Michigan Educational Credit Union Plymouth MI | Affordable Vehicle Loans & Personal Banking

Introduction

Welcome to Michigan Educational Credit Union, your trusted financial partner located at 9200 N Haggerty Rd, Plymouth, MI 48170. Established in 1942, we have proudly served our community for over 80 years, fostering a spirit of collaboration and support among our 48,745 members. With total assets exceeding $1 billion and a net worth of $121,908,341, we are committed to providing secure and reliable banking solutions tailored to meet your needs. At Michigan Educational Credit Union, we understand the importance of building strong relationships with our members. Our dedicated team of 89 employees, led by CEO Robert Sandercock and Board President Alonzo Glaze, strives to create a welcoming environment where everyone feels valued. Whether you're looking for checking and savings accounts, auto loans, or personal loans, our goal is to help you achieve your financial aspirations. While members can visit us at our branch address for personalized service, official correspondence should be directed to our mailing address: 9200 N Haggerty Road, Plymouth, MI 48170-4633. We invite you to explore the wide range of services we offer, including online and mobile banking options for your convenience. With total deposits amounting to $84,433,289 and an extensive portfolio of over 30,885 loans, we are well-equipped to assist you on your financial journey. Ready to take the next step? Feel free to reach out to us at 734-455-9200 or visit our website at Michigan Educational Credit Union for more information. Join us today and experience the difference a member-focused credit union can make!

Branch History & Mission

Community Impact

Our impact extends beyond banking services as we actively participate in community initiatives. Whether it's sponsoring local events or offering financial literacy workshops, we strive to make a positive difference in the lives of those around us. By fostering financial education and support within the community, we help create a stronger future for all. We invite you to join us on this journey towards financial empowerment. Experience the benefits of membership at Michigan Educational Credit Union where your goals become our mission. Together, let's build a brighter future! For more information about becoming a member or accessing our services, please visit us online at Michigan Educational Credit Union or give us a call at (734) 455-9200.

Our Journey

Our journey began over 80 years ago when a group of educators came together to form an organization that would provide affordable financial services to those who serve our schools. From that humble beginning at our branch located at 9200 N Haggerty Rd, Plymouth, MI 48170, we've expanded our services to include personal banking, auto loans, mortgages, and business financing. We believe in supporting not just our members but also the broader community through outreach programs and partnerships with local organizations. As we evolved, we embraced digital advancements to ensure our members have access to modern banking conveniences. We offer online banking, mobile payments, and electronic statements all designed to make managing finances easier and more accessible for everyone.

Our Mission

At Michigan Educational Credit Union, our mission is simple yet powerful: to empower our members with the tools they need for financial success while fostering a sense of community. We are committed to providing personalized service and support that goes beyond transactions. Our goal is to build lasting relationships with each member, ensuring they feel valued and understood. We understand the importance of accessibility; that's why we offer drive-thru banking services alongside our ATM facilities. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to 9200 N Haggerty Road, Plymouth, MI 48170-4633 if it differs from this address.

Branch Location & Accessibility

Accessibility Features

At our Plymouth location, we prioritize accessibility for all members. Our branch features ADA-compliant facilities including ramps and easy access points for those with mobility challenges. Parking is ample and conveniently located close to the entrance, ensuring a smooth visit whether you're stopping by for a quick transaction or a more in-depth consultation.

Operating Hours

We understand that your time is valuable. That's why our lobby hours are set from 9:30 AM to 5:30 PM, Monday through Friday. This schedule makes it easy to fit banking into your busy day. If you need cash outside of these hours, don't worry! We also offer ATM services right on-site for your convenience.

Services Offered

Michigan Educational Credit Union is proud to provide a wide array of services tailored to meet the needs of our members. From personal banking options such as checking and savings accounts to auto loans and mortgage financing, we have you covered. Plus, our drive-thru service allows for quick deposits and withdrawals without leaving your vehicle. For any inquiries or further assistance, feel free to give us a call at 734-455-9200. Our friendly team is always ready to help you find the best solutions tailored just for you! We invite you to stop by our Plymouth branch today experience first-hand how we can support your financial journey!

Member Eligibility

Welcome to the Michigan Educational family, where becoming a member means joining a caring community that values your financial well-being. At Michigan Educational, located at 9200 N Haggerty Rd Plymouth Mi 48170, we believe in making banking accessible and friendly for everyone. If you're a student, parent of a student, or an employee of any educational institution in Michigan, you're already eligible to become part of our credit union! We also extend membership to those who live or work in certain communities around us. It's our way of ensuring that more people can enjoy the benefits we offer, such as lower loan rates and personalized service. Getting started is easy! You can find detailed information about membership eligibility by visiting this link. When you're ready to open your account, simply head over to our online application at this page. If you have any questions or need assistance, don't hesitate to give us a call at (734) 455-9200. We're here to help you every step of the way!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $7 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $105,695, we continue to drive economic growth by financing new and expanding businesses. Imagine having the funds to invest in new equipment or hire additional staff those opportunities are within reach with our competitive loan options.

