Consumers Credit Union Grand Rapids MI | Low Mortgage Rates & Business Banking

Introduction

Welcome to Consumers, your trusted financial partner located at 5575 28Th St Se, Grand Rapids, MI 49512. Since our establishment in 1964, we have been dedicated to serving our community with integrity and compassion. As a member-focused credit union, we pride ourselves on fostering financial growth and stability for our 142,950 members. At Consumers, we understand that your financial needs are unique. With a robust total asset base of $2,384,854,945 and total deposits reaching $65,993,314, we offer a wide array of services tailored just for you. Whether you're looking to finance a new vehicle with our extensive auto loans or planning for the future with mortgage options, we have the tools and expertise to help you succeed. Our total loans stand at an impressive 87,715, ensuring that we can provide support when you need it most. Our commitment goes beyond numbers; it's about making an impact in your life. With a net worth of $223,309,042 and cash reserves of $34,423,513, we're not just financially sound we're here to empower our members. Under the leadership of CEO Scott Sylvester and Board President Kim Shook, our team of 431 employees is dedicated to creating positive experiences for every member who walks through our doors. While members can visit us at our branch location, official correspondence should be directed to our mailing address if needed. We invite you to explore all that Consumers has to offer by visiting our website at www.consumerscu.org. Ready to take the next step in your financial journey? Call us today at 616-301-1310 or stop by during our office 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. Let's build a brighter financial future together!

Branch History & Mission

Welcome to Consumers, a cornerstone of financial support in Grand Rapids, MI. Since opening our doors in 1964, we have proudly served our community with dedication and integrity. Located at 5575 28Th St Se, just a short drive from popular landmarks like Woodland Mall and the beautiful Millennium Park, we are here to provide personalized banking services that meet the needs of our diverse membership base. Over the years, Consumers has evolved significantly. From our humble beginnings, we have grown into a trusted financial institution with over 142,950 members and total assets amounting to $2,384,854,945. Our commitment to community empowerment drives us to offer a wide range of services everything from checking and savings accounts to auto loans and mortgages. We're not just about numbers; we believe in building relationships that foster financial literacy and well-being. At the heart of our mission is a simple yet powerful statement: "To improve the lives of our members by providing them with comprehensive financial solutions." This mission guides everything we do. We strive to ensure that every member feels valued and supported on their financial journey. Whether you're looking for help with your first mortgage or seeking advice on retirement planning, our team is dedicated to serving you. Our branch is equipped with modern conveniences like ATM access and drive-thru banking for quick transactions. We understand that flexibility matters, which is why we offer lobby hours Monday through Saturday to accommodate your busy schedule. For any official correspondence, please note that while members can visit us at 5575 28Th St Se Grand Rapids Mi 49512, official letters should be sent to our mailing address if provided. We also take pride in being ADA compliant and committed to digital advancements that make banking easier for everyone. Our online banking platform allows members to manage their finances anytime, anywhere whether it's making deposits or checking balances. Consumers believes in giving back. Our partnerships with local organizations reflect our dedication to community outreach. We actively support various initiatives aimed at enhancing education and promoting economic stability within Grand Rapids. As we look ahead, we invite you to join us at Consumers. Experience firsthand how we can help you achieve your financial goals while becoming part of a vibrant community focused on growth and support. Together, let's build a brighter future! For more information or to get started with your membership today, give us a call at (616) 301-1310 or visit us online at consumerscu.org.

Branch Location & Accessibility

Connect With Us

We invite you to visit our branch or give us a call at 616-301-1310 if you have any questions or need assistance. Come experience the difference at Consumers your trusted partner in financial wellness!

Convenient Access and Amenities

At Consumers, we understand the importance of accessibility. Our branch is designed with features like ramps for ADA compliance, ensuring everyone can visit us comfortably. Parking is plentiful and hassle-free, so you can spend less time searching for a spot and more time focusing on your banking needs. While members can visit us at our Grand Rapids location, please note that official correspondence should be sent to our mailing address, which is also located in Grand Rapids.

Operating Hours Tailored to You

We want to make banking as easy as possible for you. Our lobby hours are open from 9 AM to 5:30 PM Monday through Wednesday, extending to 9 AM to 6 PM on Thursday and Friday. If weekends work better for you, we're also here on Saturday from 9 AM to 12 PM! Whether you're stopping by for a quick transaction or need assistance with your accounts, our friendly staff is ready to help.

Services Offered

Consumers offers a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Need cash? We have an ATM available for your convenience, along with drive-thru banking options for quick deposits and withdrawals.

Member Eligibility

At Consumers, we believe that everyone deserves access to a supportive financial community. Becoming a member is straightforward and welcoming! If you live, work, worship, or attend school in the Grand Rapids area, you're likely eligible to join us. We cherish our local connections and aim to provide services tailored to your needs. The benefits of membership at Consumers include competitive rates on loans and savings accounts, personalized service, and a variety of financial tools designed to help you achieve your goals. To learn more about the specific eligibility criteria, feel free to visit our website at . Once you confirm your eligibility, opening an account is just as easy! You can start the process online or give us a call at (616) 301-1310 if you have any questions. We look forward to welcoming you to our community at 5575 28Th St Se Grand Rapids Mi 49512!

