Credit Unions Near Me
National Credit Union Service Organization

EXTRA CREDIT UNION

Sep, 30, 2022 — EXTRA CREDIT UNION is a federally insured state chartered credit union headquartered in WARREN, MI with 1 branch location and about $319.19 million in total assets. Opened 69 years ago in 1954, EXTRA CREDIT UNION has about 18,943 members and employs 84 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 272477432
Name:EXTRA CREDIT UNION
Address:
(Main Office)
6611 Chicago Rd
WARREN, MI 48092-1685
Phone:(586) 276-3000
Fax:(586) 276-3001
Website:https://www.extracreditunion.org
Branches:1 branch locations
Members:18,943
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60428
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1954
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$319,193,033
CEO/Manager:Deidra M Williams
Chairperson:Anne Covert

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 18,703,620
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 71,051,971
 Unsecured Loans 34,165,065
 Other Loans 44,711,538
 TOTAL LOANS 149,962,825
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,110,321
 Land And Building 4,871,144
 Other Fixed Assets 816,699
 NCUSIF Deposit 2,784,070
 All Other Assets 99,051
  TOTAL ASSETS 319,193,033
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,989,651
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 65,793,976
 Regular shares 131,023,796
 All Other Shares & Deposits 89,928,273
  TOTAL SHARES & DEPOSITS 286,746,045
  TOTAL LIABILITIES 289,735,696
 Regular Reserve 0
 Other Reserves -10,385,331
 Undivided Earnings 39,842,668
  TOTAL EQUITY 29,457,337
  TOTAL LIABILITIES, SHARES, & EQUITY 319,193,033
INCOME & EXPENSE  
 Loan Income 8,165,227
 Investment Income 1,660,115
 Other Income 2,842,479
 Total Employee Compensation & Benefits 5,698,294
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,610,254
 Non-operating Income & (Expense) -14,266
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,469,629
 Cost of Funds 313,009
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,059,064
↑ Back to Top

Other Credit Unions

TANDEM FEDERAL CREDIT UNION
21043 Mound Rd
WARREN, MI 48091-2903
WARREN MUNICIPAL FEDERAL CREDIT UNION
31300 Hoover Rd
WARREN, MI 48093-1774
EASTPOINTE COMMUNITY CREDIT UNION
22544 Gratiot Ave
EASTPOINTE, MI 48021-2312
ABD FEDERAL CREDIT UNION
27850 MOUND RD
WARREN, MI 48092
UNITY CREDIT UNION
7240 E 12 MILE RD
WARREN, MI 48092
T&I CREDIT UNION
600 N Main St
CLAWSON, MI 48017
LIVE LIFE FEDERAL CREDIT UNION
34200 Utica Rd
FRASER, MI 48026
UKRAINIAN SELFRELIANCE MICHIGAN FEDERAL CREDIT UNION
26791 Ryan Rd
WARREN, MI 48091-4073
POLISH-AMERICAN FEDERAL CREDIT UNION
2889 E Maple Rd
TROY, MI 48083
THE LOCAL CREDIT UNION
39139 Mound Rd
STERLING HEIGHTS, MI 48310-2737