AAC Credit Union is headquartered in Grand Rapids and is the 74th largest credit union in the state of Michigan. It is also the 1,265th largest credit union in the nation. It was established in 1937 and as of June of 2019, it had grown to 38 employees and 15,924 members at 7 locations. AAC Credit Union's CD rates are 67% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership in AAC Credit Union is open to the following: (1) those who live, work, worship or attend school in Allegan, Barry, Ionia, Kent, Muskegon, and Ottawa Counties in Michigan; (2) those involved in the manufacturing or the sale of furniture in the listed counties; (3) any person who receives retirement payments who live within a 25-mile radius of the credit union's main office or within Kent County and the adjacent counties.
See current membership details
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Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62217 |
| Year Chartered | 1937 |
| Employees | 38 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.79% |
| Return on Equity - YTD | 9% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $153.1MM$145.0MM |
| Loans | Q2 2019vs Q2 2018 | $100.1MM$96.9MM |
| Deposits | Q2 2019vs Q2 2018 | $120.3MM$115.2MM |
| Equity Capital | Q2 2019vs Q2 2018 | $30.2MM$27.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.1MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $631.00K$741.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $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 | |
|---|---|---|---|---|---|
| 2.27%* | $1k* | - | Health Savings Account | ||
| OTHER TIERS: 1.50% → $1 - $1k | |||||
| 1.01% | $500 | - | IRA | ||
| 1.00% | $5 | - | Christmas Club | ||
| 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 |