Consumers Credit Union – MI

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

P.O. Box 525, Oshtemo, MI 49077

Website

(269) 345-7804

Data Source: NCUA, December 31, 2016


Consumers Credit Union, MI was founded in 1964. Headquartered in Oshtemo, Michigan, Consumers Credit Union, MI is a state chartered and federally insured credit union, being chartered in Michigan and insured through the National Credit Union Share Insurance Fund (NCUSIF). Consumers Credit Union, MI is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Consumers Credit Union, MI services 78,148 members through its 19 offices and branches and 242 full-time and 14 part-time employees. It has $809,890,684 of total assets and $75,763,521 of net worth. Based on its asset size and net worth ratio, Consumers Credit Union, MI is classified as a Well Capitalized large credit union.

Consumers Credit Union, MI offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Consumers Credit Union, MI also provides an array of services to its members and local communities. Consumers Credit Union, MI plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Consumers Credit Union, MI’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Michigan
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.2000
0.1000
0.1200
Money Market
0.2000
0.2500
0.2500
Certificate Deplit
1.6900
0.6000
0.5800
IRA
0.5000
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Credit Cards
9.9900
9.9600
9.9900
Unsecured Line of Credits
12.3400
11.0000
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
n/a
6.2300
6.0200
New Car Loans
3.5300
2.9900
3.3300
Used Car Loans
4.5300
3.9900
4.5000
1st Mortgage Real Estates
4.3400
4.2500
4.2500
Other Real Estates
4.4600
4.5000
4.7000

Consumers Credit Union, MI prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Consumers Credit Union, MI.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

As a community financial institution, Consumers Credit Union, MI actively involves in local communities by prliding services such as financial counseling, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
9th Street
6699 W Main St
Kalamazoo, MI 49009-8922
Phone:269-345-7804

Cascade
5575 28th St Se
Grand Rapids, MI 49512-2053
Phone:616-301-1310

Centre Street
1511 W Centre Ave
Portage, MI 49024-5325
Phone:269-345-7804

Coldwater
829 E Chicago St
Coldwater, MI 49036
Phone:517-278-2059

Downtown
125 S Kalamazoo Mall Ste 104
Kalamazoo, MI 49007
Phone:269-345-7804

Gaines
6770 Kalamazoo Ave Se
Grand Rapids, MI 49508-7032
Phone:616-301-1310

Gull Road
5940 Gull Rd
Kalamazoo, MI 49048-4000
Phone:269-345-7804

Mattawan
56109 S Main St
Mattawan, MI 49071
Phone:269-345-7804

Milham Ave
1065 E Milham Ave
Portage, MI 49002
Phone:616-393-0555

Portage Road
4023 Portage St
Kalamazoo, MI 49001-5273
Phone:269-345-7804

Riley
12705 Riley St
Holland, MI 49424
Phone:269-393-0555

South Haven
1579 Phoenix St
South Haven, MI 49090-7112
Phone:269-637-3414

South Washington
1037 Washington Ave
Holland, MI 49423
Phone:616-393-0555

Stadium Drive
Main Office

7040 Stadium Dr
Kalamazoo, MI 49009-6272
Phone:269-345-7804

Welch’s
230 Walker St
Lawton, MI 49065
Phone:269-345-7804

West Main
5018 W Main St
Kalamazoo, MI 49009-1002
Phone:269-345-7804

(269) 345-1648

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

Related Listings