Sep, 30, 2025 — CREDIT UNION ONE is a federally insured state chartered credit union headquartered in FERNDALE, MI with 17 branch locations and about $1.73 billion in total assets. Opened 88 years ago in 1938, CREDIT UNION ONE has about 108,401 members and employs 329 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CREDIT UNION ONE |
|---|---|
| Address: (Main Office) | 400 E 9 Mile Rd FERNDALE, MI 48220 |
| Phone: | (248) 398-1210 |
| Fax: | (248) 584-5442 |
| Website: | https://www.cuone.org |
| Branches: | 17 branch locations |
| Members: | 108,401 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62562 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,730,971,303 |
| CEO/Manager: | Gary A Moody |
| Chairperson: | Guadalupe G Lara |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 76,146,057 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 3,520,818 |
| Real Estate Loans | 817,937,552 |
| Unsecured Loans | 88,866,498 |
| Other Loans | 334,342,344 |
| TOTAL LOANS | 1,241,174,803 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,191,315 |
| Land And Building | 24,555,371 |
| Other Fixed Assets | 4,213,714 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 14,524,089 |
| All Other Assets | 579,034 |
| TOTAL ASSETS | 1,730,971,303 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 333,887 |
| Notes & Interest Payable | 2,223,254 |
| Accounts Payable & Other Liabilities | 11,336,132 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 475,591,031 |
| Regular shares | 444,341,596 |
| All Other Shares & Deposits | 614,616,164 |
| TOTAL SHARES & DEPOSITS | 1,534,548,791 |
| TOTAL LIABILITIES | 1,548,465,882 |
| Regular Reserve | 0 |
| Other Reserves | 22,191,171 |
| Undivided Earnings | 160,314,250 |
| TOTAL EQUITY | 182,505,421 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,730,971,303 |
| INCOME & EXPENSE | |
| Loan Income | 55,470,870 |
| Investment Income | 9,143,984 |
| Other Income | 2,888,818 |
| Total Employee Compensation & Benefits | 25,205,419 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 24,139,850 |
| Non-operating Income & (Expense) | -33,267 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,527,403 |
| Cost of Funds | 9,270,193 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,359,220 |
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