Consumers Coldwater MI Credit Union | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Consumers at 829 E Chicago St, Coldwater, MI 49036! Since our establishment in 1964, we have proudly served our community with dedication and care. With a total membership of 146,357, we are not just a credit union; we are a family committed to your financial well-being. At Consumers, your trust is our priority. We manage assets totaling an impressive $2,483,748,513 and maintain robust financial health with a net worth of $231,621,092. Our commitment to you is reflected in our services that span personal banking, auto loans, mortgage financing, and more tailored to meet the diverse needs of our members. While you can visit us at our Coldwater branch for all your banking needs, please note that official correspondence should be directed to PO Box 525, Oshtemo, MI 49077. Our friendly team is here to help you from Monday to Friday, with extended hours on weekends for your convenience. Led by our dedicated CEO, Scott Sylvester, and Board President, Nick Zafer, we strive to create an environment where every member feels valued and supported. Whether you're looking to open a new account or explore loan options (with over 88,370 loans currently financed), we invite you to reach out via phone at 517-278-2059 or visit our website at Consumers Credit Union. Join us in making a difference in our community your journey towards financial success starts here!

Branch History & Mission

A Legacy of Service

From our humble beginnings more than five decades ago, Consumers has continuously evolved to meet the needs of our members. We have witnessed remarkable growth, reflected in our current total assets of over $2.4 billion. This journey has been marked by significant milestones, including the expansion of our services to offer personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. As we look back on our history, it's clear that our mission has remained steadfast: to provide accessible financial solutions while actively supporting our community. Whether through partnerships with local organizations or initiatives designed to uplift those around us, we strive to make a meaningful impact.

Commitment to Innovation

We are committed to staying ahead of the curve by embracing digital advancements that enhance your banking experience. From online banking and mobile applications to ATM access and drive-thru banking services, we strive to make managing your finances easy and convenient.

Community Focus

Our dedication extends beyond financial transactions. We are proud of our outreach efforts which include supporting local events and initiatives that uplift the Coldwater community. By working together with local organizations, we continue to strengthen the bonds within our neighborhoods. As you consider joining us at Consumers, know that you will be part of a vibrant community focused on making a difference. Experience the benefits of membership today let us help you achieve your financial goals while fostering connections that matter! For more information or assistance, feel free to reach out at (517) 278-2059 during our operating hours: Monday - Wednesday from 9:00 AM - 5:30 PM; Thursday and Friday from 9:00 AM - 6:00 PM; and Saturday from 9:00 AM - 12:00 PM. Join us on this journey towards a brighter financial future!

Our Mission

At Consumers, we believe in empowering our members not just financially but also as active participants in their communities. Our mission is to deliver exceptional financial services while being a reliable resource for those we serve. We understand that every member's journey is unique; hence we focus on personalized service tailored to individual needs. While members can visit us at 829 E Chicago St Coldwater Mi 49036, official correspondence should be sent to PO Box 525, Oshtemo, MI 49077 if needed.

Branch Location & Accessibility

Convenient Access

Parking is readily available, ensuring you can get in and out smoothly. We take accessibility seriously, so our branch features ADA-compliant facilities and ramps for those who need them. Plus, we offer a drive-thru service that allows you to conduct simple transactions without leaving your vehicle.

Operating Hours

We're here for you during the week! Our lobby hours run from 9:00 a.m. to 5:30 p.m. on Monday through Wednesday, and we extend our hours until 6:00 p.m. on Thursday and Friday. If you need us on Saturday, our drive-thru is open from 9:00 a.m. to 12:00 p.m., giving you plenty of time to drop by.

Services Offered

At Consumers, we offer a wide range of services tailored to meet your personal and business banking needs. From checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Our ATM is also available for quick cash withdrawals and balance checks whenever you need it. While members can visit us at 829 E Chicago St, please note that official correspondence should be sent to PO Box 525 in Oshtemo, MI. Feel free to give us a call at 517-278-2059 if you have any questions or need assistance! We look forward to serving you soon!

Member Eligibility

At Consumers, we believe that becoming a member is like joining a caring family where your financial well-being matters. If you're looking to become part of our supportive community, eligibility is straightforward and welcoming! Anyone who lives, works, worships, or attends school in the local area can apply for membership. This means you have the chance to enjoy all the fantastic benefits we offer, from personalized banking services to competitive loan rates. You can find more detailed information about eligibility criteria by visiting this link. Opening an account with us is just as easy! Simply reach out to our friendly team at (517) 278-2059 or stop by our branch located at 829 E Chicago St Coldwater Mi 49036. We're here to guide you through each step of the process and ensure you feel right at home. Join us today and start enjoying everything Consumers has to offer!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2,432 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $3 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $261,602,578, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

Imagine having a reliable partner who can streamline your payment processes. Our merchant services offer practical benefits that allow you to accept payments quickly and securely, so you can focus on what you do best running your business. From point-of-sale systems to online payment solutions, we provide the tools you need to enhance your customer experience. Located at 829 E Chicago St Coldwater Mi 49036 in Coldwater, MI, we're just a call away at (517) 278-2059. Let's work together to take your business to new heights!

