Credit union · NCUA insured
Southeast Michigan State EFCU
A $51.5M credit union headquartered in West Bloomfield, MI, with 3,124 members and 1 branch in Michigan. Best rates: CDs 3.54% and savings 0.50% APY.
Southeast Michigan State EFCU Carrot Score
70
Carrot Score
Higher than 27% of U.S. banks and credit unions
#63 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Southeast Michigan State EFCU
Founded in 1952, Southeast Michigan State Employees Federal Credit Union is dedicated to serving the financial needs of public servants throughout Southeast Michigan.
The credit union is headquartered in West Bloomfield, Michigan.
- Headquarters
- 6230 Orchard Lake Rd, 290, West Bloomfield, MI 48322
- NCUA charter
- 7628
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Individuals employed by local governments in Lenawee, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, or Wayne County are eligible to join.
- Retirees of the State of Michigan and eligible local governments are welcome to join.
- Employees of the State of Michigan are eligible to join.
Family and household
- Immediate family members of eligible State of Michigan employees, local government employees, and retirees are eligible to join.
Cost to join
- An initial deposit of at least $5 into a share (savings) account is required to secure membership.
Branches
1 branch in Michigan
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Michigan
1 branch
- Southeast Michigan State Employees Federal Credit UnionMain office6230 Orchard Lake Rd, 290, West Bloomfield, MI 48322Directions
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 | 12.07% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.14% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.10% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $18 | $59 | — |
- CapitalNet worth ratio12.07%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.14%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.10%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$18Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Southeast Michigan State EFCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.