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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 65th largest credit union in the state of Michigan. It is also the 1,145th largest credit union in the nation. It was established in 1967 and as of December of 2015, it had grown to 50 employees and 21,351 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.

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Health Grade Components

NCUA #61677
Year Chartered1967
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD5.36%
Annual Interest Income$6.9MM
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$157.2MM$126.8MM
LoansQ4 2015vs Q4 2014$137.9MM$108.9MM
DepositsQ4 2015vs Q4 2014$134.1MM$104.3MM
Equity CapitalQ4 2015vs Q4 2014$18.6MM$16.1MM
Loan Loss AllowanceQ4 2015vs Q4 2014$1.1MM$654.00K
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$1.4MM$477.00K
Real Estate OwnedQ4 2015vs Q4 2014$200.00K$49.00K
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* 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 swWyoming, MI 49519
Branch Office611 Grand Rapids STMiddleville, MI 49333
Branch Office3 N Monroe STRockford, MI 49341-1227