Consumers CU (MI) is headquartered in Kalamazoo and is the 9th largest credit union in the state of Michigan. It is also the 199th largest credit union in the nation. It was established in 1964 and as of September of 2024, it had grown to 418 employees and 142,950 members at 30 locations. Consumers CU (MI) has an A health rating.
Membership in Consumers Credit Union is open to those who live, work, or worship in the Lower Peninsula of Michigan.
See current membership details
Overall | |
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NCUA # | 62172 |
Year Chartered | 1964 |
Employees | 418 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 9.95% |
Annual Interest Income | $87.8MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $2.38B$2.14B |
Loans | Q3 2024vs Q3 2023 | $2.09B$1.93B |
Deposits | Q3 2024vs Q3 2023 | $1.92B$1.7B |
Equity Capital | Q3 2024vs Q3 2023 | $218.9MM$197.3MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $7.3MM$8.4MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $8MM$4.9MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $291K$59K |
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