State credit union · Plymouth, Michigan · NCUA charter #60931

Michigan Educational

Health score 84/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.

84
Health / 100
$1.09B
Total assets
47,814
Members
11.5%
Net-worth ratio
A Letter grade on the five-factor composite

Michigan Educational scores 84/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.09B; members 47,814; net-worth ratio 11.54%; health rank #2,123 of 4,374; healthier than 50th of scored peers.

Federal Call Report extract

NCUA 5300 Call Report Masthead

#2,123 of 4,374 health · 2025Q4

Michigan Educational · health 84/100 · $1.09B · 2025Q4

  • PHOTO 84/100
  • BOOK 11.5%
  • CHARTER 0.30%
  • NCUSIF 0.33%
  • CAMELS $1.09B
  • HEALTH 47,814
  • NW #2,123/4,374
  • DELQ KIRTLAND
  • ROA 60931

Michigan Educational in the assets neighbourhood

Hawaiian Financial$1.10BPeach State$1.09BMichigan Educational (this)$1.09BKIRTLAND$1.09BMARINE$1.09BNorth Country$1.08B
Nearest other-state credit unions by total assets (NCUA 5300)

Michigan Educational's $1.09B assets sit next to KIRTLAND ($1.09B) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.

Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.

Michigan Educational vs every NCUA-scored credit union

Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing

84 Top 50% higher than 50% of 4,374 credit unions

every scored credit union, bucketed by value

Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source NCUA 5300 Call Report aggregates · 2025Q4

Michigan Educational - Share Insurance Coverage

The 2025Q4 NCUA Call Report puts charter #60931 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.

NCUSIF coverage gauge for Michigan Educational Share insurance under NCUSIF covers up to $250,000 per share owner. Michigan Educational holds approximately $964.9M in member shares. Composite CAMELS rating bracket 1 (Strong). Risk-based capital ratio 11.5 percent. Share Insurance Coverage Federal NCUSIF - $250K per share owner 1 2 3 4 5 CAMELS 1 · Strong RBC ratio 11.5% · $964.9M member shares Insured · backed by full faith and credit of the United States
Source: NCUA 5300 Call Report 2025Q4 - share insurance under Title II of the Federal Credit Union Act

Michigan Educational: Call Report deltas vs peers

  • Strongest edge vs 749 Over $500M peers is Delinquency Rate: -0.57 pp (0.30% vs 0.87%).
  • Widest shortfall vs peers is Loan-to-Share Ratio: -33.98 pp (49.92% vs 83.90%).

Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.

Michigan Educational in Michigan

  • Michigan health ordinal: #106 of 171.
  • Michigan assets place: #25 of 171.
  • Member book place in Michigan: #35 of 171.

In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.

Michigan Educational: 2025Q4 → 2026Q1

Michigan Educational: total assets by quarter

4 Call Report filings on this page's own vintage chain

950,000,0001,000,000,0001,050,000,0001,100,000,0001,150,000,000 2023Q42024Q42025Q42026Q1 1,006,556,893 1,113,356,302 ▲ +10.6%
  • Assets moved +2.0% from $1.09B (2025Q4) to $1.11B (2026Q1).
  • Net-worth ratio shifted -0.13 pp (11.67% → 11.54%).

Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.

Net worth ratio vs. NCUA well-capitalized threshold 76.9%

At 11.54%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.

How the 84/100 score is built

Each segment is a pillar's weighted contribution to the composite; widths sum to 84.

  • Net Worth Ratio 30.0 pts
  • Delinquency Rate 25.0 pts
  • Return on Assets 12.5 pts
  • Member Growth 6.0 pts
  • Loan-to-Share Ratio 10.5 pts

Financial Health Metrics

Metric Value vs peer
Net Worth Ratio 11.54% +0.36 pp
Delinquency Rate 0.30% -0.57 pp
Return on Assets 0.33% -0.18 pp
Member Growth -1.69% -
Loan-to-Share Ratio 49.92% -33.98 pp

Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).

Call Report history - Michigan Educational

Quarter Assets Members
2026Q1 $1.11B -
2025Q4 $1.09B 47,814
2024Q4 $1.03B 48,637
2023Q4 $1.01B 49,994

Credit Union Details

Charter Number
60931
Type
State
Field of Membership
Other
Peer Group
Over $500M
State
Michigan
City
Plymouth
Data Quarter
2025Q4

Branch Locations (7)

The NCUA branch filing lists 7 physical offices for Michigan Educational, spread across 6 cities.

Office City
Michigan Educational Credit Union (Main Office) Plymouth, MI
MECU-Ann Arbor Ann Arbor, MI
MECU-Brighton Brighton, MI
MECU-Livonia Livonia, MI
MECU-Macomb Macomb, MI
MECU Vital Records Plymouth, MI
MECU-Royal Oak Royal Oak, MI

Source: NCUA Credit Union Branch Information, 2025Q4 filing.

Nearby Credit Unions in Michigan

Other federally-insured credit unions in Michigan, closest first by peer group and asset size.

Compare Michigan Educational vs CHRISTIAN FINANCIAL

Cross-state Call Report peers for Michigan Educational

Cross-state asset and health neighbours for Michigan Educational - kept outside Michigan; in-state CUs stay in the Nearby block.

Similar health score

Nearest other-state credit unions by five-factor health composite (84/100 here).

Using this data

  • Michigan Educational ranks #2,123 of 4,374 nationally on financial health and #106 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
  • Christian Financial is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Christian Financial
  • Rates and health both vary by institution, not just by state -- see how Michigan credit unions compare overall before assuming this one is typical. Michigan state overview

National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.

Frequently Asked Questions

Is Michigan Educational financially healthy?

Yes/no aside, the number is 84/100 (Excellent) - Michigan Educational's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,123 of 4,374; by total assets it ranks #439 of 4,374 nationally (same basis as /rankings/largest); and #25 of 171 within Michigan. Above 80 reads excellent, below 50 warrants closer monitoring; a 11.54% net worth ratio and 0.30% delinquency rate are the key drivers.

How does Michigan Educational compare to other credit unions?

On PlainCU's health composite, Michigan Educational lands at 84/100, compared to a peer group average for Over $500M credit unions. Five NCUA-reported metrics feed that number: net worth ratio (weighted 30%), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).

What is a credit union health score?

A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.

How can I join Michigan Educational?

Membership eligibility for Michigan Educational depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Michigan Educational directly for current membership requirements and application steps.

Is my money safe at Michigan Educational?

Federal credit unions like Michigan Educational are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Michigan Educational's net worth ratio of 11.54% exceeds the 7% threshold NCUA considers "well capitalized."

What rates does Michigan Educational offer compared to banks?

Credit unions like Michigan Educational are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Michigan Educational directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.

Data sourced from the NCUA 5300 Call Report (2025Q4) for Michigan Educational. Retrieved and formatted by PlainCU. See our methodology for details.

Disclaimer: Not affiliated with NCUA. For informational purposes only.

Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.