AAC Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 3.00% | Reward Checking | FreePlus Checking 1.76% - National Average |
| 1.47% | 5-year CD | 60 Months CD 1.85% - Synchrony Bank 60 Month CD |
| 0.50% | 1-year CD | 12 Months CD 1.05% - Ally Bank High Yield 12-Month CD |
AAC Credit Union is headquartered in Grand Rapids and is the 84th largest credit union in the state of Michigan. It is also the 1,377th largest credit union in the nation. It was established in 1937 and as of June of 2016, it had grown to 27 employees and 13,960 members at 7 locations. AAC Credit Union's money market rates are 14% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
You, as well as your family members, are eligible to apply for membership to AAC Credit Union if you reside, hold employment, are a student, or if you attend church in the counties of Kent, Muskegon, Allegan, Barry, Ionia, or Ottawa; including anyone whose job entails the manufacturing or the selling of furniture in these counties. Also, if you are over 55 years of age, receive a pension, or belong to a retirement organization located in Kent County or within a 25-mile radius of Kent County then you are eligible for membership status as well. Your membership status will not expire or change even if you relocate or change employment.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62217 |
| Year Chartered | 1937 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 8.39% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $122.4MM$98.7MM |
| Loans | Q2 2016vs Q2 2015 | $74.0MM$64.6MM |
| Deposits | Q2 2016vs Q2 2015 | $98.0MM$78.8MM |
| Equity Capital | Q2 2016vs Q2 2015 | $22.7MM$17.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.0MM$878.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $526.00K$410.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not AAC Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
AAC Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.53%* | $1k* | - | Health Savings Account | ||
| OTHER TIERS: 1.50% → Up to $1k | |||||
| 1.00% | - | - | Christmas Club | ||
| 0.75% | $500 | - | IRA | ||
| 0.75% | $500 | - | Roth IRA | ||
| 0.20% | $200 | - | Savings | ||
AAC Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $50k* | $100k | Money Market | ||
| OTHER TIERS: 0.25% → $2k - $10k | 0.30% → $10k - $25k | 0.35% → $25k - $50k | |||||
| 0.50% | $100k | - | Super Money Market | ||
AAC Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.00% | - | $10k | FreePlus Checking | ||
| 0.50%* | $50k* | - | Power Checking | ||
| OTHER TIERS: 0.25% → $2k - $10k | 0.30% → $10k - $25k | 0.40% → $25k - $50k | |||||
AAC Credit Union CD Rates
| AAC Credit Union Locations | ||
|---|---|---|
| Branch Office | 904 Broadway Ave NW | Grand Rapids, MI 49504-4415 |
| Branch Office | 612 E Main Ave | Zeeland, MI 49464 |
| Branch Office | 855 E Main Ave | Zeeland, MI 49464-1366 |
| Branch Office | 17228 Van Wagoner Rd | Spring Lake, MI 49456-9702 |
| Branch Office | 12390 Riley St | Holland, MI 49424-9219 |
| Branch Office | 215 E 25th St | Holland, MI 49423 |
| Corporate Office | 177 Wilson Ave NW | Grand Rapids, MI 49534 |