Wayne Westland Federal Credit Union is headquartered in Westland and is the 94th largest credit union in the state of Michigan. It is also the 1,514th largest credit union in the nation. It was established in 1948 and as of December of 2024, it had grown to 34 employees and 10,962 members at 1 location. Wayne Westland Federal Credit Union's CD rates are 5X the national average, and it has a B health rating.
Membership in Wayne Westland Federal Credit Union is open to individuals who reside, work, regularly conduct business, attend school, worship or volunteer in Wayne County, Michigan. Those who participate in programs to relieve poverty or distress that are located in Wayne County also qualify for membership.
See current membership details
Overall | |
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NCUA # | 5928 |
Year Chartered | 1948 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.86% |
Return on Equity - YTD | 12.42% |
Annual Interest Income | $5.8MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $144.3MM$144MM |
Loans | Q4 2024vs Q4 2023 | $74.6MM$72.9MM |
Deposits | Q4 2024vs Q4 2023 | $133.9MM$135.1MM |
Equity Capital | Q4 2024vs Q4 2023 | $10MM$7.8MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $963K$865K |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $660K$216K |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Wayne Westland Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | $0 | - | Youth Account | |
0.10% | $0 | - | Christmas Club | |
0.05% | $0 | - | Savings Account | |
0.05% | $0 | - | Vacation Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.20% | $50k | - | Capital Cash Account | |
1.05% | $25k | - | Premier Investment Account | |
0.95% | $2.5k | - | Money Market Account |
Wayne Westland Federal Credit Union Locations | ||
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Branch Office | 500 S Wayne Rd | Westland, MI 48186-4361 |
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