Wayne-westland Federal Credit Union

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A short history of Wayne-westland FCU

Since its inception in 1948 the Wayne-westland Federal Credit Union has been serving its members in the Westland, 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 Thelma Dasho, the Wayne-westland FCU has grown its membership to over 11,192 with assets of more than $99,471,648. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (734) 721-5700 or email them at info@wwfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Westland, MI.

General Information For Wayne-westland FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 5928
Address 500 S Wayne Rd 
City Westland 
State Michigan 
Zip-Code 48186
Phone Number (734) 721-5700
Fax Number (734) 721-5390
Email Address: info@wwfcu.org
CEO/President Thelma Dasho
Members 11,192 
Full-Time Employees 28 
Part-Time Employees
Number of Branch Offices
Total Assets 99,471,648 
Website http://www.wwfcu.org 

Compare Wayne-westland Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Public Service CU Redford Branch 26838 Plymouth Rd 48174 (734) 641-8400 No 3.01
Parkside CU WESTLAND BRANCH 1747 S NEWBURGH RD 48186 (734) 525-0700 No 5.69
Great Lakes Members CU Chiropractic Federal Credit Union 23617 Liberty St 48335 (248) 478-4020 No 5.84
Michigan Educational CU MECU-Brighton 123 Brighton Lake Rd 48116 (810) 494-6000 No 5.98
United Churches CU Taylor 20252 Ecorse Rd 48180 (313) 382-1340 No 6.09

Wayne-westland Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Wayne-westland 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 8.50 1.95 1.75 3.88 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 122 31 11 119 56
Rank Among All Michigan Credit Unions 16 7 3 23 5

Wayne-westland 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 0.10 0.55 0.85
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 143 134 251 179
Rank Among All Michigan Credit Unions N/A 19 30 58 32
Wayne-westland Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.5008191,272,660
All Other Unsecured Loans/Lines of Credit 11.9001,5015,883,917
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9502955,853,097
Used Vehicle Loans 1.7509296,885,909
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.8801347,649,693
Total Other Real Estate Loans/Lines of Credit 3.5002866,932,758
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 1.5002932,687,177
TOTAL LOANS & LEASES 4,25737,165,211

Wayne-westland Federal 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 452,952,229157,450
    b. 15 Years or less 451,917,3093422,847
    a. > 15 years 5433,86100
    b. 15 Years or less 382,270,4792338,345
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 175,81500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 10287,103135,000
Closed-End Adjustable Rate 113,37400
Open-End Adjustable Rate 501,384,59700
Open-End Fixed Rate 2255,247,68419872,000
TOTALS 42014,582,451261,725,642


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

Wayne-westland Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes