Overview / Commentary
GR Consumers Credit Union is headquartered in Wyoming and is the 140th largest credit union in the state of Michigan. It is also the 2,430th largest credit union in the nation. It was established in 1941 and as of March of 2025, it had grown to 11 employees and 2,823 members at 2 locations. GR Consumers Credit Union has an A health rating.
Field of Membership Restrictions
GR Consumers Credit Union is open to anyone who lives, works, worships, or attends school in the Michigan counties of Kent, Muskegon, or Ottawa .
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Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. GR Consumers Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68332 |
| Year Chartered | 1941 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.24% |
| Return on Equity - YTD | -1.42% |
| Annual Interest Income | $512K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $51MM$48.6MM |
| Loans | Q1 2025vs Q1 2024 | $22.4MM$23.2MM |
| Deposits | Q1 2025vs Q1 2024 | $41.8MM$39.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.4MM$8.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $144K$134K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $83K$88K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |