||8415 Davison Rd||Davison, MI 48423|
|Branch Office||1390 N Leroy St||Fenton, MI 48430-5310|
|Branch Office||5072 Corunna Rd||Flint, MI 48532-4190|
|Branch Office||6238 W Pierson Rd||Flushing, MI 48433-2339|
|Branch Office||8125 S State Rd||Goodrich, MI 48438|
|Branch Office||799 S Harrison St||Lapeer, MI 48446-3393|
|Branch Office||2686 McLeod Dr N||Saginaw, MI 48604|