Consumers Credit Union Grand Rapids MI | Affordable Vehicle Loans & Top Checking Accounts

Introduction

Welcome to Consumers, your trusted financial partner located at 6770 Kalamazoo Ave Se, Grand Rapids, MI 49508. Established in 1964, we have been dedicated to serving our community with integrity and commitment. With a thriving membership of 142,950 individuals, we pride ourselves on being more than just a credit union; we are a family focused on your financial well-being. At Consumers, we manage total assets of over $2.38 billion, ensuring that your funds are secure and your investment grows. Our members benefit from a range of services including personal banking, auto loans, mortgage refinancing, and business banking solutions. With total deposits of $65,993,314 and a net worth of $223,309,042, we stand strong in our mission to support your financial journey. Led by our CEO Scott Sylvester and Board President Kim Shook, our team of 431 employees is here to assist you with personalized service that meets your unique needs. Whether you need assistance with loans over 87,715 loans currently managed or simply want to explore your options in savings and investments, we're here for you. While members can visit us at our branch location for face-to-face support and guidance, official correspondence should be directed to the same address as our branch. You can reach us at (616) 301-1310 during business hours: Monday through Wednesday from 9 am to 5:30 pm, Thursday and Friday from 9 am to 6 pm, and Saturday from 9 am to 12 pm. Join us today at Consumers Credit Union where you are not just another account; you're part of a community committed to your success! Visit us online at consumerscu.org or stop by our branch we can't wait to welcome you!

Branch History & Mission

Welcome to Consumers, a credit union that has proudly served the Grand Rapids community since 1964. Our branch, located at 6770 Kalamazoo Ave Se, Grand Rapids, MI 49508, has grown alongside our members, evolving into a trusted financial partner for over 142,000 individuals and families. From our humble beginnings, we have remained committed to providing quality financial services tailored to meet the needs of our community. With total assets exceeding $2.38 billion, we are dedicated to empowering our members through a range of services including personal banking, auto loans, mortgages, and business financing. Our journey has been marked by significant milestones that reflect our unwavering dedication to our members' financial well-being. At Consumers, our mission is clear: we strive to improve the financial lives of our members while fostering a sense of community. We believe in making banking accessible and straightforward for everyone. Whether you're looking to open a checking account or seeking advice on your next home purchase, our knowledgeable staff is here to assist you every step of the way. We take pride in offering modern conveniences like online and mobile banking services, ensuring that managing your finances is both simple and efficient. Our commitment to accessibility is further underscored by ADA compliance and availability of ATMs throughout the area. For those who prefer face-to-face interactions, we offer drive-thru services during convenient hours Monday through Wednesday from 9 am to 5:30 pm; Thursday and Friday from 9 am to 6 pm; and Saturday from 9 am to noon. Consumers is not just about numbers; it's about people. We actively engage in community outreach programs and partnerships that uplift those around us. By supporting local initiatives and providing educational resources, we aim to create a positive impact beyond just banking. As we continue this journey together, we invite you to join us at Consumers. Experience the benefits of membership where your financial goals are supported with care and expertise. Together, let's build a brighter future for you and your community! If you have any questions or need assistance, feel free to reach out at 616-301-1310.

Branch Location & Accessibility

Easy Access and Amenities

At our Gaines branch, we prioritize your comfort and convenience. We offer ample parking space for all visitors, including accessible spots for those with mobility needs. The building is fully ADA compliant, ensuring that everyone can easily access our services. If you're looking to handle banking tasks on the go, we also have a drive-thru available for quick deposits and withdrawals.

Get in Touch Today!

Have questions or want to learn more? Don't hesitate to reach out! Call us at 616-301-1310 or visit our website at Consumers Credit Union for more information. We can't wait to welcome you into our community!

Operating Hours That Fit Your Schedule

Our doors are open with friendly faces ready to assist you during the following hours: Monday through Wednesday from 9 AM to 5:30 PM, Thursday and Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM. Whether you prefer visiting us during the week or on Saturdays, we're here to serve your banking needs.

Services Just for You

At Consumers Credit Union, we provide a range of services tailored to fit your financial lifestyle. From personal checking and savings accounts to auto loans and mortgage financing, our knowledgeable staff is ready to help you find the right solutions. Plus, with ATM availability on-site, accessing cash has never been easier!

Member Eligibility

Becoming a member of Consumers is more than just opening an account; it's about joining a community that cares about your financial well-being. If you live, work, worship, or attend school in the Grand Rapids area, you're likely eligible for membership! Our friendly team is here to guide you through the process and help you enjoy all the benefits we offer, from competitive rates on loans and savings to personalized service tailored just for you. For detailed eligibility criteria, check out our resource at . Ready to take the next step? Opening an account is straightforward! You can start your journey with us by visiting our branch at 6770 Kalamazoo Ave Se Grand Rapids Mi 49508, or simply give us a call at (616) 301-1310. We look forward to welcoming you into our family at Consumers, where your financial dreams can thrive!

