Consumers Credit Union Kalamazoo MI | Low Mortgage Rates & Business Loans

Introduction

Welcome to Consumers, your trusted financial partner located at 1900 S Drake Rd, Kalamazoo, MI 49006. Established in 1964, we have proudly served our community for nearly six decades, growing to a strong membership base of 142,950 members. With total assets exceeding $2.38 billion, we are committed to providing reliable and accessible banking solutions tailored to meet the diverse needs of our members. At Consumers, we believe in empowering our members through financial education and support. We offer a wide range of services, including personal banking options like checking and savings accounts, auto loans, mortgages, and business banking solutions. Our dedicated team of 431 employees, led by CEO Scott Sylvester and Board President Kim Shook, is here to assist you with friendly service and expert advice. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to our mailing address: 1900 S Drake Rd, Kalamazoo, MI 49006-5716. Our commitment to the community shines through in everything we do from offering competitive rates on loans (with over 87,715 loans provided) to ensuring that your deposits are safe with us (currently totaling $65,993,314). We're proud of our financial stability, reflected in a net worth of $223,309,042 and cash reserves of $34,423,513. Whether you're looking to open a new account or explore financing options for your next vehicle or home purchase, we're here for you! Feel free to reach out to us at 269-345-7804, or visit our website at consumerscu.org for more information about how we can help you achieve your financial goals. Join us today and experience the difference of being part of the Consumers family!

Branch History & Mission

Commitment to Innovation and Community

Over the years, Consumers has embraced advancements in technology to better serve our members. We provide online and mobile banking options that allow you to manage your finances anytime and anywhere. Additionally, we are proud to offer ADA-compliant facilities ensuring accessibility for all our members. Our commitment extends beyond banking; we actively engage in community outreach initiatives that make a real difference in people's lives. By partnering with local organizations and participating in events, we strive to give back and strengthen the fabric of our community. With drive-thru banking available for quick transactions and an ATM on-site for easy cash access, we prioritize convenience alongside personalized service.

Join Us Today

As we look toward the future, we invite you to be part of our journey. At Consumers, you're not just a member; you're part of a family that cares about your financial well-being and community growth. Discover how you can benefit from joining us today! Visit our website or call us at 269-345-7804 for more information on becoming a member and experiencing all that Consumers has to offer.

Our Mission

Our mission is simple yet powerful: to empower our members through accessible financial services while fostering a sense of community. We understand that financial needs vary from person to person, so we offer a wide range of services including personal banking, auto loans, mortgages, and business banking solutions. We believe that by supporting our members financially, we can help them achieve their goals and dreams. While members can visit us at our branch location, official correspondence should be sent to the same address: 1900 S Drake Rd, Kalamazoo, MI 49006-5716. This central location is easily accessible and near popular local landmarks, making it convenient for everyone in the area.

Branch Location & Accessibility

Welcome to Consumers at Corner@drake, your friendly financial partner located at 1900 S Drake Rd in beautiful Kalamazoo, Michigan. Our branch is conveniently situated near popular local spots, making it easy for you to stop by while running errands or visiting nearby attractions. Whether you're grabbing a coffee at a local café or enjoying some time at the park, we are just a short drive away! At our branch, we prioritize accessibility for all our members. Our location is fully ADA compliant, featuring ramps and ample parking space to ensure everyone can access our services comfortably. If you need assistance, our friendly staff is always ready to help. We are proud to offer convenient operating hours designed to fit your busy schedule. Visit us Monday through Wednesday from 9 a.m. to 5:30 p.m., and on Thursday and Friday until 6 p.m. We also welcome you on Saturdays from 9 a.m. to 12 p.m. Need banking outside of these hours? Our drive-thru service operates until 7 p.m. on weekdays and until 1 p.m. on Saturdays, providing added flexibility for your banking needs. While you're here, take advantage of our ATM services available for quick cash withdrawals and balance checks anytime you need them. Plus, with the option for drive-thru banking, you can complete simple transactions without leaving your car. Should you need to send us any official correspondence, please note that you can also reach us at our mailing address: 1900 S Drake Rd, Kalamazoo, MI 49006-5716. Ready to experience the exceptional service at Consumers? Give us a call at 269-345-7804 or stop by today! We look forward to helping you with all your banking needs.

Member Eligibility

At Consumers, we believe that everyone deserves a chance to be part of a caring and supportive community. Becoming a member is simple and welcoming! If you live, work, or attend school in the areas we serve, you're likely eligible to join us. We also open our doors to family members of current members, ensuring that your loved ones can benefit from our services too. For the most up-to-date eligibility details, feel free to check out our resource at . Joining Consumers comes with numerous perks like competitive rates on loans and savings accounts, access to online banking, and a dedicated team ready to help you reach your financial goals. Plus, opening an account is straightforward just give us a call at (269) 345-7804 or visit us at 1900 S Drake Rd Kalamazoo Mi 49006, and we'll guide you through the process. We can't wait for you to experience all the benefits of membership!

