Bloom Credit Union Grand Rapids MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Bloom Credit Union, your trusted financial partner since 1951. Located at 1327 Plainfield Ave NE, Grand Rapids, MI 49505, we have been dedicated to supporting our community and helping members achieve their financial goals. With a robust membership of over 13,000 and total assets exceeding $193 million, we pride ourselves on providing exceptional service tailored to your needs. At Bloom, we understand that each member's journey is unique. That's why our diverse range of services includes everything from personal banking such as checking and savings accounts to auto loans, mortgages, and business financing options. Whether you're looking to finance a new vehicle or consolidate debt, our experienced team is here to guide you every step of the way. We are led by CEO Joe Heintskill and Board President Roxanne Speck, who both share a commitment to fostering a community-focused environment. With a total of 46 employees ready to assist you, we aim to create a welcoming atmosphere where your financial aspirations can flourish. While members can visit us at our branch location, official correspondence should be sent to 1327 Plainfield N.E., Grand Rapids, MI 49505. Feel free to reach out at (616) 452-2161 for any inquiries or assistance. Join us at Bloom Credit Union today and experience the difference of being part of a cooperative that truly cares about its members. Visit our website at bloomcu.org for more information about our services or stop by to speak with one of our friendly staff members. We look forward to serving you!

Branch History & Mission

Join Us

As we look forward to the future, we invite you to join the Bloom family. Experience firsthand how our dedicated team works tirelessly to support your financial goals while making meaningful contributions to our community. If you're interested in becoming a member or learning more about what we offer, feel free to reach out at (616) 452-2161 or visit us online at Bloom's website. Together, let's build a brighter financial future!

Our Journey

Since our founding, Bloom has been on a mission to provide exceptional financial services while fostering community spirit. We started with a simple goal: to help our members achieve their financial dreams. Over the years, we have expanded our offerings to include personal banking options like checking and savings accounts, auto loans, mortgages, and even business banking services. Each milestone reflects our dedication to meeting the diverse needs of our community. As technology evolved, so did we. Today, we offer modern conveniences like online banking and mobile payments, ensuring our members have access to their accounts anytime and anywhere. With features such as electronic signatures and e-statements, we strive to make banking not just accessible but also efficient and user-friendly.

Our Mission

At Bloom, our mission is clear: we are here to empower individuals by providing reliable financial services that enhance their lives. We believe in more than just transactions; we believe in building lasting relationships. Our commitment extends beyond banking it's about giving back to the community that supports us. Whether through sponsorships, partnerships with local organizations, or community outreach programs, we actively seek ways to make a positive impact right here in Grand Rapids. While members can visit us at 1327 Plainfield Ave Ne Grand Rapids Mi 49505, official correspondence should be sent to 1327 Plainfield N.E., Grand Rapids, MI 49505 if it's different from the branch address. We also invite you to take advantage of our drive-thru service for quick transactions and our ATM for easy cash access.

Branch Location & Accessibility

A Warm Invitation

At Bloom, we're more than just a credit union; we're part of the community. We invite you to stop by and experience our friendly atmosphere and exceptional service firsthand. Whether you're a long-time member or considering joining us, we look forward to serving you!

Accessibility Features

At Bloom, we prioritize accessibility for all our members. The branch is fully ADA-compliant, featuring ramps and wide entrances to ensure everyone can visit us with ease. We offer ample parking so you can easily find a spot when you arrive.

Banking Hours and Services

Our operating hours are the same as our Wyoming branch, ensuring you have consistent access to our services. Whether you're looking to open a checking account or need assistance with an auto loan, our knowledgeable staff is here to help during our convenient hours. We also provide drive-thru banking for quick transactions and ATM services for added flexibility. While members can visit us at 1327 Plainfield Ave NE, official correspondence should be sent to the same address for clarity. If you have questions or need assistance, feel free to call us at 616-452-2161.

Member Eligibility

At Bloom, we believe that becoming a member is like joining a close-knit family where your financial well-being is our priority. If you live, work, worship, or go to school in the area, you're already on your way to becoming a valued member of our community! We welcome individuals from various backgrounds and offer an array of services designed to support your financial journey. Whether you're looking for checking and savings accounts, auto loans, or even mortgage options, there's something here for everyone. To get started, you can find all the details about membership eligibility by visiting this link and checking out the specific criteria. Once you're ready to open an account, the process is simple and straightforward just give us a call at (616) 452-2161, and we'll guide you through every step. Join us at our branch located at 1327 Plainfield Ave Ne Grand Rapids Mi 49505, and experience the benefits of being part of Bloom today!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $37 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $75 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $12,175,115, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Transactions

In today's fast-paced market, efficient payment solutions are crucial. Our merchant services streamline transactions for your business. Imagine processing customer payments quickly and securely, allowing you to focus on what really matters serving your customers. From point-of-sale systems to online payment processing, we provide the tools you need to enhance your sales experience. Visit us at 1327 Plainfield Ave Ne Grand Rapids Mi 49505 in Grand Rapids, MI, or call us at (616) 452-2161 to discover how our business banking services can support your journey toward success!

