Bloom Credit Union


Overview / Commentary
616-452-2161
1414 Burton St SW
Wyoming, MI 49509

Bloom Credit Union is headquartered in Grand Rapids and is the 82nd largest credit union in the state of Michigan. It is also the 1,296th largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 43 employees and 16,322 members at 6 locations. Bloom Credit Union has a B+ health rating.

Field of Membership Restrictions

Bloom Credit Union is open to those who live, work, or worship in the Michigan counties of Allegan, Kent, Muskegon, or Ottawa.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #62243
Year Chartered1951
Employees43
Primary Regulator
Profit Margin
Return on Assets - YTD-0.75%
Return on Equity - YTD-7.99%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$195MM$195.3MM
LoansQ1 2025vs Q1 2024$122.3MM$125.9MM
DepositsQ1 2025vs Q1 2024$177.7MM$176.6MM
Equity CapitalQ1 2025vs Q1 2024$18.1MM$16.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.7MM$855K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.6MM$1.5MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Sorry, we do not have rate data for Bloom Credit Union.

Locations


Bloom Credit Union Locations
Branch Office1414 Burton St SWWyoming, MI 49509
Branch Office2187 Port Sheldon StJenison, MI 49428
Branch Office1147 W Randall StCoopersville, MI 49404-1315
Branch Office4833 Town Center Dr SEGrand Rapids, MI 49512-9728
Branch Office1327 Plainfield Ave NEGrand Rapids, MI 49505
Corporate Office401 Hall St SW Suite 288Grand Rapids, MI 49503

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