2024 Overview
General Credit Union Information
Vibe is an NCUA insured institution located in Novi, MI. It was founded in 1936 and has approximately $527.32 millions in assets.
Who can join?
If you live, work, attend school or worship in one of the following local cities, you can join Vibe
Oakland County:
Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Hills, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland, Huntington Woods, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Novi, Oak Park, Orchard Lake, Pleasant Ridge, Royal Oak, Royal Oak Township, South Lyon, Southfield, Southfield Township, Walled Lake, Waterford, West Bloomfield, White Lake, Wixom, and Wolverine Lake
Wayne County:
Canton, Garden City, Inkster, Livonia, Northville, Plymouth, Westland, and Wayne
In addition, if you are a Michigan resident you can join the credit union by virtue of a $2 donation to the Salvation Army Bed and Bread Program.
There are also some other ways to become a member:
Any relative of a current Vibe member, or non-relative living in the same household.
Members or employees of any organization (e.g., businesses, churches, Salvation Army Bed and Bread Program, etc.) within a 25-mile radius of any Vibe branch. The organization must provide Vibe with a partnership letter requesting our services.
Any telecommunications worker living or working in the Detroit, Ann Arbor or Jackson area.
Retirees of SBC, Michigan Bell, AT&T, Western Electric or Ameritech; or any retiree over age 55, drawing a pension in one of these counties: Oakland, Wayne, Macomb, Livingston, Washtenaw, Lapeer, and Genesee.
Employees of the City of Southfield, Eaton Corporation, and Florist Transworld Deliveries.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 62236 |
| Date Established | 1936 |
| Assets | $527.32 million |
| Loans | $382.16 million |
| Deposits | $441.47 million |
| Capital | $72.87 million |
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in the lower peninsula of Michigan and to retirees of SBC, Ameritech, Western Electric, AT&T or Michigan Bell.
Deposit Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Vibe
We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.
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Note to Vibe
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Loan Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Vibe
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2059741 |
6.905% | 6.750% | 1.00 | $5,094 | $2,076 | Learn More |
NMLS ID: 3030 |
7.451% | 7.375% | 0.75 | $2,400 | $2,211 | Learn More |
NMLS ID: 491986 |
Learn More | |||||
NMLS ID: Not a Lender |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Vibe
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Vibe branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
VIBE 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
Vibe Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Vibe. 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
| Vibe | U.S. Average |
|---|---|
| 6.33% | 6.97 |
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, 2023, Vibe had $4,657,053 in non-current loans and $81,313 in owned assets. To cover these potential losses it had $72,865,159 in net worth and $2,000,000 in loans loss reserves. That gives it a Texas Ratio of 6.33%.
Net Worth
| Vibe | U.S. Average |
|---|---|
| 13.81% | 13.62% |
Vibe FCU has a net worth of 13.81% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Vibe
lynn gilbert
April 6, 2016
Their rates just dropped. Update your site.
Is this review helpful? Yes:0 / No: 1
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