Community West Credit Union


Overview / Commentary
616-261-5657
5801 Broadmoor Ave Se
Kentwood, MI 49512

Community West Credit Union is headquartered in Kentwood and is the 66th largest credit union in the state of Michigan. It is also the 1,102nd largest credit union in the nation. It was established in 1967 and as of June of 2024, it had grown to 66 employees and 19,052 members at 5 locations. Community West Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Community West Credit Union is open to anyone who lives, works, attends school, or worships in the following Michigan counties: Barry, Ionia, Allegan, Ottawa or Kent. Immediate family, employees of Community West, or anyone above the age of 55 who receives a pension/social security etc., belonging to any retirement organization and lives in the aforementioned counties may also join.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #61677
Year Chartered1967
Employees66
Primary Regulator
Profit Margin
Return on Assets - YTD-0.25%
Return on Equity - YTD-4.85%
Annual Interest Income$5.5MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$256.8MM$256.8MM
LoansQ2 2024vs Q2 2023$150.7MM$166.6MM
DepositsQ2 2024vs Q2 2023$229.2MM$226.1MM
Equity CapitalQ2 2024vs Q2 2023$13.4MM$12.6MM
Loan Loss AllowanceQ2 2024vs Q2 2023$1.6MM$1.8MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$680K$751K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

Rates for Community West Credit Union are currently being reviewed.

Locations


Community West Credit Union Locations
Branch Office3089 44th St SWGrandville, MI 49418-2501
Branch Office3 N Monroe STRockford, MI 49341-1227
Branch Office4555 W River Dr NEComstock Park, MI 49321-8928
Corporate Office5801 Broadmoor Ave SEKentwood, MI 49512
Branch Office303 Arlington StMiddleville, MI 49333

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