Business Banking & Commercial Services

Financing Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2,206 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 $265,279,836, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Tailored for You

In addition to loans, we offer merchant services that simplify transactions and enhance customer experiences. Imagine having a seamless point-of-sale system that allows you to accept payments quickly and securely, whether you're at the counter or on the go. Our tools are designed to make managing your finances easier, so you can focus on what matters most growing your business. Visit us at 6770 Kalamazoo Ave Se Grand Rapids Mi 49508 in Grand Rapids, MI or call us at (616) 301-1310 to learn more about how our Business Banking & Commercial Services can help you achieve your goals!

Comprehensive List Of Services

Accessibility

We also ensure that access to cash is straightforward with our ATM & cash withdrawal services, as well as basic drive-thru banking for quick deposits, withdrawals, or simple transactions right from your car. Whether you're visiting us in person or using our digital tools at home, Consumers is here to support you every step of the way with friendly service and comprehensive financial solutions tailored just for you. If you're ready to explore how Consumers can help with your financial needs or have questions about our offerings, don't hesitate to give us a call at 616-301-1310 or visit us online at consumerscu.org. Your financial success starts here!

Business Solutions

For entrepreneurs and business owners in the community, our business banking services include merchant services and business loans designed to support your growth and operational needs. We believe that local businesses are the backbone of our community, so we strive to provide tools that help them thrive.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we have invested in robust online and mobile banking platforms that allow you to manage your accounts anytime, anywhere. With features like mobile payments and person-to-person transfers, handling your finances has never been easier.

Home Financing

Home ownership is a significant milestone for many individuals and families. At Consumers, we understand this journey well. That's why we offer mortgage loans and refinancing options designed to help you secure your dream home or lower your monthly payments on your current mortgage.

Loans for Every Need

Life can throw unexpected expenses your way, which is why we provide personal loans and debt consolidation services. These can help ease financial burdens by allowing you to consolidate multiple debts into one manageable payment. Additionally, if you're looking for rewards while spending, check out our credit cards with rewards, offering benefits that suit your lifestyle.

Personal Banking

When it comes to personal banking, we offer everything you need to manage your finances effectively. Our checking and savings accounts come with user-friendly features that help you keep track of your money effortlessly. For those considering purchasing a new car or refinancing an existing vehicle, our auto loans and vehicle financing options provide competitive rates and flexible terms.

Digital & Online Banking

Accessibility Anytime, Anywhere

With Consumers, banking has never been more accessible. Our digital banking platform allows you to manage your finances whenever it suits you day or night. Whether you're at home or out running errands, you can rest easy knowing that all the tools you need are right there on your device. Embrace the freedom of managing your finances on your terms with Consumers's comprehensive digital banking solutions. Discover how easy it is to take control of your financial life by visiting us online today!

Key Features of Our Digital Banking Services

One of the standout features of our online banking is the ability to check your account balances, transfer funds, and pay bills all in real-time. No more waiting in line or rushing to the bank before it closes; you have complete control right at your fingertips. You can also take advantage of our e-statements, which allow you to view and manage your financial documents electronically, making it easier than ever to stay organized. If you're always on the go, our mobile application is a game changer. Not only can you manage your accounts easily, but you can also make mobile payments with ease. Whether you're splitting a bill with friends or shopping online, our person-to-person transfer feature makes sending money quick and simple. We prioritize your security and peace of mind when using these services. Your information is protected with robust security measures, ensuring that every transaction remains safe. Plus, if you ever need to sign documents electronically, we offer electronic signature authorization for added convenience.

Financial Strength

Growing Member Base

We are pleased to report that we have a total of 308,686 share accounts, showcasing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments at $0, we remain agile in meeting the needs of our community. 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 6770 Kalamazoo Ave Se Grand Rapids Mi 49508 or call 616-301-1310 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $648,052,464 in share certificates and $521,996,529 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.

Reinvesting for Your Future

With $218,884,511 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $39,075 in used auto loans and $2,091,705,346 in total loans and leases. Our operations reflect efficiency with a net income of $0, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 418 full-time employees and 13 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $223,309,042, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 935% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $644,590,085 in used vehicle loans and $178,224,989 in new vehicle loans already helping members get on the road. We cater to different preferences and budgets through our various auto loan options. If you're considering refinancing your current vehicle loan for better rates or terms, we can help with that too!

Credit Lines and Business Loans

For those looking for additional financial flexibility or running a business, we also offer substantial credit lines totaling $661,509,863. For business owners specifically, our outstanding commercial loans amounting to $265,279,836 provide the capital needed to grow and expand. At Consumers Credit Union, we prioritize your financial well-being. If you're interested in any of these loan products or would like more information about eligibility options and refinancing possibilities, don't hesitate to reach out! You can contact us at 616-301-1310 during our office hours: Monday - Wednesday from 9 am to 5:30 pm; Thursday - Friday from 9 am to 6 pm; and Saturday from 9 am to 12 pm. 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 take the next step toward achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $128,065,957, making buying or refinancing simple. We provide straightforward processes and competitive rates to help you move into your dream home without the hassle.

Unsecured Credit Cards

Managing day-to-day expenses or unexpected costs is easier with our flexible unsecured credit card loans. With a total of $42,872,491 in unsecured credit card loans assisting members in managing their finances effectively, you can rely on us for support when you need it most.

Loan Aggregator

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Consumers

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans