University Of Michigan Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.66%	5-year CD	60 Month CD 2.50% - Ally Bank High Yield 5 Year CD
0.85%	1-year CD	12 Month CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.05%	Savings	Share Savings 1.60% - Goldman Sachs Bank USA High-yield Online Savings Account

View all University Of Michigan Credit Union rates »

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 17^th largest credit union in the state of Michigan. It is also the 366^th largest credit union in the nation. It was established in 1954 and as of December of 2017, it had grown to 149 employees and 87,051 members at 14 locations. University Of Michigan Credit Union has an A 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

Reviews (1)

Write a Review

Featured Account Options

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.

Comment

1

Health

A

Data as of Q4 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	61552
Year Chartered	1954
Employees	149
Primary Regulator

Profit Margin
Return on Assets - YTD	0.94%
Return on Equity - YTD	9.99%
Annual Interest Income	$26.4MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$793.7MM$729.3MM
Loans	Q4 2017vs Q4 2016	$578.3MM$468.6MM
Deposits	Q4 2017vs Q4 2016	$711.4MM$654.5MM
Equity Capital	Q4 2017vs Q4 2016	$73.7MM$65.5MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$4.8MM$4.3MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$6.6MM$5.6MM
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

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

APY	MIN	MAX	ACCOUNT NAME
0.05%	-	-	Share Savings
0.05%	-	-	Business Share Savings
0.05%	-	-	Penny Pioneer
0.05%	-	-	Independent Edge
0.05%	-	-	Holiday Savings
0.05%	-	-	Financial Fitness

University Of Michigan Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$25k^*	-	Money Market Savings
OTHER TIERS: 0.10% → $2k - $10k \| 0.15% → $10k - $25k
0.10%^*	$25k^*	-	Business Money Market Savings
OTHER TIERS: 0.03% → $2k - $5k \| 0.05% → $5k - $10k \| 0.08% → $10k - $25k

University Of Michigan Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$25k^*	-	Interest Checking
OTHER TIERS: 0.02% → $2k - $5k \| 0.03% → $5k - $10k \| 0.04% → $10k - $25k
0.05%^*	$25k^*	-	Advantage Business Checking
OTHER TIERS: 0.02% → $2k - $5k \| 0.03% → $5k - $10k \| 0.04% → $10k - $25k

University Of Michigan Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.66%^*	$100k^*	-	60 Month CD
OTHER TIERS: 1.36% → $500 - $10k \| 1.56% → $10k - $100k
1.51%^*	$100k^*	-	48 Month CD
OTHER TIERS: 1.26% → $500 - $10k \| 1.41% → $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
0.30%^*	$100k^*	-	6 Month CD
OTHER TIERS: 0.10% → $500 - $10k \| 0.20% → $10k - $100k

University Of Michigan Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.66%^*	$100k^*	-	60 Month IRA
OTHER TIERS: 1.36% → $500 - $10k \| 1.56% → $10k - $100k
1.51%^*	$100k^*	-	48 Month IRA
OTHER TIERS: 1.26% → $500 - $10k \| 1.41% → $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
0.30%^*	$100k^*	-	6 Month IRA
OTHER TIERS: 0.10% → $500 - $10k \| 0.20% → $10k - $100k

Locations

Availability

Detroit Area

Detroit Area bank & credit union details

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 feedback@depositaccounts.com 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.