Credit union · NCUA insured
Extra Credit Union
Top CarrotA $344.4M credit union headquartered in Warren, MI, with 19,006 members and 2 branches in Michigan. Best rates: CDs 4.37% and savings 1.50% APY.
Extra Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 98% of U.S. banks and credit unions
#2 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Extra Credit Union
Founded in 1954 by a small group of educators pooling their resources, Extra Credit Union is a member-owned, not-for-profit credit union.
Headquartered in Warren, Michigan, the credit union operates a branch at its headquarters and a lending center in Washington Township.
- Headquarters
- 6611 Chicago Rd, Warren, MI 48092-1685
- NCUA charter
- 60428
Branches
2 branches in Michigan
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Michigan
2 branches
- Extra Credit UnionMain office6611 Chicago Rd, Warren, MI 48092Directions
- Washington Township Branch59321 Van Dyke Rd, Washington Township, MI 48094Directions
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
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 17.51% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.56% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.18% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $64 | $76 | — |
- CapitalNet worth ratio17.51%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.56%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.18%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$64Peers’ 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 Extra Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.