Featured Savings Rates
Featured Accounts

Community West Credit Union

Popular Accounts at this Credit Union

7.00%CheckingChecking - 7% Checking
2.05%5-year CD60 Month CD
0.65%1-year CD12 - 17 Month CD

Overview / Commentary
4045 60th ST SE
Kentwood, MI 49512

Community West Credit Union is headquartered in Kentwood and is the 60th largest credit union in the state of Michigan. It is also the 1,075th largest credit union in the nation. It was established in 1967 and as of June of 2016, it had grown to 50 employees and 22,325 members at 5 locations. Community West Credit Union's savings rates are 94% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Community West CU is open to the residents, people that maintain employment, church members, and registered students in these Michigan Counties; Allegan, Barry, Ionia, Kent, or Ottawa, retired seniors within the listed counties that are 55+, receives any form of income compensation, along with a membership in a senior directed organization or community, as well as any current CU members regardless of residence location, CU employees, and the family members of these eligible members.
See current membership details

Related Posts

Community West CU (MI) Adds 18-36 Pick Your Term CD - 1/8/2016

Community West Credit Union (MI) has added an 18-36 Month Pick Your Term CD (2.00% APY). Minimum deposit is $500 of new money, with no balance cap.

View all posts from:

Reviews (1)

My Credit Union

I thought my credit union was great until this last year. My sister and her husband and I all belong to the same credit union. I rent from my sister and it's very convenient to just transfer my rent payment into her account. We both have very basic banking needs. Approximately 6 months ago someone was making fake checks with my sisters name, address and account numbers on them. This resulted in an overdraft of 1500 dollars and multiple bounced check fees. The credit union did not handle the fraud situation at all well. As it turns out my sisters fraud situation was the first they ever had to deal with. They did not know what to do. The staff at the credit union was not very well trained in fraud protocol. It took a meeting of the directors to finally figure out what was going on and how to handle it. The president of the board called and apologized to my sister in person and they are paying for a third party fraud protection service. Even though this did not happen to me I was worried that the guilty party or parties would somehow get my account information because of the transfer activity that I performed. Since that time we have had no trouble.


Health Grade Components

NCUA #61677
Year Chartered1967
Primary Regulator
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD2.98%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$177.5MM$160.9MM
LoansQ2 2016vs Q2 2015$147.5MM$134.6MM
DepositsQ2 2016vs Q2 2015$154.7MM$135.9MM
Equity CapitalQ2 2016vs Q2 2015$18.9MM$18.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.2MM$1.0MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$792.00K$1.2MM
Real Estate OwnedQ2 2016vs Q2 2015$250.00K$49.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Community West 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.

Community West Credit Union Savings Account Rates

1.01%$100k-Advantage Savings - New Money Only
0.20%--Young Adult
0.20%--IRA Savings
0.10%--Traditional Savings

Community West Credit Union Money Market Rates

0.50%*$100k*-Money Market
OTHER TIERS: 0.25% $2,500 - $10k | 0.35% $10k - $50k | 0.45% $50k - $100k

Community West Credit Union Checking Account Rates

7.00%-$2kChecking - 7% Checking

Community West Credit Union CD Rates

2.05%$500-60 Month CD
1.80%$500-48 - 59 Month CD
1.40%$500-36-47 Month CD
0.90%$500-24 - 35 Month CD
0.75%$500-18 - 23 Month CD
0.65%$500-12 - 17 Month CD
0.45%$500-6 - 11 Month CD
0.35%$500-3 Month CD

Community West Credit Union IRA Rates

2.05%$500-60 Month IRA
1.80%$500-48 - 59 Month IRA
1.40%$500-36 - 47 Month IRA
0.90%$500-24 - 35 Month IRA
0.75%$500-18 - 23 Month IRA
0.65%$500-12 - 17 Month IRA
0.45%$500-6 - 11 Month IRA
0.35%$500-3 Month IRA

Community West Credit Union Locations
Branch Office4205 32nd AVEHudsonville, MI 49426
Branch Office4045 60th ST SEKentwood, MI 49512
Branch Office3089 44th St SWGrandville, MI 49418-2501
Branch Office611 Grand Rapids STMiddleville, MI 49333
Branch Office3 N Monroe STRockford, MI 49341-1227