Meijer Credit Union is headquartered in Grand Rapids and is the 124th largest credit union in the state of Michigan. It is also the 1,987th largest credit union in the nation. It was established in 1958 and as of December of 2022, it had grown to 31 employees and 15,539 members at 2 locations. Meijer Credit Union has a B health rating.
Field of Membership Restrictions
Meijer Credit Union offers membership those who work, attend school, worship or live in the State of Michigan, as well as, legal entities. Employees and pensioners of Meijer, Inc. and licensee employees permanently assigned in Meijer, Inc units.
See current membership details
Good Credit Union Better Than Aac Cu
over all i love them good atms that give good change 5s etc friendly employees.good thurs fri hours 830 to 530 and good sat hours 9-12am. biggest perk is debit round up to help you save. they even have a second chance pathway checking account. if your creditg score is under 600 small monthly fede of 5. only draw back is mobile deposits are restricted to after 6months of membership which is very inconvenient. two things that i disllike is waiting so long for debit cards no temp cards or instant issues. good atm access at meijer gas stations etc. coop atms etc.
no zelle member service closes at 5pm everyday but opens at 830am.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62393 |
| Year Chartered | 1958 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.47% |
| Return on Equity - YTD | 6.14% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $86.0MM$89.6MM |
| Loans | Q4 2022vs Q4 2021 | $52.0MM$39.6MM |
| Deposits | Q4 2022vs Q4 2021 | $78.2MM$81.4MM |
| Equity Capital | Q4 2022vs Q4 2021 | $6.6MM$7.8MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $389.00K$515.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $259.00K$355.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |