About UMCU

UMCU Financial Highlights

The University of Michigan Credit Union Board of Directors is comprised of fellow member owners who serve on a volunteer basis. This ensures that efficient, personalized service remains our number one priority. It also maintains the integrity of safe, sound operations.

UMCU does not invest in risky ventures. It invests primarily in YOU and your fellow member owners in the form of prudent loans which are repaid on a timely basis. Our loan portfolio is carefully monitored to ensure that a balance is maintained with a variety of consumer and real estate loans. Funds are also conservatively invested, with over 90% of the investment portfolio placed in government agency securities.

Deposit accounts are federally insured by the NCUA for up to $250,000.

Important News: The Government has taken supervisory action against three “corporate” credit unions. What’s the impact to UMCU? Click here to learn more.

Statement of Financial Condition
• September 30, 2011
• June 30, 2011
• March 31, 2011
• December 31, 2010
• September 30, 2010
• June 30, 2010
• March 31, 2010
• December 31, 2009
• September 30, 2009
• June 30, 2009
• March 31, 2009
  
  Statement of Income and Expenses
• September 30, 2011
• June 30, 2011
• March 31, 2011
• December 31, 2010
• September 30, 2010
• June 30, 2010
• March 31, 2010
• December 31, 2009
• September 30, 2009
• June 30, 2009
• March 31, 2009

 

 

 

Federally
Insured
by NCUA

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Mortgage loan services provided by MemberFirst Mortgage LLC (NMLS #149532) and UMCU (NMLS #712343)