Business Details
Your Southeast Michigan Financial Partner
We are a full-service financial institution dedicated to providing personalized banking solutions to the University of Michigan community and surrounding regions. Our comprehensive offerings include checking and savings accounts, mortgage and auto loans, credit cards, and financial education programs designed to empower members at every stage of life. With a heritage of community engagement, we support local nonprofits through sponsorships and endowments while delivering competitive rates and innovative digital tools like mobile banking and contactless payments.Our team of financial professionals prioritizes member needs through 24/7 online access, in-branch services at locations across Ann Arbor, Detroit, Flint, and Ypsilanti, and specialized programs for students and homeowners. Committed to financial wellness, we offer free workshops on budgeting, homebuying, and credit management to foster long-term economic stability for individuals and families.
Services
Checking Accounts
Savings Accounts
Mortgage Loans
Credit Cards
Student Accounts
Wire Transfers
Notary Services
Visa Gift Cards
Financial Workshops
Highlights and features
- We offer competitive APRs on credit cards and auto loans starting at 5.74%.
- Our financial workshops provide free education on budgeting and homebuying.
- We maintain physical branches in Ann Arbor, Detroit, Flint, and Ypsilanti.
- Our mobile banking app enables 24/7 account management and contactless payments.
- We support local communities through nonprofit sponsorships and student programs.
What people say
Competitive rates
Knowledgeable staff
24/7 online access
Community involvement
Free financial workshops
Services
Checking Accounts
Our checking accounts provide no-minimum balances, free online bill pay, and mobile check deposit. Members benefit from nationwide ATM access through CO-OP Network and personalized debit cards with purchase protection. We offer student-specific accounts with educational resources to build financial literacy.
Home Improvement Loans
Financing options for home upgrades feature fixed interest rates starting at 5.74% APR. Loan terms up to 15 years allow flexible repayment schedules. Funds can be used for kitchen remodels, energy-efficient upgrades, or accessibility modifications, with dedicated support from lending specialists.
Financial Workshops
Free workshops cover budgeting, credit management, and homebuying preparation. Sessions led by certified counselors include personalized guidance and take-home resources. Digital access provides on-demand financial literacy content for members at all experience levels.
Wire Transfers
Domestic and international wire services process transfers securely through our branch network. Receiving wires cost $10 with standardized documentation requirements. Outgoing transfers require in-person verification at our Ann Arbor headquarters, ensuring compliance with federal regulations while maintaining transaction speed.
Notary Services
Free notary services for members include signature verification and document authentication. Available at all branch locations without appointments, our notaries follow standardized procedures to prevent fraud. Non-members receive services for $10 per transaction with proper identification requirements.
Questions
How do I become a UMCU member?
Membership requires living, working, or studying in Southeast Michigan. Open an account with $5 deposit through our website or branch locations.
What loan types do you offer?
We provide auto loans, home equity loans, personal loans, student loans, and mortgages with competitive rates for qualified applicants.
Are my deposits federally insured?
Yes, all deposit accounts receive NCUSIF insurance up to $250,000 through the National Credit Union Administration.
Can I access accounts outside business hours?
24/7 online banking and mobile app access lets you manage accounts, transfer funds, and use digital wallets at any time.
Do you charge ATM fees?
No fees for CO-OP Network ATMs nationwide. Non-network ATM fees are reimbursed up to $10 monthly for qualifying accounts.
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