ELECTRICAL WORKERS LOCAL 58 Credit Union Profile

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ELECTRICAL WORKERS LOCAL 58

Charter #64267 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (313) 963-6060

Fax: (313) 962-6973

Founding Date: N/A

Website: http://www.ewcu.net

Personnel & Operations

President: COACH, MICHAEL

Manager: FOX, JESSICA

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: monday thru friday 9:00 - 4:00 p.m.

Credit Union Profile Summary

ELECTRICAL WORKERS LOCAL 58 is a FISCU Credit Union. With a total of 2,030 members [1], this institution manages approximately $21,138,296 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.98% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.11% [1].

Financial Snapshot

Total Assets [1]
$21,138,296

Total economic resources.

Total Loans [1]
$5,260,505

Total value of outstanding loans.

Total Deposits [1]
$18,669,274

Total funds deposited by members.

Members [1]
2,030

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.98%

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]
0.97%

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

Loan-to-Share Ratio [1]
28.18%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 1.81%

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

Loan Growth (4Q) [1]
↓ -10.11%

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

Member Growth (4Q) [1]
↓ -10.61%

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

Headquarters Location & Map

Headquarters Address

1366 porter ST

DETROIT, MI, 48226
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by ELECTRICAL WORKERS LOCAL 58 (Charter #64267).

Main Office

electrical workers credit union Main Office

Type: Corporate Office

1366 porter ST

Detroit, MI 48226

Phone: (313) 963-6060

Services: Member Services

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Additional Branches

Detroit

electrical workers credit union

Type: Corporate Office

1366 porter ST

Detroit, MI 48226

Phone: (313) 963-6060

Services: None specified

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