What are the current interest rates at Extra Credit Union?

Current rates for Extra Credit Union include: 12-Month CD: 3.49%, 24-Month CD: 3.65%, 60-Month CD: 4.06%, Savings: 0.05%, MMA: 1.50%

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Extra Credit Union

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Extra Credit Union Rates & Review September 2026

Q: How many branches does Extra Credit Union operate?

Extra Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join Extra Credit Union?

Yes, to access services at Extra Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, Extra Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Extra Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 21, 2026

Extra Credit Union's 60 Month Fixed-Rate CD rates are at 4.06%, 36 Month Fixed-Rate CD rates are at 3.80%, 24 Month Fixed-Rate CD rates are at 3.65%, 12 Month Fixed-Rate CD rates are at 3.49%, 6 Month Fixed-Rate CD rates are at 3.29%. Extra Credit Union's savings rates are at 0.05%. Extra Credit Union's money market rates are at 1.50%. MonitorBankRates evaluates the financial stability of Extra Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.94%. Rates last updated and verified on 09/21/2026.

Extra Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Extra Credit Union? Share your experience about Extra Credit Union by leaving a review below, or read customer reviews before you decide to use Extra Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

3.94%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Extra Credit Union
Extra Credit Union

6611 Chicago Rd
Warren, MI 48092-1685

https://www.extracreditunion.org

Extra Credit Union CD Rates

Product	Rate	APY	Term
60 Month Fixed-Rate Certificate	4.00%	4.06%	60 Months
Min Balance $500 Details Dividends are paid and compounded quarterly. Penalty may be imposed for early withdrawal. Contact your personal attorney or tax advisor for advice on your personal situation. For accounts that automatically renew for another term, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
36 Month Fixed-Rate Certificate	3.75%	3.80%	36 Months
Min Balance $500 Details Dividends are paid and compounded quarterly. Penalty may be imposed for early withdrawal. Contact your personal attorney or tax advisor for advice on your personal situation. For accounts that automatically renew for another term, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
24 Month Fixed-Rate Certificate	3.60%	3.65%	24 Months
Min Balance $500 Details Dividends are paid and compounded quarterly. Penalty may be imposed for early withdrawal. Contact your personal attorney or tax advisor for advice on your personal situation. For accounts that automatically renew for another term, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
12 Month Fixed-Rate Certificate	3.45%	3.49%	12 Months
Min Balance $500 Details Dividends are paid and compounded quarterly. Penalty may be imposed for early withdrawal. Contact your personal attorney or tax advisor for advice on your personal situation. For accounts that automatically renew for another term, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
6 Month Fixed-Rate Certificate	3.25%	3.29%	6 Months
Min Balance $500 Details Dividends are paid and compounded quarterly. Penalty may be imposed for early withdrawal. Contact your personal attorney or tax advisor for advice on your personal situation. For accounts that automatically renew for another term, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Extra Credit Union Savings Rates

Product	Rate	APY
Extra Savings Account	-	0.05%
Min Balance $0 Details $100 minimum balance required to earn dividends. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Futurity Savings Account	-	0.05%
Min Balance $5 Details $100 minimum balance required to earn dividends. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Organizational Savings Account	-	0.05%
Min Balance $5 Details $100 minimum balance required to earn dividends. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Primary Savings Account	-	0.05%
Min Balance $5 Details APY**; $100 minimum balance required to earn dividends. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Youth Savings Account	-	0.05%
Min Balance $5 Details $100 minimum balance required to earn dividends. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Extra Credit Union Money Market Rates

Product	Rate	APY
Money Market Account	-	2.25%
Min Balance $100,000 Details Balance: $100,000 + up Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Money Market Account	-	2.00%
Min Balance $50,000 Details Balance: $50,000.00-$99,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Money Market Account	-	1.80%
Min Balance $25,000 Details Balance: $25,000-$49,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Youth Money Market	-	1.80%
Min Balance $50,000 Details Balance: $50,000 + up Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Money Market Account	-	1.60%
Min Balance $15,000 Details Balance: $15,000-$24,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Youth Money Market	-	1.60%
Min Balance $20,000 Details Balance: $20,000-$49,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Money Market Account	-	1.50%
Min Balance $5,000 Details Balance: $5,000-$14,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Youth Money Market	-	1.50%
Min Balance $2,000 Details Balance: $2,000-$19,999.99 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Extra Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity Variable Rate HELOC	-	-	7.75%
Details As low as; Variable Rate HELOC rate is based on the Wall Street Journal prime rate + 1% or more based on individual credit history. Wall Street Journal prime rate as published in the on the 1st of each month and are subject to change monthly. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Extra Credit Union Other Rates

Product	Rate	Points	APY/APR
flexLINE of Credit	10.95%	-	10.95%
Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Platinum Loan	-	-	9.95%
Details Fixed rate as low as 9.95%*; Rates based on individual credit history. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Platinum Rewards Loan	-	-	14.95%
Details Estimated as low as 14.95%**; Variable Platinum Rewards rate is based in the Wall Street Journal published prime rate + 8.2% or more based on individual credit history. Variable rate is subject to change. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Extra Credit Union’s Texas Ratio rose from 3.14% in Q2 2023 to 3.94% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$344M	3.94%	5.0	A+
December 31, 2025	$336M	4.06%	5.0	A+
September 30, 2025	$332M	4.11%	5.0	A+
June 30, 2025	$334M	4.11%	5.0	A+
March 31, 2025	$333M	3.27%	5.0	A+
December 31, 2024	$318M	4.63%	5.0	A+
September 30, 2024	$310M	4.69%	5.0	A+
June 30, 2024	$311M	4.30%	5.0	A+
March 31, 2024	$318M	2.62%	5.0	A+
December 31, 2023	$312M	3.85%	5.0	A+
September 30, 2023	$308M	3.23%	5.0	A+
June 30, 2023	$319M	3.14%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Extra Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Extra Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Extra Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Extra Credit Union

Website https://www.extracreditunion.org

Address 6611 Chicago Rd, Warren, MI 48092-1685

Phone 586-276-3000

Fax 586-276-3001

President Anne Covert

CEO Deidra Williams

Full-Time Employees 91

Part-Time Employees 3

Branch Locations 4

ATM Locations 2

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (98/100)

Texas Ratio

3.94%

Return on Assets (ROA)

0.1712%

Return on Equity (ROE)

0.9987%

Non-Performing Loans Ratio (NPL)

1.40%

Total Assets

344,418,239

Total Amount of Shares and Deposits

285,334,204

Total Shares and Deposits < 1 Year

260,010,768

Total Shares and Deposits 1 3 Years

7,432,012

Total Shares and Deposits > 3 Years

17,891,424

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

16,436,152

Total Uninsured Shares and Deposits > $250K (F+J)

16,436,152

Total Insured Shares and Deposits > $250K (item 17 less item K)

268,898,052

Total Interest Expense (Sum of items 6 8)

823,187

Share Certificates

1,432

Number of Accounts for Share Drafts

14,142

IRA KEOGH Accounts

Number of Accounts for Regular Shares

20,171

Money Market Shares

985

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

34,751,338

Total Liabilities

287,951,173

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Extra Credit Union earned the Verified Healthy badge

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Frequently Asked Questions About Extra Credit Union

How many branches does Extra Credit Union operate?

Extra Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Extra Credit Union?

Yes, to access services at Extra Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Extra Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Extra Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Extra Credit Union offer online and mobile banking?

Most modern institutions like Extra Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.extracreditunion.org.