Chapter 21: Additional Resources

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21.F Banks and Credit Unions

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Bank of Ann Arbor (BOAA) was founded in in 1995, and hosts Sonic Lunch, a weekly outdoor summer concert series performed in Ann Arbor’s Liberty Plaza. Sonic Lunch’s family friendly entertainment still continues to be part of summer tradition for the Ann Arbor community.  BOAA also sponsors the U-M Retirees Association, and is a member of the U-M environmental, social and governance (ESG) practice partnership.

The University of Michigan Credit Union (UMCU) and DFCU Financial are non-profit cooperatives serving only their memberships.

  • Membership in the UMCU is open to active and retired employees, students, and alumni of the University and their immediate families.
  • Although according to DFCU Financial’s community charter, it’s open to people who reside, work, worship, or are enrolled in post high school educational facilities in the 68 counties of the lower peninsula of Michigan, membership is open to everyone. Those who don’t qualify for membership under the aforementioned criteria can contact DFCU Financial.