Best Financial Credit Union is headquartered in Muskegon and is the 115th largest credit union in the state of Michigan. It is also the 1,784th largest credit union in the nation. It was established in 1955 and as of September of 2016, it had grown to 35 employees and 11,401 members at 3 locations. Best Financial Credit Union has an A health rating.
Membership is open to those who live, work, attend school or worship in Muskegon, Newaygo, Kent, Oceana or Ottawa Counties in Michigan.
See current membership details
Bank that is too strict and often not friendly. My mother tried depositing cash into my checking account and was denied because her name was not on account. She didn't ask for info or Truro withdraw money. She had account number and just wanted to deposit. Also, several checks were denied cashing because they said the check was "altered". If the check is made out with more than one ink color they will refuse to cash it..so you better pray your pen don't die in the middle of writing the check. Too many times the staff have denied easy banking services and made transactions difficult!!!!
|Return on Assets - YTD||0.83%|
|Return on Equity - YTD||3.87%|
|Annual Interest Income||$2.1MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$81.4MM$77.7MM|
|Loans||Q3 2016vs Q3 2015||$40.3MM$39.1MM|
|Deposits||Q3 2016vs Q3 2015||$63.6MM$60.7MM|
|Equity Capital||Q3 2016vs Q3 2015||$17.4MM$16.7MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$262.00K$252.00K|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$191.00K$154.00K|
|Real Estate Owned||Q3 2016vs Q3 2015||$0$49.00K|
Rates for Best Financial Credit Union are currently being reviewed.
|Best Financial Credit Union Locations|
|Main Office||1888 E Sherman Blvd||Muskegon, MI 49444-1822|
|Branch Office||1150 Amity Ave||Muskegon, MI 49442|
|Branch Office||1122 S Getty St||Muskegon, MI 49442|