About Michigan Educational Credit Union
Michigan Educational Credit Union is a company based in Plymouth (United States) founded in 1942. It operates as a B2C, and D2C. Michigan Educational Credit Union offers products and services including Auto Loans, Credit Cards, Checking Accounts, and Savings Accounts. Michigan Educational Credit Union operates in a competitive market with competitors including Coopertive Bank, Bellwether Community Credit Union, Legacy Community Federal Credit Union, Manchester Credit Union and My Community Credit Union, among others.
- Headquarter Plymouth, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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Products & Services of Michigan Educational Credit Union
Michigan Educational Credit Union offers a comprehensive portfolio of products and services, including Auto Loans, Credit Cards, Checking Accounts, and Savings Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financing for vehicle purchases with competitive rates
Cards for everyday spending and balance transfers
Accounts for daily transactions and deposits
Options for secure savings with deposit rates
Funding Insights of Michigan Educational Credit Union
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Michigan Educational Credit Union
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Michigan Educational Credit Union
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Michigan Educational Credit Union Comparisons
Competitors of Michigan Educational Credit Union
Michigan Educational Credit Union operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coopertive Bank, Bellwether Community Credit Union, Legacy Community Federal Credit Union, Manchester Credit Union and My Community Credit Union, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Co-operative bank
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| domain | founded_year | HQ Location |
Offers checking accounts, loans, savings, mortgages, and business banking services.
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| domain | founded_year | HQ Location |
Provides member-owned banking services including loans, savings, and credit cards.
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| domain | founded_year | HQ Location |
Provides loans, savings, and mobile app for community financial management.
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| domain | founded_year | HQ Location |
Provides banking services, loans, credit cards, and accounts to community members in Texas.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Michigan Educational Credit Union
Frequently Asked Questions about Michigan Educational Credit Union
When was Michigan Educational Credit Union founded?
Michigan Educational Credit Union was founded in 1942.
Where is Michigan Educational Credit Union located?
Michigan Educational Credit Union is headquartered in Plymouth, United States. It is registered at Plymouth, Massachusetts, United States.
What does Michigan Educational Credit Union do?
Michigan Educational Credit Union is a member-owned financial institution that provides checking accounts, savings, auto loans, credit cards, and digital banking services. It operates in Plymouth, Michigan, serving individuals and the educational community with competitive rates and security features. The credit union focuses on fraud protection and personalized support through phone and online channels, ensuring accessible financial solutions for everyday needs.
Who are the top competitors of Michigan Educational Credit Union?
Michigan Educational Credit Union's top competitors include Coopertive Bank, Bellwether Community Credit Union and Legacy Community Federal Credit Union.
What products or services does Michigan Educational Credit Union offer?
Michigan Educational Credit Union offers Auto Loans, Credit Cards, Checking Accounts, and Savings Accounts.
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