Extra Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.75% | 5-year CD | 60 Months Fixed-Rate Certificate 1.85% - Synchrony Bank 60 Month CD |
| 0.50% | 1-year CD | 12 Months Fixed-Rate Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.05% | Savings | Fiduciary Account 1.00% - Ally Bank Online Savings Account |
Extra Credit Union is headquartered in Warren and is the 52nd largest credit union in the state of Michigan. It is also the 969th largest credit union in the nation. It was established in 1954 and as of June of 2016, it had grown to 54 employees and 18,789 members at 2 locations. Extra Credit Union has an A health rating.
Field of Membership Restrictions
Extra Credit Union of Michigan is open to the residents, church members, registered students and the people maintaining employment within these qualified counties: Macomb, Oakland, Wayne, and St. Clair, anyone affiliated with the field of education in Macomb County, and the family and/or household members of current members.
See current membership details
Related Posts
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60428 |
| Year Chartered | 1954 |
| Employees | 54 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 5.65% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $209.6MM$203.0MM |
| Loans | Q2 2016vs Q2 2015 | $104.9MM$101.5MM |
| Deposits | Q2 2016vs Q2 2015 | $188.8MM$184.7MM |
| Equity Capital | Q2 2016vs Q2 2015 | $18.7MM$17.0MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.5MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $923.00K$1.1MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $85.00K$266.00K |
Always verify rates and promotions with the bank or credit union. We are not Extra Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Extra Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $100 | - | Primary Savings | |
| 0.05% | $100 | - | Youth Savings | |
| 0.05% | $100 | - | Fiduciary Account |
Extra Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.15% → $5k - $20k | 0.20% → $20k - $50k | |||||
Extra Credit Union CD Rates
| Extra Credit Union Locations | ||
|---|---|---|
| Branch Office | 37700 Van Dyke Ave | Sterling Heights, MI 48312-1839 |
| Branch Office | 6611 Chicago Rd | Warren, MI 48092-1685 |