Eastern Michigan University Federal Credit Union

Headquarters

761 Jenness St.
Ypsilanti, MI 48197
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Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Eastern Michigan University is an NCUA insured institution located in Ypsilanti, MI. It was founded in 1958 and has approximately $20.45 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 62184
Date Established 1958
Assets $20.45 million
Loans $7.09 million
Deposits $17.60 million
Capital $2.87 million
 

Deposit Rates - November 25, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Eastern Michigan University

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Note to Eastern Michigan University
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Loan Rates - November 25, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Eastern Michigan University

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.356% 6.250% 0.63 $3,600 $1,971 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.710% 6.625% 0.63 $2,818 $2,049 Learn More
PenFed Credit Union
NMLS ID: 401822
7.034% 6.875% 1.00 $5,195 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.212% 7.125% 0.88 $2,800 $2,156 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info

Note to Eastern Michigan University
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Eastern Michigan University branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Eastern Michigan University Locations around zip code 43085


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Climate Policy and Initiatives

EASTERN MICHIGAN UNIVERSITY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Eastern Michigan University Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Eastern Michigan University. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Eastern Michigan University U.S. Average
0.90% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Eastern Michigan University had $26,268 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,871,971 in net worth and $46,942 in loans loss reserves. That gives it a Texas Ratio of 0.90%.

Net Worth
Eastern Michigan University U.S. Average
14.04% 13.93%

Eastern Michigan University FCU has a net worth of 14.04% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Eastern Michigan University

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