Craftsman Federal Credit Union

Headquarters

2444 Clark St
Detroit, MI 48209
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Notable Rates APY Vs.Others
Savings N.A. 4.15% →
1-Year CD N.A. 4.59% →
2-Year CD N.A. 4.47% →
5-Year CD N.A. 4.50% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2026 Overview

General Credit Union Information

Craftsman is an NCUA insured institution located in Detroit, MI. It was founded in 1947 and has approximately $24.1 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 61511
Date Established 1947
Assets $24.10 million
Loans $8.56 million
Deposits $23.28 million
Capital $0.35 million
 

Deposit Rates - September 18, 2026

Your Current Location: New York, NY 10116

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Loan Rates - September 18, 2026

Your Current Location: New York, NY 10116

There are currently no loan rates available for Craftsman

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



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Branches

Below are Craftsman branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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New York City,New York


Craftsman Locations around zip code 10116


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Climate Policy and Initiatives

CRAFTSMAN is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Craftsman Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Craftsman. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Craftsman U.S. Average
25.23% 6.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2025, Craftsman had $560,358 in non-current loans and $277,287 in owned assets. To cover these potential losses it had $353,929 in net worth and $2,965,838 in loans loss reserves. That gives it a Texas Ratio of 25.23%.

Net Worth
Craftsman U.S. Average
1.46% 14.48%

Craftsman FCU has a net worth of 1.46% versus the BestCashCow average of 14.48. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



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