University Of Michigan Credit Union


Overview / Commentary
734-662-8200
340 E Huron St Suite 100
Ann Arbor, MI 48104

University Of Michigan Credit Union is headquartered in Ann Arbor and is the 20th 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 June of 2024, it had grown to 223 employees and 120,207 members at 15 locations. University Of Michigan Credit Union has a B+ health rating.

Reviews (1)

Unamerican Company

Posted by: |

Every company is out to take advantage of everyone they can.
It is the new way to do business. Dishonesty and deception. Has become the new business common practice.
University Of Michigan Credit union, Is NO exception.
Covid changed everything. Everything has doubled. Prices, Fees, and businesses taking advantage of everyone. Even companies that were once respectable.
University Of Michigan Credit Union is no exception to the new “Screw you over” business practices.
I have been a longtime customer. With business and personal accounts. Have one auto loan and another credit card, almost paid off after 5 years of paying on time. Even paying more than asked, most months.
NEVER missing a payment. Even during covid. When I didn’t have work for a year. And no one helped me!!!
Being self employed, and a middleaged caucasin male.
Now that I made it through covid, and need help keeping my successful business from going under, due to equipment needs.
University Of Michigan Credit Union refuses to help me in any way. And I have excellent credit not to mention above attributes.
I highly recommend doing business with a bank who cares about their customers.
UNLIKE UNIVERSITY OF MICHIGAN CREDIT UNION



Health
B+

Health Grade Components

Overall
NCUA #61552
Year Chartered1954
Employees223
Primary Regulator
Profit Margin
Return on Assets - YTD2.42%
Return on Equity - YTD24.85%
Annual Interest Income$30MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.37B$1.4B
LoansQ2 2024vs Q2 2023$1.06B$1.06B
DepositsQ2 2024vs Q2 2023$1.06B$1.12B
Equity CapitalQ2 2024vs Q2 2023$133.3MM$106.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$9.5MM$9.1MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$7.2MM$5.9MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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