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MICHIGAN EDUCATIONAL CREDIT UNION
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MICHIGAN EDUCATIONAL CREDIT UNION
| RSSD ID 267090 | CHARTER 60931 |
| 9200 N Haggerty Road |
Quarter Ended : |
2026-03-31 |
| Plymouth, MI, 48170-4633 |
Agency Update : |
2026-04-28 |
| 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 : |
47,969 |
Potential Members : |
1,000,000 |
| Full-time Employees : |
91 |
Part-time Employees : |
3 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 1,113,356,302 |
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Total Interest Income | 10,012,401 |
| Total Liabilities | 996,824,173 |
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Total NonInterest Income | 1,174,342 |
| Total Shares and Deposits | 989,260,663 |
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Total Interest Expense | 2,755,311 |
| Total Equity | 128,504,801 |
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Total NonInterest Expense | 7,156,956 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 128,504,801 |
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Total Number | 32,303 |
| Net Worth Ratio | 11.54 |
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Total Amount | 482,803,357 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 81 |
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Total Delinquent(60+ Days) Amount | 1,181,356 |
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