AAC Credit Union


Overview / Commentary
616-288-0288
177 Wilson Ave NW
Grand Rapids, MI 49534

AAC Credit Union is headquartered in Grand Rapids and is the 84th largest credit union in the state of Michigan. It is also the 1,310th largest credit union in the nation. It was established in 1937 and as of March of 2024, it had grown to 40 employees and 14,874 members at 7 locations. AAC Credit Union's CD rates are 5X the national average, and it has 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 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

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Health

Health Grade Components

Overall
NCUA #62217
Year Chartered1937
Employees40
Primary Regulator
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD4.66%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$189.2MM$191.7MM
LoansQ1 2024vs Q1 2023$125.8MM$123.5MM
DepositsQ1 2024vs Q1 2023$144.2MM$148.3MM
Equity CapitalQ1 2024vs Q1 2023$43.6MM$41.3MM
Loan Loss AllowanceQ1 2024vs Q1 2023$1.1MM$1.3MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$438K$548K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$5-Christmas Club
1.00%*$5k*-Health Savings Account
OTHER TIERS: 0.50% $1 - $1k | 0.75% $1k - $5k
0.50%$500-IRA
0.10%$200-Savings

AAC Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$250k*-Money Market
OTHER TIERS: 0.30% $2k - $10k | 0.40% $10k - $25k | 0.45% $25k - $50k | 0.60% $50k - $100k | 0.75% $100k - $250k

AAC Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$0$10kFreePlus Checking
0.40%*$50k*-Power Checking
OTHER TIERS: 0.15% $2k - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k

AAC Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.05%$500-6 Month CD
5.05%$500-6 Month HSA CD
5.00%$500-9 Month CD
5.00%$500-9 Month HSA CD
4.75%$500-12 Month CD
4.75%$500-12 Month HSA CD
4.25%$50$50012 Month Youth CD Special
4.00%$500-18 Month CD
4.00%$500-24 Month CD
4.00%$500-18 Month HSA CD
4.00%$500-24 Month HSA CD
3.50%$500-36 Month CD
3.50%$500-48 Month CD
3.50%$500-60 Month CD
3.50%$25-12 Month Let it Grow CD
3.50%$500-36 Month HSA CD
3.50%$500-48 Month HSA CD
3.50%$500-60 Month HSA CD

AAC Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.05%$500-6 Month IRA
5.00%$500-9 Month IRA
4.75%$500-12 Month IRA
4.00%$500-18 Month IRA
4.00%$500-24 Month IRA
3.50%$500-36 Month IRA
3.50%$500-48 Month IRA
3.50%$500-60 Month IRA
Locations


AAC Credit Union Locations
Branch Office904 Broadway Ave NWGrand Rapids, MI 49504-4415
Branch Office612 E Main AveZeeland, MI 49464
Branch Office855 E Main AveZeeland, MI 49464-1366
Branch Office17228 Van Wagoner RdSpring Lake, MI 49456-9702
Branch Office12390 Riley StHolland, MI 49424-9219
Branch Office215 E 25th StHolland, MI 49423
Corporate Office177 Wilson Ave NWGrand Rapids, MI 49534

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