Credit Unions Near Me
National Credit Union Service Organization

OUR CREDIT UNION

Mar, 31, 2021 — OUR CREDIT UNION is a federally insured state chartered credit union headquartered in ROYAL OAK, MI with 5 branch locations and about $344.19 million in total assets. Opened 62 years ago in 1959, OUR CREDIT UNION has about 22,140 members and employs 80 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: 272484373
Name:OUR CREDIT UNION
Address:
(Main Office)
3070 NORMANDY RD
ROYAL OAK, MI 48073
Phone:(248) 549-3838
Fax:(248) 549-0203
Website:http://www.ourcuonline.org
Branches:5 branch locations
Members:22,140
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62028
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$344,187,190
CEO/Manager:Tina Dix
Chairperson:Brian Cook

Call Report

  • Commercial Loans
  • Indirect Commercial Loans
  • Indirect Consumer Loans
  • Indirect Mortgage Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 17,952,869
TOTAL INVESTMENTS 98,245,450
Loans Held for Sale 0
 
 Real Estate Loans 90,726,812
 Unsecured Loans 21,210,700
 Other Loans 100,826,829
 TOTAL LOANS 212,764,341
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,480,884
 Land And Building 5,977,100
 Other Fixed Assets 830,056
 NCUSIF Deposit 2,706,412
 All Other Assets 8,191,846
  TOTAL ASSETS 344,187,190
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,713,792
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 76,036,819
 Regular shares 158,875,020
 All Other Shares & Deposits 80,045,141
  TOTAL SHARES & DEPOSITS 314,956,980
  TOTAL LIABILITIES 316,670,772
 Regular Reserve 3,273,619
 Other Reserves -281,716
 Undivided Earnings 24,524,515
  TOTAL EQUITY 27,516,418
  TOTAL LIABILITIES, SHARES, & EQUITY 344,187,190
INCOME & EXPENSE  
 Loan Income 2,253,959
 Investment Income 200,455
 Other Income 460,307
 Total Employee Compensation & Benefits 1,328,428
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,660,175
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 86,686
 Cost of Funds 194,834
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 142,173
↑ Back to Top

Other Credit Unions

CONSTRUCTION FEDERAL CREDIT UNION
30400 TELEGRAPH RD STE 122, BINGHAM
BINGHAM FARMS, MI 48025
SOUTHEAST MICHIGAN STATE EMPLOYEES CREDIT UNION
17135 W. 10 MILE ROAD
SOUTHFIELD, MI 48075
CREDIT UNION ADVANTAGE
22250 PROVIDENCE DR
SOUTHFIELD, MI 48075-4825
TANDEM FEDERAL CREDIT UNION
21043 Mound Rd
WARREN, MI 48091-2903
T&I CREDIT UNION
600 N MAIN ST
CLAWSON, MI 48017
ABD FEDERAL CREDIT UNION
27850 MOUND RD
WARREN, MI 48092
UNITY CREDIT UNION
7240 E 12 MILE RD
WARREN, MI 48092
BIRMINGHAM-BLOOMFIELD CREDIT UNION
576 E LINCOLN ST
BIRMINGHAM, MI 48009-1757
POLISH-AMERICAN FEDERAL CREDIT UNION
2889 E MAPLE RD
TROY, MI 48083
EXTRA CREDIT UNION
6611 CHICAGO ROAD
WARREN, MI 48092