Gerber Federal Credit Union


Overview / Commentary
231-924-4880
508 State St
Fremont, MI 49412

Gerber Federal Credit Union is headquartered in Fremont and is the 70th largest credit union in the state of Michigan. It is also the 1,152nd largest credit union in the nation. It was established in 1950 and as of March of 2025, it had grown to 44 employees and 16,004 members at 3 locations. Gerber Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Gerber Federal Credit Union is open to anyone who lives, works, attends school, volunteers, or worships in Newaygo County, Michigan, or in the Muskegon County townships of Cedar Creek, Moorland, Casnovia or Holton; or the Oceana County townships of Newfield or Greenwood. Immediate and household members are also eligible.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #6832
Year Chartered1950
Employees44
Primary Regulator
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD8.57%
Annual Interest Income$2.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$243.7MM$229.8MM
LoansQ1 2025vs Q1 2024$137.2MM$136MM
DepositsQ1 2025vs Q1 2024$220.6MM$211.3MM
Equity CapitalQ1 2025vs Q1 2024$20.5MM$16.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$816K$737K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$820K$937K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Gerber Federal Credit Union are currently being reviewed.

Locations


Gerber Federal Credit Union Locations
Branch Office508 State StFremont, MI 49412
Branch Office1004 W Main StFremont, MI 49412
Branch Office300 Adams StNewaygo, MI 49337-8942

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