MICHIGAN EDUCATIONAL Credit Union Profile

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MICHIGAN EDUCATIONAL

Charter #60931 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (734) 455-9200

Fax: (734) 416-5256

Founding Date: N/A

Website: http://www.michedcu.org

Personnel & Operations

President: Glaze, Alonzo

Manager: Sandercock, Robert

FT Employees: 85

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 6

Hours: Monday - Friday 9:30am-5:30pm

Credit Union Profile Summary

MICHIGAN EDUCATIONAL is a FISCU Credit Union. With a total of 47,589 members [1], this institution manages approximately $1,076,553,763 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.58% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.04% [1].

Financial Snapshot

Total Assets [1]
$1,076,553,763

Total economic resources.

Total Loans [1]
$481,191,534

Total value of outstanding loans.

Total Deposits [1]
$959,582,957

Total funds deposited by members.

Members [1]
47,589

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.58%

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]
0.34%

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

Loan-to-Share Ratio [1]
50.15%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 5.94%

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

Loan Growth (4Q) [1]
↓ -3.04%

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

Member Growth (4Q) [1]
↓ -2.35%

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

Headquarters Location & Map

Headquarters Address

9200 N Haggerty Rd

Plymouth, MI, 48170-4633
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 6 branches reported by MICHIGAN EDUCATIONAL (Charter #60931).

Main Office

Michigan Educational Credit Union Main Office

Type: Corporate Office

9200 N Haggerty Rd

Plymouth, MI 48170-4633

Phone: (734) 455-9200

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Ann Arbor

MECU-Ann Arbor

Type: Branch Office

4141 Jackson Rd

Ann Arbor, MI 48103-1827

Phone: (734) 761-7505

Services: Member Services, ATM, Drive-Thru

Open in Directions

Brighton

MECU-Brighton

Type: Branch Office

123 Brighton Lake Rd

Brighton, MI 48116-6721

Phone: (810) 494-6000

Services: Member Services, ATM

Open in Directions

Livonia

MECU-Livonia

Type: Branch Office

14921 Middlebelt Rd

Livonia, MI 48154-4032

Phone: (734) 261-1050

Services: Member Services, ATM

Open in Directions

Macomb

MECU-Macomb

Type: Branch Office

47230 Hayes Rd

Macomb, MI 48044-5023

Phone: (586) 566-5599

Services: Member Services, ATM

Open in Directions

Royal Oak

MECU-Royal Oak

Type: Branch Office

1903 Rochester Rd

Royal Oak, MI 48073

Phone: (248) 399-7473

Services: None specified

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