Astera Credit Union is headquartered in Lansing and is the 82nd largest credit union in the state of Michigan. It is also the 1,297th largest credit union in the nation. It was established in 1949 and as of September of 2024, it had grown to 64 employees and 14,570 members at 5 locations. Astera Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Astera Credit Union is open to anyone living within the state of Michigan through joining the R.E. Olds Transportation Museum ($25 membership fee). Membership is also open to those who live, work, worship, or attend school in the Michigan counties of Allegan, Barry, Calhoun, Clinton, Eaton, Genesee, Gratiot, Ingham, Ionia, Jackson, Kalamazoo, Kent, Lake Livingston, Mecosta, Montcalm, Muskegon, Newaygo, Ottawa, Saginaw, Shiawassee, or Washtenaw.
See current membership details
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Business Line Of Credit
the worst credit union to deal with
after i was approved for business line of credit
and two credit cards
and i was charged all kinds of fees
my line of credit was blocked and my credit cards
were cancelled for no reason
till now no one knows the reason
Continuously Awful Experience - Don't Use
I have been a member over 20 + years. I filled out my application, sent them all the info they need and have had to continually follow-up with them. Customer service is horrible and still a week later have no answer. First they responded that I wanted a credit card, which I filled out a car loan. Then, they tried to tell me I had 2 car loans, which I only have 1. Very bad service. I got approved in minutes with my other bank and pulled my all my $$ and direct deposit from this bank. They are always a hassle to get a loan processed through and I have paid several loans off through them. But am now done!
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60920 |
| Year Chartered | 1949 |
| Employees | 64 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.4% |
| Return on Equity - YTD | -6.63% |
| Annual Interest Income | $6.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $191.4MM$201.6MM |
| Loans | Q3 2024vs Q3 2023 | $114.2MM$119MM |
| Deposits | Q3 2024vs Q3 2023 | $170.3MM$182.2MM |
| Equity Capital | Q3 2024vs Q3 2023 | $11.4MM$8.2MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $1.5MM$1.5MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $1.3MM$491K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$65K |