Walled Lake School Employees Federal Credit Union

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A short history of Walled Lake School Employees FCU

Since its inception in 1950 the Walled Lake School Employees Federal Credit Union has been serving its members in the WOLVERINE LAKE, 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 Kenneth Jackson, the Walled Lake School Employees FCU has grown its membership to over 6,085 with assets of more than $106,289,670. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (248) 624-5222 or email them at kjackson@wlsefcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WOLVERINE LAKE, MI.

General Information For Walled Lake School Employees FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 6613
Address 3095 S COMMERCE RD 
City WOLVERINE LAKE 
State Michigan 
Zip-Code 48390
Phone Number (248) 624-5222
Fax Number (248) 624-0614
Email Address: kjackson@wlsefcu.com
CEO/President Kenneth Jackson
Members 6,085 
Full-Time Employees 11 
Part-Time Employees
Number of Branch Offices
Total Assets 106,289,670 
Website http://www.wlsefcu.com 

Compare Walled Lake School Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Westacres CU WCU 3700 WESTACRES DR 48324 (248) 363-4376 No 3.31
Vibe CU Birmingham 163 W Maple Rd 48009 (248) 735-9500 No 4.01
Oakland County CU Oxford Branch 968 N Lapeer Rd 48371 (248) 628-2928 No 7.65
Community Choice CU Community Choice Credit Union 25555 W Warren St 48127 (313) 563-8200 No 7.98
Chiropractic CU Chiropractic Federal Credit Union 172 E State St Ste 502 43215 (248) 478-4020 No 8.04

Walled Lake School Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Walled Lake School Employees Federal 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 12.84 1.99 2.99 4.25 5.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 448 34 91 174 260
Rank Among All Michigan Credit Unions 79 8 23 44 54

Walled Lake School Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.25 0.25
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 143 N/A 310 266
Rank Among All Michigan Credit Unions N/A 19 N/A 71 58
Walled Lake School Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.8409682,219,392
All Other Unsecured Loans/Lines of Credit 16.0002751,680,340
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9901152,152,580
Used Vehicle Loans 2.9902903,124,764
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25018414,775,414
Total Other Real Estate Loans/Lines of Credit 5.250681,208,186
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.0004403,378,966
TOTAL LOANS & LEASES 2,34028,539,642

Walled Lake School Employees Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 51,071,3864935,000
    b. 15 Years or less 1378,960,460181,500
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 424,743,56800

OTHER REAL ESTATE

Closed-End Fixed Rate 15,57900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 671,202,60723111,852
Open-End Fixed Rate 0000
TOTALS 25215,983,600281,128,352

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Walled Lake School Employees Federal 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