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ELECTRICAL WORKERS LOCAL 58

Detroit, MI · State Credit Union · Chartered in MI

Well Capitalized

Who can join

State government employees (special charter)

Charter #64267Est. 1955RSSD: 334693

Members

1,840

Net Worth Ratio

11.94%

min. 7% = Well Capitalized

Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.

At a Glance

Total Assets

$20.9M

Peer Group 3

Members

1,840

as of latest quarter

Net Worth Ratio

11.94%

Well Capitalized

Institution Profile

NCUA

Address

1366 Porter St, Detroit, MI 48226

Chartered

1955

Branch Locations

2 locations

Membership Eligibility

State government employees (special charter)

Financial Snapshot

As of Q1 2026NCUA 5300 Call Report

Total Assets

$20.9M

Total Shares

$18.3M

Total Loans

$5.0M

Net Income

$76K

Net Worth Ratio

11.94%

≥7% = Well Capitalized

Members

1,840

Return on Assets

0.37%

annualized · >0.5% healthy

Loan-to-share ratio: 27.2%· healthy range 60–80%

Branch Locations

NCUA

electrical workers credit union

1366 porter ST, DETROIT, MI, 48226

monday thru friday 9:00 - 4:00 p.m.

Main

electrical workers credit union

1366 porter ST, DETROIT, MI, 48226

monday thru friday 9:00 - 4:00 p.m.

Mortgage Lending (HMDA)

CFPB HMDA

No HMDA mortgage lending data on record for this credit union.

Consumer Complaints

CFPB / NCUA

No CFPB complaint data available for this credit union.

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Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.