Community West Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 7.00% | Checking | 7% Checking |
| 1.95% | 5-year CD | 60 Month CD 2.40% - Goldman Sachs Bank USA 5 Year CD |
| 0.60% | 1-year CD | 12 - 17 Month CD |
Community West Credit Union is headquartered in Kentwood and is the 61st largest credit union in the state of Michigan. It is also the 1,085th largest credit union in the nation. It was established in 1967 and as of June of 2017, it had grown to 58 employees and 23,039 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
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.
Poor Customer Service
Have had the worst experiences with community west credit union they feel that they can freeze your account any time they feel you need to contact them the y say they contacted you when they never have then they take money out of your account with with out your permission and when you call them to try to resolve the situation they feel it's good practices to hang up on u
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61677 |
| Year Chartered | 1967 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.44% |
| Return on Equity - YTD | 4.21% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $184.7MM$177.5MM |
| Loans | Q2 2017vs Q2 2016 | $143.0MM$147.5MM |
| Deposits | Q2 2017vs Q2 2016 | $160.9MM$154.7MM |
| Equity Capital | Q2 2017vs Q2 2016 | $19.6MM$18.9MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $1.4MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.2MM$792.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$250.00K |
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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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.01% | $100k | - | Advantage Savings - New Money Only | |
| 1.00% | - | - | Health Savings Account | |
| 0.20% | - | - | Young Adult Savings | |
| 0.20% | - | - | IRA Savings | |
| 0.10% | - | - | Regular Savings |
Community West Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $100k* | - | Money Market | ||
| OTHER TIERS: 0.20% → $2,500 - $10k | 0.30% → $10k - $50k | 0.40% → $50k - $100k | |||||
Community West Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 7.00% | - | $2k | 7% Checking |
Community West Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.95% | $500 | - | 60 Month CD | |
| 1.55% | $500 | - | 48 - 59 Month CD | |
| 1.40% | $500 | - | 36-47 Month CD | |
| 0.95% | $500 | - | 24 - 35 Month CD | |
| 0.65% | $500 | - | 18 - 23 Month CD | |
| 0.60% | $500 | - | 12 - 17 Month CD | |
| 0.45% | $500 | - | 6 - 11 Month CD | |
| 0.25% | $500 | - | 3 Month CD |
| Community West Credit Union Locations | ||
|---|---|---|
| Branch Office | 4205 32nd AVE | Hudsonville, MI 49426 |
| Branch Office | 4045 60th ST SE | Kentwood, MI 49512 |
| Branch Office | 3089 44th St SW | Grandville, MI 49418-2501 |
| Branch Office | 611 Grand Rapids ST | Middleville, MI 49333 |
| Branch Office | 3 N Monroe ST | Rockford, MI 49341-1227 |