Meijer Credit Union


Overview / Commentary
616-784-4822
2410 Gaynor Ave NW
Grand Rapids, MI 49514

Meijer Credit Union is headquartered in Grand Rapids and is the 121st largest credit union in the state of Michigan. It is also the 1,938th largest credit union in the nation. It was established in 1958 and as of June of 2020, it had grown to 35 employees and 13,884 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

Reviews

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



Health
B+
Additional 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. Meijer Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #62393
Year Chartered1958
Employees35
Primary Regulator
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD0.79%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$80.6MM$68.7MM
LoansQ2 2020vs Q2 2019$37.7MM$45.4MM
DepositsQ2 2020vs Q2 2019$72.5MM$60.8MM
Equity CapitalQ2 2020vs Q2 2019$7.1MM$6.7MM
Loan Loss AllowanceQ2 2020vs Q2 2019$784.00K$664.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$810.00K$747.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$95.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Meijer 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.

Meijer Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%-$1kHealth Savings Account
0.10%--IRA Share Account
0.10%--Roth IRA Share Account
0.05%$100-Regular Share Savings Account
0.05%--My Savings

Meijer Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Money Market Account
OTHER TIERS: 0.05% $1k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k

Meijer Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$15kMy Cash Checking
OTHER TIERS: 0.05% $15k+

Meijer Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-60 Month CD
0.30%$500-36 Month CD
0.30%$500-48 Month CD
0.20%$500-24 Month CD
0.20%$500-30 Month CD
0.05%$500-6 Month CD
0.05%$500-12 Month CD
0.05%$500-18 Month CD

Meijer Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-60 Month IRA
0.30%$500-36 Month IRA
0.30%$500-48 Month IRA
0.20%$500-24 Month IRA
0.20%$500-30 Month IRA
0.05%$500-6 Month IRA
0.05%$500-12 Month IRA
0.05%$500-18 Month IRA
Locations


Meijer Credit Union Locations
Main Office2410 Gaynor Ave NWGrand Rapids, MI 49544-1830
Branch Office2745 10 Mile Rd NE Ste HRockford, MI 49341-7016

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.