AAC Credit Union is headquartered in Grand Rapids and is the 79th largest credit union in the state of Michigan. It is also the 1,267th largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 38 employees and 15,199 members at 8 locations. AAC Credit Union has an A+ health rating.
Membership in AAC Credit Union is open to the following: (1) Those who live, work, worship or attend school in the State of Michigan; (2) Those involved in the manufacturing or the sale of furniture in the Kent, Muskegon, Barry, Ottawa or Ionia Counties; (3) Persons who receive a retirement, annuity, pension or social security from eligible employers and organizations; (4) Employees or members of an employer group or other organized groups located in Michigan; (5) Immediate family members of current.
See current membership details
Overall | |
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NCUA # | 62217 |
Year Chartered | 1937 |
Employees | 38 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.54% |
Return on Equity - YTD | 6.47% |
Annual Interest Income | $2.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $204.5MM$189.2MM |
Loans | Q1 2025vs Q1 2024 | $122.3MM$125.8MM |
Deposits | Q1 2025vs Q1 2024 | $155.2MM$144.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $47.4MM$43.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $848K$1.1MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $519K$438K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for AAC Credit Union are currently being reviewed.
AAC Credit Union Locations | ||
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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 |
Branch Office | 1235 Water St | East Greenville, PA 18041 |