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.
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
Overall | |
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NCUA # | 62243 |
Year Chartered | 1951 |
Employees | 43 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.75% |
Return on Equity - YTD | -7.99% |
Annual Interest Income | $2.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $195MM$195.3MM |
Loans | Q1 2025vs Q1 2024 | $122.3MM$125.9MM |
Deposits | Q1 2025vs Q1 2024 | $177.7MM$176.6MM |
Equity Capital | Q1 2025vs Q1 2024 | $18.1MM$16.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.7MM$855K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.6MM$1.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Bloom Credit Union.
Bloom Credit Union Locations | ||
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Branch Office | 1414 Burton St SW | Wyoming, MI 49509 |
Branch Office | 2187 Port Sheldon St | Jenison, MI 49428 |
Branch Office | 1147 W Randall St | Coopersville, MI 49404-1315 |
Branch Office | 4833 Town Center Dr SE | Grand Rapids, MI 49512-9728 |
Branch Office | 1327 Plainfield Ave NE | Grand Rapids, MI 49505 |
Corporate Office | 401 Hall St SW Suite 288 | Grand Rapids, MI 49503 |