Gerber Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	5-year CD	60 Month Share Certificate 2.40% - Goldman Sachs Bank USA 5 Year CD
0.85%	1-year CD	12 Month Share Certificate 1.50% - Goldman Sachs Bank USA 12 Month CD
0.10%	Savings	Regular Savings Account 1.20% - Goldman Sachs Bank USA Online Savings

View all Gerber Federal Credit Union rates »

Overview / Commentary

gerberfcu.com

800-338-3746

508 State St
Fremont, MI 49412

Gerber Federal Credit Union is headquartered in Fremont and is the 75^th largest credit union in the state of Michigan. It is also the 1,277^th largest credit union in the nation. It was established in 1950 and as of June of 2017, it had grown to 39 employees and 13,334 members at 3 locations. Gerber Federal Credit Union has an A health rating.

Field of Membership Restrictions

Must be an employee of Nestle/Gerber Products Company or several other Select Employer Groups.
See current membership details

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Health

A

Data as of Q2 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	6832
Year Chartered	1950
Employees	39
Primary Regulator

Profit Margin
Return on Assets - YTD	0.07%
Return on Equity - YTD	0.7%
Annual Interest Income	$2.1MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$142.7MM$135.5MM
Loans	Q2 2017vs Q2 2016	$73.0MM$69.4MM
Deposits	Q2 2017vs Q2 2016	$125.5MM$119.1MM
Equity Capital	Q2 2017vs Q2 2016	$15.1MM$15.1MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$463.00K$500.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$332.00K$313.00K
Real Estate Owned	Q2 2017vs Q2 2016	$446.00K$536.00K

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Gerber Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	Super Savings Account
OTHER TIERS: 0.15% → $1k - $5k \| 0.20% → $5k - $50k \| 0.25% → $50k - $100k
0.25%^*	$5k^*	-	IRA Savings Account
OTHER TIERS: 0.15% → Up to $1k \| 0.20% → $1k - $5k
0.10%	-	-	Regular Savings Account

Gerber Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$100k^*	-	Super Checking Account
OTHER TIERS: 0.05% → $1k - $5k \| 0.10% → $5k - $50k \| 0.15% → $50k - $100k
0.05%	$1k	-	Share Draft Account

Gerber Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$1k	-	60 Month Share Certificate
1.75%	$1k	-	48 Month Share Certificate
1.40%	$1k	-	36 Month Share Certificate
1.10%	$1k	-	24 Month Share Certificate
0.85%	$1k	-	12 Month Share Certificate
0.60%	$1k	-	6 Month Share Certificate

Gerber Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$1k	-	60 Month IRA Certificate
1.75%	$1k	-	48 Month IRA Certificate
1.40%	$1k	-	36 Month IRA Certificate
1.10%	$1k	-	24 Month IRA Certificate
0.85%	$1k	-	12 Month IRA Certificate
0.65%	-	-	18 Month Variable IRA Certificate
0.60%	$1k	-	6 Month IRA Certificate

Locations

Gerber Federal Credit Union Locations
Branch Office	508 State St	Fremont, MI 49412
Branch Office	1004 W Main St	Fremont, MI 49412
Branch Office	300 Adams St	Newaygo, MI 49337-8942