2. University Of Michigan Credit Union

University Of Michigan Credit Union


Overview / Commentary
www.umcu.org
734-662-8200
340 E Huron St
Ann Arbor, MI 48104

University Of Michigan Credit Union is headquartered in Ann Arbor and is the 16th largest credit union in the state of Michigan. It is also the 343rd largest credit union in the nation. It was established in 1954 and as of March of 2019, it had grown to 164 employees and 96,429 members at 15 locations. University Of Michigan Credit Union's CD rates are 22% higher than the national average, and it has an A health rating.

Reviews (1)

Nice credit union

Posted by: teresabrandt | Jan 31, 2017

UMCU has been an amazing bank. Whenever I call with an issue they take care of it immediately. The employees are always friendly, and I have never had a problem in person or over the phone. Online banking is good and easy to use, and they have more than enough ATM and bank locations in my area. Would strongly recommend to anyone living in my town.

1


Health
A

Data as of Q1 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #61552
Year Chartered1954
Employees164
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD10.5%
Annual Interest Income$9.1MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$943.3MM$861.5MM
LoansQ1 2019vs Q1 2018$708.4MM$605.5MM
DepositsQ1 2019vs Q1 2018$791.8MM$741.2MM
Equity CapitalQ1 2019vs Q1 2018$87.4MM$76.1MM
Loan Loss AllowanceQ1 2019vs Q1 2018$6.1MM$4.7MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$7.5MM$5.5MM
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not University Of Michigan 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.

University Of Michigan Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$5-Share Savings
0.05%$5-Business Share Savings
0.05%$5-Little League
0.05%$5-Minor League
0.05%--Holiday Savings
0.05%$5-Major League

University Of Michigan Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$25k*-Money Market Savings
OTHER TIERS: 0.10% → $2k - $5k | 0.15% → $5k - $10k | 0.20% → $10k - $25k
0.20%*$25k*-Business Money Market Savings
OTHER TIERS: 0.05% → $2k - $5k | 0.10% → $5k - $10k | 0.15% → $10k - $25k

University Of Michigan Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%*$25k*-Interest Checking
OTHER TIERS: 0.05% → $2k - $5k | 0.06% → $5k - $10k | 0.07% → $10k - $25k
0.08%*$25k*-Advantage Business Checking
OTHER TIERS: 0.05% → $2k - $5k | 0.06% → $5k - $10k | 0.07% → $10k - $25k

University Of Michigan Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.81%*$100k*-60 Month CD
OTHER TIERS: 1.51% → $500 - $10k | 1.71% → $10k - $100k
1.61%*$100k*-48 Month CD
OTHER TIERS: 1.36% → $500 - $10k | 1.51% → $10k - $100k
1.41%*$100k*-36 Month CD
OTHER TIERS: 1.21% → $500 - $10k | 1.31% → $10k - $100k
1.36%*$100k*-24 Month CD
OTHER TIERS: 1.16% → $500 - $10k | 1.26% → $10k - $100k
1.10%*$100k*-12 Month CD
OTHER TIERS: 0.90% → $500 - $10k | 1.00% → $10k - $100k
0.85%*$100k*-6 Month CD
OTHER TIERS: 0.65% → $500 - $10k | 0.75% → $10k - $100k

University Of Michigan Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.81%*$100k*-60 Month IRA
OTHER TIERS: 1.51% → $500 - $10k | 1.71% → $10k - $100k
1.61%*$100k*-48 Month IRA
OTHER TIERS: 1.36% → $500 - $10k | 1.51% → $10k - $100k
1.41%*$100k*-36 Month IRA
OTHER TIERS: 1.21% → $500 - $10k | 1.31% → $10k - $100k
1.36%*$100k*-24 Month IRA
OTHER TIERS: 1.16% → $500 - $10k | 1.26% → $10k - $100k
1.10%*$100k*-12 Month IRA
OTHER TIERS: 0.90% → $500 - $10k | 1.00% → $10k - $100k
0.85%*$100k*-6 Month IRA
OTHER TIERS: 0.65% → $500 - $10k | 0.75% → $10k - $100k
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.