| Credit Union Charter #61552

University of Michigan

Michigan JSON

Institution Profile

Address: PO Box 7850 Ann Arbor, MI 48107

(734) 662-8200

Website:

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NCUA Profile:

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Charter Date:

1/1/1954

Charter Type:

State

Branches:

17

Branches by Region
MI 15

Financial Overview

Total Assets
$1.41B
Total Deposits
$1.09B
Total Loans
$1.12B
Members
122,134
Employees
244 241 Full-time / 3 Part-time
Allowance for Loan Losses
$11.32M

Performance Ratios

Net Worth Ratio
10.88%
Loan-to-Deposit Ratio
102.65%
Coverage Ratio
1.01% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +39.82% Total Deposits: +29.30% Total Loans: +49.30% since 2020 Q1

Member Growth

Member Growth

Members: +20.79% since 2020 Q1

Employee Growth

Employee Growth

Employees: +37.85% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
13,649
Amount This Year (YTD)
$394.66M

Number of Loans per Quarter

Loans Granted: -48.61% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +52.71% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1st Mortgages
$453.91M 40.6%
Used Vehicle
$230.02M 20.6%
New Vehicle
$126.11M 11.3%
Credit Card
$115.67M 10.3%
HELOCs
$84.33M 7.5%
Other Unsecured
$59.78M 5.3%
Leases
$19.67M 1.8%
Other Secured
$15.53M 1.4%
CRE: Owner-Occupied
$5.26M 0.5%
Student Loans
$4.92M 0.4%
CRE: Multifamily
$3.16M 0.3%
CRE: Non-Owner-Occupied
$328,063 0.0%
Other Real Estate
$59,900 0.0%
Commercial Unsecured
$49,960 0.0%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 122,134 $1.41B $1.09B $1.12B 244
2025 Q3 121,675 $1.38B $1.06B $1.13B 237
2025 Q2 119,873 $1.40B $1.07B $1.12B 239
2025 Q1 120,394 $1.38B $1.07B $1.04B 226
2024 Q4 119,095 $1.35B $1.04B $1.04B 230
2024 Q3 118,034 $1.33B $1.02B $1.05B 232
2024 Q2 120,207 $1.37B $1.06B $1.06B 232
2024 Q1 118,969 $1.37B $1.07B $1.06B 227
2023 Q4 117,703 $1.36B $1.07B $1.07B 223
2023 Q3 116,481 $1.35B $1.07B $1.06B 213
2023 Q2 117,425 $1.40B $1.12B $1.06B 213
2023 Q1 117,425 $1.39B $1.15B $1.07B 201
2022 Q4 115,824 $1.36B $1.15B $1.07B 196
2022 Q3 114,863 $1.38B $1.16B $1.06B 192
2022 Q2 113,482 $1.35B $1.17B $1.05B 183
2022 Q1 113,482 $1.36B $1.17B $988.98M 178
2021 Q4 110,561 $1.32B $1.14B $912.53M 176
2021 Q3 108,306 $1.29B $1.10B $881.42M 171
2021 Q2 105,319 $1.28B $1.10B $852.36M 177
2021 Q1 106,634 $1.26B $1.08B $837.07M 179
2020 Q4 105,129 $1.19B $1.01B $837.38M 181
2020 Q3 103,219 $1.13B $960.92M $815.73M 178
2020 Q2 100,292 $1.12B $948.46M $767.33M 176
2020 Q1 101,113 $1.01B $842.91M $749.34M 177

Interest Rates

Current average rates by loan type

New Vehicle
5.49%
Used Vehicle
5.49%
1st Mortgage (Fixed)
5.38%
HELOC
7.00%
Credit Card
8.99%
Other Unsecured
9.75%