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

Introduction

Welcome to Consumers, your trusted financial partner located in the heart of Kalamazoo at 125 S Kalamazoo Mall Ste 104, MI 49007. Established in 1964, we have proudly served our community for nearly six decades, building a strong membership base of over 142,950 individuals and families. With total assets exceeding $2.38 billion, we are committed to providing our members with exceptional service and a wide range of financial products tailored to meet their unique needs. At Consumers, we understand that trust is earned through reliability and transparency. That's why we offer various services, including personal banking, auto loans, mortgages, and business banking solutions. Our total deposits stand at $65,993,314, reflecting the confidence our members place in us. We also boast an impressive total loan portfolio with 87,715 loans and leases, ensuring that we can assist you whether you're looking to buy a new car or invest in your home. While you can visit us directly at our branch location for personalized assistance, please note that official correspondence should be sent to the same address. Under the leadership of CEO Scott Sylvester and Board President Kim Shook, our dedicated team of 431 employees is here to ensure you receive top-notch support every step of the way. If you're seeking a credit union that prioritizes community impact while delivering competitive financial solutions, look no further than Consumers. We invite you to explore what we offer by visiting our website at consumerscu.org or calling us at 269-345-7804 today!

Branch History & Mission

At Consumers Credit Union, we believe that a strong community is built on trust, support, and shared success. Since opening our doors in 1964 in the heart of Kalamazoo, Michigan, at 125 S Kalamazoo Mall Ste 104, we have been dedicated to serving our members and enriching the local community. With over 142,950 members and assets totaling more than $2.38 billion, our journey has been one of growth, commitment, and unwavering support for those we serve. Our mission is simple yet profound: to empower individuals and families through accessible financial services while fostering a sense of belonging. We strive to provide personal banking options that cater to every need whether it's a checking account, auto loan, mortgage refinancing, or credit card with rewards. Our focus extends beyond just banking; we aim to uplift our community by partnering with local organizations and supporting initiatives that make a difference. Over the years, we've embraced advancements in technology to enhance the member experience. From online and mobile banking to secure ATM services available right here in Kalamazoo, we ensure that our members can manage their finances conveniently and efficiently. While we currently do not offer drive-thru service or shared service centers, we remain committed to providing top-notch service during our lobby hours: Monday through Wednesday from 9 a.m. to 5:30 p.m., and Thursday through Friday from 9 a.m. to 6 p.m. Our roots are firmly planted in Kalamazoo County, where we have become an integral part of the community fabric. We understand that financial well-being is about more than just numbers; it's about building relationships and contributing positively to our surroundings. As we look ahead, we remain focused on our goal of making a meaningful impact while ensuring that every member feels valued. For any official correspondence, please use our mailing address: 125 S Kalamazoo Mall Ste 104, Kalamazoo, MI 49007. Join us at Consumers Credit Union as we continue this journey together where your financial goals meet community spirit! If you're ready to experience personalized banking with heart, visit us today or call us at 269-345-7804. Let's build a brighter future together!

Branch Location & Accessibility

Get in Touch!

If you have any questions or need assistance, don't hesitate to call us at 269-345-7804. We look forward to welcoming you at Consumers Credit Union in Kalamazoo! Come by today and discover how we can help make your financial journey smoother.

Operating Hours

We are here for you Monday through Wednesday from 9 a.m. to 5:30 p.m., and on Thursday and Friday from 9 a.m. to 6 p.m. Our friendly team is ready to assist you during these hours with any banking needs you may have.

Parking & Accessibility

At Consumers Credit Union, we understand that accessibility is key. Our branch offers convenient parking options nearby, so you won't have to worry about finding a spot. The building is fully ADA compliant, featuring ramps and accessible entrances to ensure everyone can easily access our services.

Services Offered

At our Downtown branch, we provide a wide array of services tailored just for you! From personal banking options like checking and savings accounts to auto loans and credit cards with rewards there's something for everyone. We also offer online and mobile banking services for those who prefer managing their finances on-the-go. Plus, with ATM availability on-site, accessing cash has never been easier!

Member Eligibility

Becoming a member of Consumers feels like joining a close-knit community where your financial well-being matters. If you're looking to enjoy personalized services and supportive banking options, you're in the right place! To become a member, you just need to meet a few friendly eligibility criteria. Typically, residents of our local area or those who work here can join us. It's all about connecting with people who share similar values and goals. Opening an account is straightforward and welcoming just visit us at 125 S Kalamazoo Mall Ste 104 Kalamazoo Mi 49007 or give us a call at (269) 345-7804 for more details. You can also check out the specifics on our eligibility criteria by visiting . We're excited to have you as part of our family at Consumers, where we prioritize your financial journey and offer an array of services tailored just for you!

