Michigan Educational Credit Union

About Michigan Educational Credit Union

Michigan Educational Credit Union Location

9200 Haggerty Road
Plymouth, MI 48170

Phone: (734) 455-9200
Website: www.michedcu.org
Routing/Transit Number: Not Available


Michigan Educational Credit Union Information

Michigan Educational Credit Union of Plymouth, MI is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 50192 members and assets of $494,082,246, as compared to the national average of $93 million dollars of assets per credit union. Michigan Educational Credit Union, first opened in 1942 and has been in operation since then. Additionally, Michigan Educational Credit Union has 80 full time employees and 3 part time employees, or 604.722891566 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Michigan Educational Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Michigan Educational Credit Union is a not-for-profit, cooperative, tax-exempt organization.