Business Banking & Commercial Services

Merchant Services That Matter

In today's fast-paced market, having efficient payment solutions is crucial. Our merchant services help you accept payments seamlessly, whether online or in-store. Imagine a customer walking into your shop and effortlessly completing their purchase with just a tap of their card or phone this is the convenience we bring to your business. Discover how Consumers at 5575 28Th St Se Grand Rapids Mi 49512, Grand Rapids, MI can partner with you for your financial needs. Contact us today at (616) 301-1310 to learn more about how we can help your business thrive!

Tailored Loan Options

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.

Comprehensive List Of Services

Additional Lending Options

In addition to auto loans, we provide personal loans and debt consolidation services. If you're managing multiple debts, consolidating them into one manageable payment can be a game-changer for your financial health. Plus, with our credit cards featuring rewards, every purchase brings you closer to exciting perks and benefits. For those who own businesses or are looking to start one, our business banking services include merchant services and business loans designed to support your entrepreneurial spirit. Whether it's upgrading equipment or expanding operations, we have the tools necessary for growth.

Convenient Access and Support

At Consumers, we understand that convenience is key. That's why we offer an ATM on-site for quick cash withdrawals and balance checks as well as drive-thru banking for simple transactions like deposits and withdrawals without leaving your car. Our friendly staff is always ready to assist during regular 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. With our focus on accessibility, you can rest assured knowing that managing your finances is just a click away through our digital platforms. Whether you're making payments or transferring money between accounts using our person-to-person service, everything is designed with ease of use in mind.

Join Us Today!

We invite you to experience all that Consumers has to offer by visiting us at our Grand Rapids branch or reaching out via phone at 616-301-1310. Your financial success is important to us, so let's work together towards achieving it! For more information about our services or to get started today, visit our website at Consumers Credit Union.

Personal Banking Solutions

Our personal banking services are designed with your lifestyle in mind. We offer checking and savings accounts that make it easy for you to manage your finances efficiently. Imagine having the ability to keep track of your spending while also saving for future goals. With our user-friendly online and mobile banking, you can access your accounts anytime, anywhere. If you're considering purchasing a car, our auto loans and vehicle financing options provide competitive rates tailored to fit your budget. Picture yourself driving off in your dream car without the stress of overwhelming payments. We also offer mortgage loans and refinancing solutions, helping you turn that house you've always wanted into a home.

Digital & Online Banking

Access Anytime, Anywhere

With 24/7 online banking services available, you can manage your accounts whenever it suits you best. Whether it's checking balances late at night or making quick payments during lunch breaks, Consumers is always here for you. While we don't currently offer electronic signature authorization for certain transactions, our team is ready to assist you with any needs that arise. Embrace the convenience of modern banking with us today! For more details about our digital services or to get started with online banking, visit us at https://www.consumerscu.org/ or give us a call at (616) 301-1310. Your financial freedom is just a click away!

Convenient Online Services

With just a few clicks, you can access our online banking platform at https://www.consumerscu.org/. Our services allow you to view your account balances, transfer funds, pay bills, and even send money to friends and family through person-to-person transfers. Plus, our mobile application makes it simple to manage your accounts right from your smartphone.

Stay Secure and In Control

We prioritize your security while ensuring ease of use. Our online banking features are designed with safety in mind, so you can feel confident every time you log in. You can also opt for e-statements to keep track of your transactions electronically no more paper clutter! And if you're ever on the move, our mobile payments feature allows you to make purchases quickly and securely without needing cash or cards.

Financial Strength

Commitment to Growth

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 capacity to support your financial goals is reflected in our $39,075 in used auto loans and $2,091,705,346 in total loans and leases.

Member Savings and Investments

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.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling 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.

Our 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.

Strong Member Base

With a total of 308,686, showing a strong and growing member base that trusts us with their finances. This trust is the foundation upon which we build our services. 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 5575 28Th St Se Grand Rapids Mi 49512 or call (616) 301-1310 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.

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 provide financing options for both new and used vehicles, ensuring you find the right fit for your budget. Plus, refinancing options are available if you're looking to lower your monthly payments.

Business Loans

For business owners, our outstanding commercial loans totaling $265,279,836 provide the capital needed to grow and expand your business operations. Whether you're starting a new venture or looking to enhance an existing one, we have financing solutions tailored for you. At Consumers Credit Union, we strive to provide our members with not just access to funds but also peace of mind knowing they are making informed financial decisions. Contact us today at (616) 301-1310 or visit us at our branch to learn more about our loan offerings and how we can help you. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. With Junior Lien 1-4 Family Residential Properties loans totaling $128,065,957, we can assist you in securing a mortgage that fits your lifestyle and financial situation. Our experienced staff is here to guide you through the process every step of the way.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $42,872,491 in loans helping members manage their finances effectively. These cards come with competitive interest rates and rewards programs to make your spending work for you.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users receive up-to-date loan rates from multiple institutions, allowing them to make well-informed decisions quickly. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" To explore your options further, compare real-time loan offers today at LendMesh and find the best rates for your needs. --- Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced 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), ensuring fair and transparent offers. This rigorous sourcing process guarantees that the information provided is both accurate and trustworthy.

Consumers

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans