Aac Credit Union

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A short history of Aac CU

Since its inception in 1937 the Aac Credit Union has been serving its members in the Grand Rapids, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Brian Turmell, the Aac CU has grown its membership to over 14,933 with assets of more than $139,375,384. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (616) 288-0288 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Grand Rapids, MI.

General Information For Aac CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62217
Address 177 Wilson Ave NW 
City Grand Rapids 
State Michigan 
Zip-Code 49534
Phone Number (616) 288-0288
Fax Number (616) 735-4919
Email Address: none
CEO/President Brian Turmell
Members 14,933 
Full-Time Employees 33 
Part-Time Employees 14 
Number of Branch Offices
Total Assets 139,375,384 
Website http://aaccreditunion.org 

Compare Aac Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
First United CU First United Credit Union 3140 Ivanrest Ave SW 49418 (616) 532-9067 No 5.00
My Personal CU Wyoming 1414 Burton St SW 49509 (616) 452-2161 No 5.38
Meijer CU Branch - Rockford 2745 10 Mile Rd NE Ste H 49341 (616) 784-7822 No 5.50
Kenowa Community CU Kenowa Community Federal CU 1905 28th Street St SW 49519 (616) 534-3307 No 5.89
West Michigan CU Cadillac 215 Bell Ave 49601 (231) 775-0145 No 5.95

Aac Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Aac Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.95 2.75 2.95 3.75 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 87 115 88 102 168
Rank Among All Michigan Credit Unions 11 28 22 17 31

Aac Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 3.00 0.20 0.25 1.25 1.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 7 108 105 126 94
Rank Among All Michigan Credit Unions 3 11 21 21 12
Aac Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.9502,2706,562,937
All Other Unsecured Loans/Lines of Credit 11.9002,1783,044,069
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.500762,161,026
New Vehicle Loans 2.7503465,552,764
Used Vehicle Loans 2.9503,31931,526,699
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.75069730,953,139
Total Other Real Estate Loans/Lines of Credit 4.5001864,630,033
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.5003605,046,319
TOTAL LOANS & LEASES 9,43289,476,986

Aac Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 46822,448,569648,177,784
    b. 15 Years or less 2298,504,570161,683,750
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1012,749,54818644,800
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 851,880,48513542,163
Open-End Fixed Rate 0000
TOTALS 88335,583,17211111,048,497


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Aac Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes