Gerber Federal Credit Union

Overview / Commentary
508 State St
Fremont, MI 49412

Gerber Federal Credit Union is headquartered in Fremont and is the 71st largest credit union in the state of Michigan. It is also the 1,258th largest credit union in the nation. It was established in 1950 and as of December of 2018, it had grown to 44 employees and 14,280 members at 3 locations. Gerber Federal Credit Union's CD rates are 94% higher than the national average, and it has an A 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


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

NCUA #6832
Year Chartered1950
Primary Regulator
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD3.67%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$150.3MM$145.7MM
LoansQ4 2018vs Q4 2017$85.8MM$73.8MM
DepositsQ4 2018vs Q4 2017$131.4MM$129.0MM
Equity CapitalQ4 2018vs Q4 2017$15.6MM$15.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$389.00K$395.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$290.00K$486.00K
Real Estate OwnedQ4 2018vs Q4 2017$310.00K$446.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Gerber Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* 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

0.90%*$100k*-Super Savings Account
OTHER TIERS: 0.75% $1k - $5k | 0.80% $5k - $50k | 0.85% $50k - $100k
0.80%*$5k*-IRA Savings Account
OTHER TIERS: 0.70% $5 - $1k | 0.75% $1k - $5k
0.10%$5-Regular Savings Account

Gerber Federal Credit Union Checking Account Rates

0.50%*$100k*-Super Checking Account
OTHER TIERS: 0.35% $1k - $5k | 0.40% $5k - $50k | 0.45% $50k - $100k
0.05%$1k-Share Draft Account

Gerber Federal Credit Union CD Rates

3.45%$1k-84 Month Share Certificate
2.95%$1k-60 Month Share Certificate
2.75%$1k-48 Month Share Certificate
2.45%$1k-36 Month Share Certificate
2.00%$1k-24 Month Share Certificate
1.75%$1k-12 Month Share Certificate
1.50%$1k-6 Month Share Certificate

Gerber Federal Credit Union IRA Rates

3.45%$1k-84 Month IRA Certificate
2.95%$1k-60 Month IRA Certificate
2.75%$1k-48 Month IRA Certificate
2.45%$1k-36 Month IRA Certificate
2.00%$1k-24 Month IRA Certificate
1.75%$1k-12 Month IRA Certificate
1.50%$1k-6 Month IRA Certificate
1.40%$1-18 Month Variable IRA Certificate

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.