Featured Savings Rates
Featured Accounts

Motor City Co-op Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.71%5-year CD5 Year CD
0.65%1-year CD365 Day CD
0.15%SavingsMoney Management Account

Overview / Commentary
800-328-8051
37321 Garfield Rd
Clinton Township, MI 48036-2052

Motor City Co-op Credit Union is headquartered in Clinton Township and is the 73rd largest credit union in the state of Michigan. It is also the 1,265th largest credit union in the nation. It was established in 1948 and as of June of 2016, it had grown to 49 employees and 16,721 members at 4 locations. Motor City Co-op Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to all residents of Michigan.
See current membership details

Reviews (1)

Great local credit union

Posted by: M.Guerra | Jun 23, 2015

I have been a customer of Motor City Co-op Credit union for the last 14 years. They were the only banking institution that would offer me a competitive auto loan at 18 and I have maintained my account with them ever sense. In the past I have had CD's to lock up future savings and have found that the rates have been close to other banks overall. The staff has always been friendly and helpful. They have never failed to answer any questions I have had about products and services in a professional way. Overall I would highly recommend them to anyone living on the East side of metro Detroit.



Health
A

Health Grade Components

Overall
NCUA #63289
Year Chartered1948
Employees49
Primary Regulator
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD2.22%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$141.0MM$133.8MM
LoansQ2 2016vs Q2 2015$85.7MM$41.3MM
DepositsQ2 2016vs Q2 2015$115.7MM$115.3MM
Equity CapitalQ2 2016vs Q2 2015$18.6MM$18.2MM
Loan Loss AllowanceQ2 2016vs Q2 2015$848.00K$520.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$334.00K$368.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$88.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Motor City Co-op Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%--Individual Retirement Account
0.75%$300-Holiday Club
0.40%*$90k*-Savings Growth Account
OTHER TIERS: 0.20% $300 - $10k | 0.25% $10k - $50k | 0.35% $50k - $90k
0.20%$300-Vacation Club
0.20%$300-Savings Account
0.15%$5k-Money Management Account

Motor City Co-op Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$2k-Money Market Account

Motor City Co-op Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.71%$500-5 Year CD
1.46%$500-4 Year CD
1.26%$500-3 Year CD
1.06%$500-2 Year CD
0.85%$500-18 Month CD
0.65%$500-365 Day CD
0.45%$500-180 Day CD
0.25%$500-90 Day CD

Motor City Co-op Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.71%$500-5 Year IRA
1.46%$500-4 Year IRA
1.26%$500-3 Year IRA
1.06%$500-2 Year IRA
0.65%$500-1 Year IRA
Locations


Motor City Co-op Credit Union Locations
Branch Office25141 Hoover RdWarren, MI 48089
Branch Office3151 Gratiot AveDetroit, MI 48207-2335
Branch Office28421 Utica RdRoseville, MI 48066-2532
Branch Office37321 Garfield RdClinton Township, MI 48036-2052