Merchant Services that Matter

In today's fast-paced market, efficient transactions are key. Our merchant services streamline payment processing, allowing you to focus on what matters most: running your business. By simplifying how you accept payments, we help you enhance customer satisfaction and boost sales. Located at 9200 N Haggerty Rd Plymouth Mi 48170 in Plymouth, MI, we're here to help your business thrive. Connect with us at (734) 455-9200 to learn more about how we can support your financial needs!

Comprehensive List Of Services

Always Here for You

With operating hours from Monday to Friday between 9:30 AM and 5:30 PM, our friendly staff is always ready to help. If you ever have questions or need assistance, don't hesitate to call us at (734) 455-9200. As a member-focused credit union, we aim to provide financial solutions that empower you in every aspect of life. Explore all that Michigan Educational has to offer by visiting us online at Michigan Educational Credit Union. Join us today and discover how easy banking can be!

Business Solutions That Work for You

For entrepreneurs and small business owners, Michigan Educational provides robust business banking services. Our merchant services streamline payment processing while our business loans offer support when you need it most. We understand the challenges faced by businesses today, and we're committed to providing the tools you need to thrive.

Convenient Access to Your Funds

Accessing your money should be hassle-free. At Michigan Educational, we have ATM services that allow for cash withdrawals and balance checks whenever you need them. Our drive-thru banking offers a quick way to handle deposits and simple transactions without leaving your car.

Personal Banking Made Easy

When it comes to personal banking, Michigan Educational offers everything you need. From checking and savings accounts that help you manage your everyday finances to auto loans and vehicle financing, we have options that fit your lifestyle. If you're considering home ownership, our mortgage loans and refinancing services can guide you through the process with ease. Plus, for those unexpected expenses or plans, our personal loans and debt consolidation options are designed to give you peace of mind. Our credit cards come with rewards that can benefit your daily purchases, making them a practical choice for savvy spenders. With online and mobile banking available, managing your accounts has never been simpler. You can check balances, transfer funds, or pay bills right from your smartphone or computer.

Digital & Online Banking

Mobile Banking Made Easy

Our mobile application is user-friendly and packed with features to help you stay connected with your finances. You can make mobile payments directly from your phone, making it easy to shop without the hassle of cash or cards. Plus, if you prefer going paperless, e-statements are readily available to keep your financial documents organized and accessible.

Security You Can Trust

Security is a top priority for us at Michigan Educational. With electronic signature authorization, you can sign documents safely and securely from wherever you are. You can feel confident knowing that your personal information is protected while you manage your finances online. In today's fast-paced world, having access to reliable digital banking tools allows you to take control of your financial life with ease. Join us at Michigan Educational and experience the convenience of modern banking designed for real people like you!

Financial Strength

Commitment to Growth

With $121,475,521 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors, with $9,567 in used auto loans and $490,674,836 in total loans and leases.

Growing Trust

Total Share and Deposit Accounts: 91,501, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Michigan Educational is your trusted partner. Visit us at 9200 N Haggerty Rd Plymouth Mi 48170 or call (734) 455-9200 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $169,111,627 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 87 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $121,908,341, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,206 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $133,801,274 in used vehicle loans and $41,478,868 in new vehicle loans already helping members get on the road. We provide financing options tailored to your needs whether you're interested in a brand-new model or a reliable pre-owned vehicle.

Business Loans

For business owners, our outstanding commercial loans totaling $105,695 provide the capital needed to grow and expand. We understand the unique challenges faced by small businesses and are here to support your success. At Michigan Educational, we prioritize making financial products accessible and straightforward. Our commitment is reflected not only in our competitive rates but also in our dedication to customer service. If you're unsure about which option suits you best or have questions regarding eligibility for any of our products, don't hesitate to reach out. You can contact us at 734-455-9200 or visit us at 9200 N Haggerty Rd Plymouth MI 48170 during our lobby hours from Monday to Friday between 9:30 AM and 5:30 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're here to assist you every step of the way on your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $70,216,964, ensuring that you have the support needed for one of life's biggest investments. Our team is ready to guide you through the process and answer any questions about eligibility and refinancing options.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,888,771 in loans helping members manage their finances effectively. This option provides the convenience you need for everyday purchases while helping you build your credit history.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers come from legitimate financial institutions, ensuring transparency and credibility. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results so you can trust the information you see. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, users can make informed decisions that suit their financial needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the effectiveness of the platform in assisting borrowers. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that all offers are fair and transparent, giving users peace of mind as they compare their options.

MICHIGAN EDUCATIONAL CREDIT UNION - Plymouth, MI