First United Credit Union is headquartered in Grandville and is the 134th largest credit union in the state of Michigan. It is also the 2,204th largest credit union in the nation. It was established in 1937 and as of June of 2023, it had grown to 15 employees and 4,971 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 | |
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NCUA # | 68640 |
Year Chartered | 1937 |
Employees | 15 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.47% |
Return on Equity - YTD | 13.25% |
Annual Interest Income | $1.8MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $66.9MM$61.9MM |
Loans | Q2 2023vs Q2 2022 | $57.5MM$48.7MM |
Deposits | Q2 2023vs Q2 2022 | $56.1MM$52.5MM |
Equity Capital | Q2 2023vs Q2 2022 | $7.4MM$6.4MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$560.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $823.00K$513.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Rates for First United Credit Union are currently being reviewed.
First United Credit Union Locations | ||
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Branch Office | 3140 Ivanrest Ave SW | Grandville, MI 49418 |