Comprehensive List Of Services

ATM and Drive-Thru Services

Sometimes, all you need is quick access to cash or a simple transaction without stepping inside the branch. That's why we offer comprehensive ATM services for withdrawals and balance checks, along with basic drive-thru banking options for deposits and withdrawals. Whether you're in a rush or just prefer not to walk in, we've got you covered. At Bloom, we're here for all your financial needs from personal banking to business support and everything in between. We encourage you to reach out today! Give us a call at (616) 452-2161 or visit us at our branch located in 1327 Plainfield Ave Ne Grand Rapids Mi 49505. Let us help you achieve your financial goals with ease and confidence!

Business Banking Solutions

For our business members, we know that having reliable banking support is crucial. That's why we provide business banking services, including merchant services and business loans, to help you grow your enterprise without unnecessary hurdles.

Convenient Digital Banking

In today's fast-paced world, convenience is key. At Bloom, we offer robust online and mobile banking platforms that allow you to manage your accounts anytime, anywhere. You can easily make transactions, check balances, and even send money through our person-to-person payment feature. Our commitment to digital banking means you'll always have access to your funds right at your fingertips.

Personal Banking Services

We understand that personal finance can be overwhelming at times. That's why we offer a variety of personal banking options tailored to fit your lifestyle. From checking and savings accounts that help you manage your money effectively to auto loans and vehicle financing for that new car you've been eyeing, we have solutions ready for you. If you're looking to buy a home or refinance an existing mortgage, our mortgage loans and refinancing options are designed with competitive rates and flexible terms. Need a little extra cash? Our personal loans and debt consolidation services can provide the financial relief you need while keeping your payments manageable. Plus, our credit cards with rewards give you the chance to earn while spending on everyday purchases.

Digital & Online Banking

Key Services for Your Convenience

We know that signing documents can sometimes be a hassle. That's why we provide electronic signature authorization, allowing you to complete transactions quickly and securely from home. Plus, with e-statements available, you can keep track of your finances without the clutter of paper statements. If you're on the go, our mobile application has got you covered. It offers all the features of online banking right in your pocket. You can even make mobile payments and send money through person-to-person transfers with ease. Whether you're buying coffee or splitting a dinner bill with friends, managing your money has never been more convenient.

Security You Can Trust

At Bloom, we prioritize your security. Our digital banking services are equipped with robust protections to ensure that your personal information remains safe while you enjoy the convenience of online transactions. In today's fast-paced world, having control over your finances whenever you need it is essential. With our comprehensive digital and online banking services, we empower you to manage your money on your own terms quickly, easily, and safely. Join us at Bloom today and experience the future of banking!

Financial Strength

A Dedicated Team at Your Service

We also take pride in having 44 full-time employees and 2 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team. Your experience matters to us.

Commitment to Innovation

With $19,960,705 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment ensures that your financial needs are met with the highest standards.

Conclusion

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Bloom is your trusted partner. Visit us at 1327 Plainfield Ave Ne Grand Rapids Mi 49505 or call (616) 452-2161 to learn more about how we can help you achieve your financial goals.

Secure Savings Opportunities

Members' savings are secured through $37,622,568 in share certificates and $10,483,665 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. Our focus remains on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Capital Foundation

With a net worth of $19,960,705, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,034 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

We understand that each member has unique financial goals. With $2,568 in used auto loans and $125,011,123 in total loans and leases, our lending capacity supports your ambitions across various sectors. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $34,226,335 in used vehicle loans and $2,642,823 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used car, we have options designed for you.

Business Financing

For business owners, our outstanding commercial loans totaling $12,175,115 provide the capital needed to grow and expand. We understand that running a business comes with unique challenges and opportunities; our commercial lending solutions are designed to support your entrepreneurial journey.

Credit Lines

Additionally, our credit lines totaling $44,971,629 allow for easy access to funds when you need them most. This flexibility can be beneficial for managing cash flow or funding larger purchases. At Bloom, we pride ourselves on transparency and member service. Our team is here to guide you through the loan process and discuss eligibility options that may suit your situation. Don't hesitate to reach out at 616-452-2161 or visit us at 1327 Plainfield Ave Ne Grand Rapids Mi 49505 for more information about how we can assist you with your financial needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us partner with you on your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $22,784,816, make buying or refinancing simple. We provide various mortgage products that can help you secure your dream home or lower your monthly payments through refinancing.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,297,670 in loans helping members manage their finances effectively. This option is perfect for those looking to consolidate debt or cover unexpected expenses without needing collateral.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Loan Comparisons

LendMesh guarantees accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This means that all the loan offers you see are fair and transparent, ensuring that you get the best possible options tailored to your needs.

BLOOM CREDIT UNION