Credit union · NCUA insured
Wayne Westland Federal Credit Union
A $159.7M credit union headquartered in Westland, MI, with 10,762 members and 1 branch in Michigan. Best rates: CDs 4.06% and savings 0.95% APY.
Wayne Westland Federal Credit Union Carrot Score
81
Carrot Score
Higher than 55% of U.S. banks and credit unions
#42 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Wayne Westland Federal Credit Union
Founded in 1954, Wayne Westland Federal Credit Union is based in Westland, Michigan, and serves communities across Wayne County and the surrounding Metro Detroit area.
The member-owned credit union is a Certified Community Development Financial Institution (CDFI).
- Headquarters
- 500 S Wayne Rd, Westland, MI 48186-4361
- NCUA charter
- 5928
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- You are eligible for membership if you live, work (or regularly conduct business in), worship, attend school, perform volunteer services, participate in associations headquartered in, participate in programs to relieve poverty or distress which are located in, or are incorporated or unincorporated organizations located in or maintaining a facility in Wayne County, Michigan.
Cost to join
- A minimum share deposit of $5 is required to open a savings account.
- A $2 membership fee is required, which goes toward the nonprofit Community Social Services of Wayne County.
Branches
1 branch in Michigan
Loading map…
Michigan
1 branch
- Wayne Westland Federal Credit UnionMain office500 S Wayne Rd, Westland, MI 48186Directions
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 | 11.26% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.47% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.85% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $50 | $76 | — |
- CapitalNet worth ratio11.26%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.47%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.85%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$50Peers’ 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 Wayne Westland Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.