University Of Michigan Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.81% | 5-year CD | |
| 0.85% | 1-year CD | 1.30% - National Average |
| 0.05% | Savings |
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 345th largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 159 employees and 93,010 members at 14 locations. University Of Michigan Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in University of Michigan Credit Union is open to students, staff, and faculty of the University of Michigan.
See current membership details
Nice credit union
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.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61552 |
| Year Chartered | 1954 |
| Employees | 159 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 12.96% |
| Annual Interest Income | $23.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $884.4MM$781.1MM |
| Loans | Q3 2018vs Q3 2017 | $681.2MM$542.9MM |
| Deposits | Q3 2018vs Q3 2017 | $746.9MM$699.4MM |
| Equity Capital | Q3 2018vs Q3 2017 | $81.6MM$73.2MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $5.1MM$4.2MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $7.6MM$5.6MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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 | |||||
| 0.85%* | $100k* | - | 12 Month CD | ||
| OTHER TIERS: 0.65% → $500 - $10k | 0.75% → $10k - $100k | |||||
| 0.60%* | $100k* | - | 6 Month CD | ||
| OTHER TIERS: 0.40% → $500 - $10k | 0.50% → $10k - $100k | |||||
University Of Michigan Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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 | |||||
| 0.85%* | $100k* | - | 12 Month IRA | ||
| OTHER TIERS: 0.65% → $500 - $10k | 0.75% → $10k - $100k | |||||
| 0.60%* | $100k* | - | 6 Month IRA | ||
| OTHER TIERS: 0.40% → $500 - $10k | 0.50% → $10k - $100k | |||||