Business Banking & Commercial Services

Merchant Services That Make a Difference

Imagine running your business without worrying about payment processing. Our merchant services offer easy and secure ways for you to accept payments, allowing you to focus on what matters most: your customers. From point-of-sale systems to online transactions, we provide the tools that help streamline your operations. Visit us at 125 S Kalamazoo Mall Ste 104 Kalamazoo Mi 49007 in Kalamazoo, MI, or give us a call at (269) 345-7804 to learn how we can partner with you for success!

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

Community Commitment

At Consumers, we strive to serve not just as a financial institution but as a vital part of our community in Kalamazoo. Our branch is open Monday through Wednesday from 9 a.m. to 5:30 p.m., and Thursday through Friday until 6 p.m., allowing flexibility for all your banking needs. If you have questions or want to learn more about how we can assist you, feel free to reach out at 269-345-7804 or visit us at 125 S Kalamazoo Mall Ste 104, Kalamazoo, MI 49007. Join us at Consumers, where your financial journey is supported every step of the way!

Credit Cards and Business Banking

For members who enjoy rewards, our credit cards with rewards make every purchase more rewarding. They are perfect for those who want to earn points while managing everyday expenses. On the business side, we cater to local entrepreneurs with our business banking services, which include merchant services and business loans. These services are designed to support growth and enhance cash flow for businesses in our community.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking platforms. With these features, you can manage your accounts anytime, anywhere whether you're checking balances or transferring funds. Our ATM services ensure that cash withdrawals are easy and accessible as well.

Personal Banking Solutions

One of our primary offerings is personal banking, where members can choose from various checking and savings accounts designed to fit their lifestyle. For those considering purchasing a new car or refinancing an existing vehicle, our auto loans and vehicle financing options are flexible and competitive, making it easier for you to hit the road. We also understand that homeownership is a major goal for many. That's why we offer mortgage loans and refinancing solutions to help you secure the best rates possible. If you find yourself needing extra funds for unexpected expenses or planning a big purchase, our personal loans and debt consolidation services can provide relief and simplify your financial management.

Digital & Online Banking

Key Features

With features like person-to-person transfers, sending money to friends and family has never been simpler. You can quickly share funds without needing cash or checks. Plus, if you prefer going paperless, our e-statements feature allows you to receive your account statements electronically saving trees while keeping your information secure. If you enjoy the convenience of mobile payments, you'll be pleased to know that our services include options for quick and easy transactions from your smartphone. And with our electronic signature authorization process not currently available, rest assured that we prioritize security in every aspect of our digital offerings. For more details about what we offer and how to get started, visit us at https://www.consumerscu.org/. At Consumers, we're committed to providing accessible and efficient banking solutions tailored just for you. Your financial management is just a click away!

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 lending capacity is impressive as well with $39,075 in used auto loans and $2,091,705,346 in total loans and leases supporting our members' financial goals across various sectors.

Growing Member Base

The trust placed in us is reflected in our total share accounts: 308,686, showing a strong and growing member base that counts on us for their financial 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 125 S Kalamazoo Mall Ste 104 Kalamazoo Mi 49007 or call (269) 345-7804 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

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 operational efficiency shines through with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 418 full-time employees and 13 part-time employees who 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. We have already issued over $644,590,085 in used vehicle loans and $178,224,989 in new vehicle loans, helping many members get on the road with ease. We provide flexible terms and competitive interest rates to suit your budget.

Credit Lines and Personal Loans

If you need access to funds for unexpected expenses or projects around the house, consider our credit lines totaling $661,509,863. These lines give you the flexibility to borrow what you need when you need it. For those who want a straightforward approach to borrowing without collateral requirements, our personal loan options are also available.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple and straightforward. We offer Junior Lien 1-4 Family Residential Properties loans totaling $128,065,957. Whether you're purchasing your first home or looking to refinance your current mortgage, we're here to assist you every step of the way.

Refinancing Options

If you're considering refinancing any existing loans whether it's an auto loan or mortgage please ask us about eligibility options! We aim to provide solutions that fit your financial situation and help reduce your monthly payments when possible. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Consumers, we're committed to providing tailored solutions that empower our members financially. Stop by our branch today or call us at 269-345-7804 to learn more about how we can assist you with your borrowing needs!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans. With a total of $42,872,491 in loans available, our credit cards can help you manage your finances effectively without the worry of collateral.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Loan Comparisons

LendMesh ensures 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 commitment to using only verified information guarantees that users receive fair and transparent offers.

Consumers

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans