Gerber Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	5-year CD	60 Month Share Certificate 2.35% - Synchrony Bank 60 Month CD
0.85%	1-year CD	12 Month Share Certificate 1.40% - Synchrony Bank 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 78^th largest credit union in the state of Michigan. It is also the 1,293^rd largest credit union in the nation. It was established in 1950 and as of March of 2017, it had grown to 40 employees and 13,306 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 Q1 2017

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Health Grade Components

Overall
NCUA #	6832
Year Chartered	1950
Employees	40
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.05%
Return on Equity - YTD	-0.42%
Annual Interest Income	$1.0MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$140.9MM$135.1MM
Loans	Q1 2017vs Q1 2016	$71.6MM$68.4MM
Deposits	Q1 2017vs Q1 2016	$124.6MM$119.0MM
Equity Capital	Q1 2017vs Q1 2016	$15.1MM$14.9MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$464.00K$488.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$183.00K$188.00K
Real Estate Owned	Q1 2017vs Q1 2016	$503.00K$663.00K

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