West Michigan Credit Union is headquartered in Grand Rapids and is the 69th largest credit union in the state of Michigan. It is also the 1,173rd largest credit union in the nation. It was established in 1956 and as of December of 2021, it had grown to 52 employees and 16,787 members at 7 locations. West Michigan Credit Union has an A+ health rating.
Membership is open to those who live, worship or work in Lake, Kent, Manistee, Missaukee, Mecosta, Montcalm, Newaygo, Osceola, or Wexford Counties in Michigan. Membership is also open to employees and retirees of the State of Michigan who live or work in Benzie, Leelanau, Mason, Muskegon, Oceana, and Ottawa Counties; Miller Industries in Reed City.
See current membership details
Overall | |
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NCUA # | 62347 |
Year Chartered | 1956 |
Employees | 52 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.69% |
Return on Equity - YTD | 4.45% |
Annual Interest Income | $6.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $223.4MM$198.7MM |
Loans | Q4 2021vs Q4 2020 | $135.7MM$113.1MM |
Deposits | Q4 2021vs Q4 2020 | $186.1MM$163.1MM |
Equity Capital | Q4 2021vs Q4 2020 | $34.4MM$32.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $610.00K$534.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $141.00K$126.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not West Michigan Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $2.5k | - | Midas Savings | |
0.05% | $5k | - | Gold Savings | |
0.05% | $1 | - | Nest Egg Savings | |
0.05% | $1 | - | Christmas Club | |
0.05% | $5 | - | Share Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.45% | $500 | - | 60 Month CD | |
0.40% | $500 | - | 48 Month CD | |
0.35% | $500 | - | 36 Month CD | |
0.30% | $500 | - | 24 Month CD | |
0.25% | $500 | - | 18 Month CD | |
0.20% | $500 | - | 12 Month CD | |
0.15% | $500 | - | 3 Month CD | |
0.15% | $500 | - | 6 Month CD |
West Michigan Credit Union Locations | ||
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Branch Office | 215 Bell Ave | Cadillac, MI 49601-1103 |
Branch Office | 4795 220th Avenue | Reed City, MI 49677-1395 |
Branch Office | 802 Division St | Big Rapids, MI 49307-2230 |
Branch Office | 825 Division St | Big Rapids, MI 49307-2229 |
Branch Office | 1319 Front Ave NW | Grand Rapids, MI 49504 |
Branch Office | 316 Care Center Dr | Manistee, MI 49660 |
Corporate Office | 1720 Michigan St NE | Grand Rapids, MI 49503 |