ELECTRICAL WORKERS LOCAL 58
State-Chartered • DETROIT, Michigan • Est. 1955
Quick Facts
- Charter Number
- #64267
- Type
- State-Chartered
- Established
- 1955
- Headquarters
- DETROIT, Michigan 48226
- Address
- 1366 porter ST
- Branches
- 2
- Members
- 1,874
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
1,874 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | ELECTRICAL WORKERS LOCAL 58 |
|---|---|
| Total Assets | $21.1M |
| Members | 1,874 |
| Loans Outstanding | $5.2M |
| Shares & Deposits | $18.5M |
| Net Worth | $2.4M |
| Net Worth Ratio | 11.47% |
| Loan-to-Share Ratio | 28.1% |
| Delinquency Rate | 0.00% |
| Net Income | +$198,276 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations
electrical workers credit union
1366 porter ST
DETROIT, MI 48226
electrical workers credit union
Main Office1366 porter ST
DETROIT, MI 48226
Who Can Join ELECTRICAL WORKERS LOCAL 58?
Membership Type: Community
Membership eligibility for ELECTRICAL WORKERS LOCAL 58 may vary. Contact the credit union directly to confirm qualification requirements.
Contact ELECTRICAL WORKERS LOCAL 58 directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Michigan RankingsFrequently Asked Questions
Yes. ELECTRICAL WORKERS LOCAL 58 is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, ELECTRICAL WORKERS LOCAL 58 has 1,874 members and a potential membership field of 4,400 people.
ELECTRICAL WORKERS LOCAL 58's net worth ratio is 11.47% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 11.5%, ELECTRICAL WORKERS LOCAL 58 meets this threshold.
ELECTRICAL WORKERS LOCAL 58 operates 2 branch locations. The main office is located at 1366 porter ST, DETROIT, MI 48226.
ELECTRICAL WORKERS LOCAL 58 was established in 1955. It is a state-chartered credit union chartered under charter number 64267. The institution has been serving members for 71 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or ELECTRICAL WORKERS LOCAL 58. All financial data is for informational purposes only.