First United Credit Union is headquartered in Grandville and is the 138th largest credit union in the state of Michigan. It is also the 2,326th largest credit union in the nation. It was established in 1937 and as of September of 2022, it had grown to 15 employees and 4,844 members at 1 location. First United Credit Union has a B+ health rating.
First United Credit Union is open to individuals who live, work, worship, or attend school anywhere in the state of Michigan.
See current membership details
Overall | |
---|---|
NCUA # | 68640 |
Year Chartered | 1937 |
Employees | 15 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.62% |
Return on Equity - YTD | 14.81% |
Annual Interest Income | $2.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2022vs Q3 2021 | $61.0MM$54.2MM |
Loans | Q3 2022vs Q3 2021 | $49.0MM$41.5MM |
Deposits | Q3 2022vs Q3 2021 | $50.8MM$45.9MM |
Equity Capital | Q3 2022vs Q3 2021 | $6.7MM$5.8MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $496.00K$565.00K |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $422.00K$235.00K |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |
Rates for First United Credit Union are currently being reviewed.
First United Credit Union Locations | ||
---|---|---|
Branch Office | 3140 Ivanrest Ave SW | Grandville, MI 49418 |