EXTRA Credit Union Profile

Showing details for EXTRA Credit Union.

Home > MI > EXTRA

EXTRA

Charter #60428 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (586) 276-3000

Fax: (586) 276-3001

Founding Date: N/A

Website: http://www.extracreditunion.org

Personnel & Operations

President: Covert, Anne

Manager: Williams, Deidra

FT Employees: 88

PT Employees: 5

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: 9:00 A.M.-5:00 P.M.

Credit Union Profile Summary

EXTRA is a FISCU Credit Union. With a total of 18,923 members [1], this institution manages approximately $334,463,971 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 16.53% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.60% [1].

Financial Snapshot

Total Assets [1]
$334,463,971

Total economic resources.

Total Loans [1]
$186,908,003

Total value of outstanding loans.

Total Deposits [1]
$280,766,257

Total funds deposited by members.

Members [1]
18,923

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.53%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
3.47%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
66.57%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
7.44%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
0.60%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.14%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

6611 CHICAGO RD

WARREN, MI, 48092-1685

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 1 branches reported by EXTRA (Charter #60428).

Main Office

Extra Credit Union Main Office

Type: Corporate Office

6611 Chicago Rd

Warren, MI 48092-1685

Phone: (586) 276-3000

Services: Member Services, ATM, Drive-Thru

Open in Directions