I.M. DETROIT DISTRICT Credit Union Profile

Showing details for I.M. DETROIT DISTRICT Credit Union.

Home > MI > I.M. DETROIT DISTRICT

I.M. DETROIT DISTRICT

Charter #62167 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (313) 259-5817

Fax: (313) 259-7077

Founding Date: N/A

Personnel & Operations

President: Hollowell, Kenneth

Manager: Parker, Clorine

FT Employees: 0

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: 8:00A.M. TO 4:30P.M.

Credit Union Profile Summary

I.M. DETROIT DISTRICT is a FISCU Credit Union. With a total of 51 members [1], this institution manages approximately $2,160,636 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 22.37% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at % [1].

Financial Snapshot

Total Assets [1]
$2,160,636

Total economic resources.

Total Loans [1]
$1,171

Total value of outstanding loans.

Total Deposits [1]
$1,665,544

Total funds deposited by members.

Members [1]
51

Number of active members.

Performance Ratios

Net Worth Ratio [1]
22.37%

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]
2.69%

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

Loan-to-Share Ratio [1]
0.07%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 17.53%

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

Loan Growth (4Q) [1]
↑ %

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

Member Growth (4Q) [1]
↑ 18.60%

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

Headquarters Location & Map

Headquarters Address

2101 GRATIOT AVE

DETROIT, MI, 48207-2709
Open in Google Maps

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 2 branches reported by I.M. DETROIT DISTRICT (Charter #62167).

Main Office

I.M. DETROIT DISTRICT CU Main Office

Type: Corporate Office

2101 Gratiot Ave

Detroit, MI 48207-2709

Phone: (313) 259-5817

Services: Member Services

Open in Directions

Additional Branches

Detroit

Kenneth Hollowell

Type: Branch Office

465 Clairpointe Woods Dr

Detroit, MI 48215

Phone: (313) 980-4172

Services: None specified

Open in Directions