Credit union · NCUA insured
Diversified Members Credit Union
A $595.5M credit union headquartered in Detroit, MI, with 31,290 members and 4 branches in Michigan. Best rates: CDs 5.15% and savings 0.85% APY.
Diversified Members Credit Union Carrot Score
85
Carrot Score
Higher than 71% of U.S. banks and credit unions
#29 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Diversified Members Credit Union
Diversified Members Credit Union opened in Detroit, Michigan on November 2, 1929, initially serving the financial needs of Detroit municipality workers.
Formerly known as Detroit Municipal and Detroit Metropolitan Credit Union, it merged with Clawson Community Credit Union in 2012 and Iron Workers Local 25 Credit Union in 2014.
DMCU expanded its charter to the entire state of Michigan and serves over 30,000 members with branch locations in Detroit, Clawson, and Novi.
- Headquarters
- 1480 E Jefferson Ave, Detroit, MI 48207
- NCUA charter
- 62339
Branches
4 branches in Michigan
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Michigan
4 branches
- Main OfficeMain office1480 E Jefferson Ave, Detroit, MI 48207Directions
- Clawson625 N Main St, Clawson, MI 48017Directions
- Coleman A. Young Municipal Center2 Woodward Ave Rm 118, Detroit, MI 48226Directions
- Novi Branch25880 Novi Rd, Novi, MI 48375Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.71% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.73% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.05% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $57 | $76 | — |
- CapitalNet worth ratio14.71%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.73%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.05%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$57Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Diversified Members Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.