Business Banking & Commercial Services

Commercial Loans That Fuel Growth

Imagine having the financial resources to seize new opportunities or tackle unexpected challenges. 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 That Simplify Transactions

In today's fast-paced environment, efficient payment processing is crucial for any business. Our merchant services allow you to accept payments easily, whether online or in-store. Picture your customers making quick purchases without hassle this not only enhances their experience but also boosts your sales. Visit us at 1900 S Drake Rd Kalamazoo Mi 49006 in Kalamazoo, MI or give us a call at (269) 345-7804 to discover how we can help your business grow!

Comprehensive List Of Services

Business Banking Services

If you're a business owner, our business banking services include merchant services and business loans tailored to help your company thrive. We know that running a business requires flexibility and support, which is why our team is dedicated to assisting you in achieving your goals.

Convenient Access Options

In today's fast-paced world, convenience is key. That's why we offer multiple ways for you to access your funds. Our ATM and cash withdrawal services allow you quick access whenever you need it. Plus, with our basic drive-thru banking options for deposits, withdrawals, and other simple transactions, you'll find that managing your money has never been easier.

Credit Cards and Rewards

For those who want to earn as they spend, our credit cards with rewards give you the chance to accumulate points or cash back on your everyday purchases. It's an easy way to make your money work harder for you.

Embracing Digital Banking

Embrace modern banking with our robust online and mobile banking platforms. Enjoy features like mobile payments, person-to-person transfers, e-statements, and more right from your smartphone or computer. This means whether you're at home or on the go in Kalamazoo, MI, you can manage your finances effortlessly. If you have any questions or would like to learn more about how we can assist you with your financial journey, don't hesitate to reach out! Call us at 269-345-7804 during our office hours: Monday through Wednesday from 9 a.m. - 5:30 p.m., Thursday and Friday from 9 a.m. - 6 p.m., and Saturday from 9 a.m. - 12 p.m. We look forward to serving you! For additional information about all our services or to explore what fits best for you, please visit us at Consumers.

Personal Banking Solutions

We understand that managing your personal finances can be a challenge. That's why we offer checking and savings accounts designed to fit various lifestyles. With easy online and mobile banking options, accessing your accounts is simple and secure. Need to finance a new car? Our auto loans and vehicle financing plans provide competitive rates to help you get behind the wheel without breaking the bank. When it comes to homeownership, our mortgage loans and refinancing options are here to guide you through every step of the process. We also provide personal loans and debt consolidation solutions for those looking to manage existing debts or finance important life events.

Digital & Online Banking

At Consumers, we understand that managing your finances should be as easy as possible. That's why our digital and online banking services are designed to bring you convenience and security right at your fingertips. With 24/7 access to your accounts through our online banking platform, you can check balances, pay bills, and transfer money anytime, anywhere. Our online banking services can be explored further at https://www.consumerscu.org/. You'll find a user-friendly interface that makes navigating your accounts a breeze. Whether you're checking your e-statements or setting up alerts for transactions, everything is just a click away. Speaking of e-statements, we offer them for members who prefer going paperless. It's not only eco-friendly but also keeps your financial documents organized and easily accessible. For those on the go, our mobile application is available, giving you the power of banking right in your pocket. You can use it to make mobile payments effortlessly or send money to friends and family with our person-to-person transfer feature perfect for splitting bills or sending gifts! Security is always top of mind at Consumers. While we currently do not support electronic signature authorization, rest assured that all transactions on our platform are protected with advanced security measures to keep your information safe. In summary, whether you're using our website or mobile app, managing your finances has never been easier or more secure. Join us at Consumers today and experience the ease of digital banking!

Financial Strength

At Consumers, 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 understand that your trust is built on the strength of our financial foundation, and we're proud to share some key insights that highlight our reliability. 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. 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. 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. Additionally, with $39,075 in used auto loans and $2,091,705,346 in total loans and leases, our lending capacity supports members' financial goals 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. 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. Total Share and Deposit Accounts: 308,686, showing a strong and growing 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, Consumers is your trusted partner. Visit us at 1900 S Drake Rd Kalamazoo Mi 49006 or call (269) 345-7804 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. Whether you're looking for financing for a brand-new vehicle or a reliable used car, we've got options that work for you.

Business Loans

For business owners, our outstanding commercial loans totaling $265,279,836 provide the capital needed to grow and expand. We recognize the importance of supporting local businesses and strive to offer competitive rates and terms to meet your needs.

Eligibility and Refinancing Options

If you're considering refinancing any existing loans or checking your eligibility for our products, we encourage you to reach out. Our team is dedicated to providing personalized assistance based on your unique financial situation. At Consumers Credit Union, we are committed to transparency and excellence in service. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan products today and see how we can help you take the next step toward achieving your financial aspirations!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $128,065,957, make buying or refinancing simple. We believe that everyone deserves a place to call home and are 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 benefits designed to suit your lifestyle while providing you with easy access to funds when you need them most.

Loan Aggregator

Accurate Loan 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). This commitment to using verified sources means users receive fair and transparent offers tailored to their needs.

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions, ensuring that users have access to trustworthy information. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results that reflect the best available options. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates across multiple institutions, enabling informed decision-making. 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!" 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.*

Consumers

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans