1166 FEDERAL CREDIT UNION - Grand Rapids, MI

Welcome to 1166, your trusted credit union located at 2900 Charlevoix Dr, Grand Rapids, MI 49546. Established in 1936, we have been dedicated to serving our community for over 85 years. With a growing membership of 1,204 individuals and families, we pride ourselves on offering personalized financial solutions that cater to your unique needs. At 1166, we understand that every member's financial journey is different. That's why we provide a wide range of services designed to help you achieve your goals. Our total assets stand at an impressive $20,486,950, showcasing our stability and commitment to our members. With $2,251,477 in total deposits and a solid net worth of $1,545,028, you can trust that your funds are secure with us. Our leadership team is committed to fostering a welcoming environment. Under the guidance of CEO Annemarie Shinn and Board President Michael Shawaryn, our dedicated staff of 5 employees is always ready to assist you. Whether you're looking for loans our portfolio includes a total of 1,753 loans and leases or simply need advice on managing your finances, we're here for you. While members can visit us at our branch location, official correspondence should be sent to our mailing address: 600 27th South East, Suite 100, Grand Rapids, MI 49546. Ready to take the next step? Give us a call at 616-285-5711** or visit our website at 1166fcu.org for more information on how we can help you thrive financially. Join us today and experience the difference a community-focused credit union can make!

Joining 1,166 feels like stepping into a welcoming community where everyone is valued. To become a member, you need to meet some simple eligibility criteria. Primarily, individuals who live, work, worship, or attend school in the area are encouraged to apply. This means that if you're part of our local community here at 2900 Charlevoix Dr Grand Rapids Mi 49546, we'd love for you to be part of our family! Being a member opens the door to various financial benefits and personalized services designed with your needs in mind. Getting started is easy! You can find all the detailed eligibility requirements by visiting this link. If you have any questions or need assistance during the process, don't hesitate to reach out at (616) 285-5711. We look forward to welcoming you to 1,166!

At 1,166, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We want to assure you that your trust in us is well-placed, as our financial health reflects our commitment to serving you and your community. With a net worth of $1,545,028, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $754 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $3,781,530 in share certificates and $3,109,671 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $1,043,134 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is also significant; with $125 in used auto loans and $7,881,289 in total loans and leases, we support your financial goals across various sectors. Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 3 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. The strength of our community is evident as well; we proudly support 2,327 share accounts, showcasing a robust member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1,166 is your trusted partner. Visit us at 2900 Charlevoix Dr Grand Rapids Mi 49546 or call (616) 285-5711 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*