Comprehensive List Of Services

Business Banking Solutions

If you're a business owner, we understand how crucial it is to have reliable banking support. At Consumers, we offer comprehensive business banking services, including merchant services and business loans that can help you grow your venture. Our team is ready to assist you with any inquiries regarding these services.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking options that allow you to manage your accounts anytime, anywhere. With features such as mobile payments, person-to-person transfers, and e-statements, staying on top of your finances is easy. Plus, our ATM and cash withdrawal services ensure that accessing your money is simple and straightforward.

In-Person Support

For those who prefer face-to-face interactions, our branch offers basic drive-thru banking for deposits, withdrawals, and simple transactions. Our ATM also provides quick access for balance checks and cash withdrawals without the wait. At Consumers in Coldwater, we're committed to making banking accessible and convenient for everyone in the community. If you have questions about our services or need assistance choosing what's right for you, don't hesitate to reach out! Call us at 517-278-2059 or visit us during our operating hours: Monday through Wednesday from 9:00 a.m. to 5:30 p.m., Thursday and Friday from 9:00 a.m. to 6:00 p.m., and Saturday from 9:00 a.m. to 12:00 p.m. Experience the difference with Consumers where every member matters!

Personal Banking Services

Managing your finances has never been easier with our personal banking services. We offer various checking and savings accounts designed to fit different lifestyles. Need to buy a new car? Our auto loans and vehicle financing options provide competitive rates that can help get you behind the wheel quickly. If homeownership is in your future, consider our mortgage loans and refinancing services, which guide you through the process from start to finish. For those unexpected expenses or debt management, our personal loans and debt consolidation options offer flexible solutions tailored for your situation. Plus, enjoy the benefits of our credit cards with rewards, allowing you to earn while you spend.

Digital & Online Banking

Explore Our Services

With our robust online banking platform, accessible at https://www.consumerscu.org/ , you can manage your accounts anytime, anywhere. Whether you want to check your balance, transfer funds, or pay bills, our 24/7 online banking services make it easy to stay on top of your finances. Plus, with e-statements available, you can go paperless and access your financial information quickly and securely.

Security You Can Trust

At Consumers, your security is our priority. While we don't currently offer electronic signature authorization, we continuously strive to provide a safe online experience for all our members. Our user-friendly interface ensures that managing your account is not only straightforward but also secure. Whether you're at home or on the move, Consumers empowers you with real-time account management tools designed for today's busy lifestyles. Experience the future of banking with us today!

Stay Connected on the Go

For those who prefer banking on their mobile devices, our mobile application is here to help. Download it for easy access to all your banking needs right at your fingertips. You can even make mobile payments and perform person-to-person transfers effortlessly. Say goodbye to cash and checks sending money to friends or family has never been easier!

Financial Strength

Growing Membership Trust

Total Share Accounts: 315,622, show a strong and growing member base that trusts us with their finances. This trust fuels our mission to provide exceptional service tailored to your unique needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Consumers is your trusted partner. Visit us at 829 E Chicago St, Coldwater or call us at 517-278-2059 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.

Member-Centric Savings Options

Members' savings are secured through $656,930,981 in share certificates and $562,051,887 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $9,403,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our current net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 436 full-time employees and 15 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team.

Reinvestment for Your Benefit

With $229,441,845 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. This commitment ensures you have access to the latest financial products designed with your needs in mind.

Solid Financial Foundation

With a net worth of $231,621,092, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 932 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

Our lending capacity supports members' financial goals across various sectors. We currently have $39,879 in used auto loans and a total of $2,144,478,172 in loans and leases available. This allows us to assist you whether you're purchasing a vehicle or considering other financing options.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $667,842,665 in used vehicle loans and $174,879,777 in new vehicle loans already helping members get on the road. We provide flexible financing options for both new and used vehicles to make your car-buying experience as smooth as possible.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $261,602,578 provide the capital needed to expand operations or invest in new projects. We understand the challenges that come with running a business and are dedicated to supporting local entrepreneurs. At Consumers, we pride ourselves on being more than just a lender; we're your partner in financial success. If you're interested in any of our loan offerings or would like more information about refinancing or eligibility options available to you, please call us at 517-278-2059. 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 help you navigate your financial journey!

Credit Lines and Personal Loans

For those looking for added flexibility in their finances, our credit lines total $688,686,834. This allows you to access funds when you need them without the hassle of applying for a new loan each time. Additionally, we also provide unsecured credit card loans with a total of $43,007,305 available to help manage everyday expenses effectively. With flexible repayment terms and no collateral required for these credit cards, it's easier than ever to take control of your finances.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $145,657,296, making buying or refinancing simple. We offer competitive rates and terms tailored to fit your budget. If you're considering refinancing your existing mortgage or exploring eligibility options for first-time homebuyers, our team is here to guide you through every step.

Loan Aggregator

Accurate Loan Comparisons

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Benefits of Using LendMesh

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CONSUMERS CREDIT UNION