University Of Michigan Credit Union is headquartered in Ann Arbor and is the 18th largest credit union in the state of Michigan. It is also the 322nd largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 182 employees and 114,863 members at 15 locations. University Of Michigan Credit Union has a B+ health rating.
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.
|Return on Assets - YTD||0.6%|
|Return on Equity - YTD||8.23%|
|Annual Interest Income||$27.2MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$1.38B$1.29B|
|Loans||Q3 2022vs Q3 2021||$1.06B$881.4MM|
|Deposits||Q3 2022vs Q3 2021||$1.16B$1.10B|
|Equity Capital||Q3 2022vs Q3 2021||$99.0MM$105.6MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$7.9MM$7.0MM|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$4.8MM$3.2MM|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$0|
Rates for University Of Michigan Credit Union are currently being reviewed.