Education Plus Credit Union

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A short history of Education Plus CU

Since its inception in 1957 the Education Plus Credit Union has been serving its members in the MONROE, 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 Denise Fox, the Education Plus CU has grown its membership to over 14,277 with assets of more than $114,139,086. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (734) 242-3765 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MONROE, MI.

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

Charter Number 62008
Address PO BOX 1928 
State Michigan 
Zip-Code 48161
Phone Number (734) 242-3765
Fax Number (734) 384-9230
Email Address:
CEO/President Denise Fox
Members 14,277 
Full-Time Employees 21 
Part-Time Employees
Number of Branch Offices
Total Assets 114,139,086 

Compare Education Plus Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Monroe County Community CU Bedford (BED) 7408 Lewis Ave 48182 (734) 244-0213 No 3.48
Parish CU Main Office 5138 N Summit St 43611 (419) 729-9650 No 13.63
Ap CU AP FCU BRANCH 405 N REYNOLDS RD 43615 (419) 381-0705 No 15.83
Toledo Fire Fighters CU Main Office 2800 W Laskey Rd 43613 (419) 474-7200 No 15.96
Champion CU South Toledo Branch 1347 S Detroit Ave 43614 (419) 407-4140 No 16.73

Education Plus Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Education Plus 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 10.94 3.79 6.06 4.52 4.29
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 336 249 449 207 138
Rank Among All Michigan Credit Unions 57 74 108 62 25

Education Plus Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.07 0.17 0.88 0.59
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 136 122 194 213
Rank Among All Michigan Credit Unions N/A 17 27 41 46
Education Plus Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9402,8004,716,644
All Other Unsecured Loans/Lines of Credit 12.9901,5262,742,303
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.7902474,646,769
Used Vehicle Loans 6.0602,04719,947,174
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.520416,048,785
Total Other Real Estate Loans/Lines of Credit 4.29030315,644,036
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.58065111,405,998
TOTAL LOANS & LEASES 7,61565,151,709

Education Plus 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 344,768,539177,776
    b. 15 Years or less 2145,90600
    a. > 15 years 2304,28800
    b. 15 Years or less 1497,14217,417
Other Fixed Rate 2332,91000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 22813,340,102221,762,125
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 752,303,93431156,792
Open-End Fixed Rate 0000
TOTALS 34421,692,821552,004,110


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

Education Plus 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 No
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