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 MICHIGAN EDUCATIONAL CREDIT UNION
MICHIGAN EDUCATIONAL CREDIT UNION
| RSSD ID 267090 | CHARTER 60931 |
| 9200 N HAGGERTY ROAD |
Quarter Ended : |
2025-06-30 |
| PLYMOUTH, MI, 48170-4633 |
Agency Update : |
2025-07-24 |
| http://www.michedcu.org |
| Institution Profile |
| Chartered : |
1942 |
Institution Type : |
Credit Union |
| Credit Union Type : |
State |
Federal Regulator : |
NCUA |
| Membership Type : |
State chartered natural person credit union |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
47,589 |
Potential Members : |
1,000,000 |
| Full-time Employees : |
85 |
Part-time Employees : |
3 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 1,076,553,763 |
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Total Interest Income | 18,289,151 |
| Total Liabilities | 968,164,177 |
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Total NonInterest Income | 2,108,232 |
| Total Shares and Deposits | 959,582,957 |
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Total Interest Expense | 5,041,739 |
| Total Equity | 124,517,503 |
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Total NonInterest Expense | 13,207,702 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 124,730,683 |
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Total Number | 32,780 |
| Net Worth Ratio | 11.58 |
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Total Amount | 481,191,534 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 69 |
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Total Delinquent(60+ Days) Amount | 1,205,046 |
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:· MICHIGAN EDUCATIONAL CREDIT UNION
