DIVERSIFIED MEMBERS Credit Union Profile

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DIVERSIFIED MEMBERS

Charter #62339 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (313) 568-5000

Fax: (313) 568-6170

Founding Date: N/A

Website: http://www.dmcu.com

Personnel & Operations

President: Lamerato, Anthony

Manager: Smith, Sati

FT Employees: 95

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 4

Hours: Monday-Thursday 8:30 - 4:30 Friday 8:30 - 6

Credit Union Profile Summary

DIVERSIFIED MEMBERS is a FISCU Credit Union. With a total of 30,696 members [1], this institution manages approximately $556,184,826 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.25% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.41% [1].

Financial Snapshot

Total Assets [1]
$556,184,826

Total economic resources.

Total Loans [1]
$279,564,467

Total value of outstanding loans.

Total Deposits [1]
$425,461,671

Total funds deposited by members.

Members [1]
30,696

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.25%

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]
0.41%

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

Loan-to-Share Ratio [1]
65.71%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
14.75%

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

Loan Growth (4Q) [1]
2.41%

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

Member Growth (4Q) [1]
1.51%

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

Headquarters Location & Map

Headquarters Address

1480 E Jefferson Ave

Detroit, MI, 48207

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 4 branches reported by DIVERSIFIED MEMBERS (Charter #62339).

Main Office

Main Office Main Office

Type: Corporate Office

1480 E Jefferson Ave

Detroit, MI 48207

Phone: (313) 568-5000

Services: Member Services

Open in Directions

Additional Branches

Clawson

Clawson

Type: Branch Office

625 N Main St

Clawson, MI 48017-1529

Phone: (248) 435-0950

Services: Member Services, ATM

Open in Directions

Detroit

Coleman A. Young Municipal Center

Type: Branch Office

2 Woodward Ave Rm 118

Detroit, MI 48226-3476

Phone: (313) 202-9388

Services: Member Services, ATM

Open in Directions

Novi

Novi Branch

Type: Branch Office

25880 Novi Rd

Novi, MI 48375-1610

Phone: (248) 277-3628

Services: Member Services, ATM, Drive-Thru

Open in Directions