Diversified Members Credit Union

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A short history of Diversified Members CU

Since its inception in 1929 the Diversified Members Credit Union has been serving its members in the DETROIT, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Kathie Trembath, the Diversified Members CU has grown its membership to over 23,975 with assets of more than $422,193,202. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (313) 568-5000 or email them at memberservice@dmcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in DETROIT, MI.

General Information For Diversified Members CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62339
Address 1480 E JEFFERSON AVE 
State Michigan 
Zip-Code 48207
Phone Number (313) 568-5000
Fax Number (313) 568-6170
Email Address: memberservice@dmcu.com
CEO/President Kathie Trembath
Members 23,975 
Full-Time Employees 60 
Part-Time Employees
Number of Branch Offices
Total Assets 422,193,202 
Website http://dmcu.com 

Compare Diversified Members Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
International Uaw CU Main Office 8000 E Jefferson Ave 48214 (313) 926-5281 No 0.46
Greater Christ Baptist Church CU GREATER CHRIST BAPTIST CHURCH 3544 Iroquois st 48207 (313) 925-1359 No 1.10
I.m. Detroit District CU I.M. DETROIT DISTRICT CU 2101 Gratiot Ave 48207 (313) 259-5817 No 1.57
New Rising Star CU New Rising star credit Union 10605 Mack Ave 48213 (313) 823-5084 No 1.90
Bethel Baptist Church East CU Main Office 5715 Holcomb St 48213 (313) 923-1644 No 2.36

Diversified Members Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Diversified Members Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.71 4.24 7.15 4.57 6.94
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 394 310 556 214 425
Rank Among All Michigan Credit Unions 68 91 118 63 82

Diversified Members Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.25 N/A 1.33 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 95 N/A 114 227
Rank Among All Michigan Credit Unions 15 10 N/A 19 48
Diversified Members Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.7101,3942,585,811
All Other Unsecured Loans/Lines of Credit 12.3204,67014,740,911
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.2401,05417,087,606
Used Vehicle Loans 7.1504673,560,026
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.57046877,829,856
Total Other Real Estate Loans/Lines of Credit 6.940443,377,029
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.8003114,014,075
TOTAL LOANS & LEASES 8,408123,195,314

Diversified Members Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 12012,393,1725504,182
    b. 15 Years or less 645,329,6846975,250
    a. > 15 years 10923,053,174204,801,662
    b. 15 Years or less 16936,503,952378,672,739
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1382,7271260,870
Adjustable Rate > 1 yr 5167,14700


Closed-End Fixed Rate 18582,4582168,039
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 262,794,57191,151,265
TOTALS 51281,206,8858016,534,007


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Diversified Members Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes