Consumers Credit Union

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A short history of Consumers CU

Since its inception in 1964 the Consumers Credit Union has been serving its members in the OSHTEMO, 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 Kit Snyder, the Consumers CU has grown its membership to over 84,003 with assets of more than $905,883,758. They have a main office and 20 branch offices. Please see the credit unions website or contact them by phone at (269) 345-7804 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OSHTEMO, MI.

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

Charter Number 62172
Address P.O. BOX 525 
State Michigan 
Zip-Code 49077
Phone Number (269) 345-7804
Fax Number (269) 345-1648
Email Address:
CEO/President Kit Snyder
Members 84,003 
Full-Time Employees 267 
Part-Time Employees 13 
Number of Branch Offices 20 
Total Assets 905,883,758 

Compare Consumers Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Arbor Financial CU Gull Road 5991 Gull Rd 49048 (269) 383-2844 No 1.43
Tower Family CU Main Office 3302 Mindi Ln 49007 (269) 344-8525 No 5.29
Community Promise CU Main Office 1313 Portage St 49003 (269) 459-1777 No 5.67
Kalsee CU Battle Creek Branch 1585 W Dickman Rd 49003 (269) 962-1224 No 7.06
Kalamazoo Building Trades CU main 2650 Millcork St 49001 (269) 382-5966 No 7.84

Consumers Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Consumers 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 9.99 3.66 4.63 4.35 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 230 282 186 200
Rank Among All Michigan Credit Unions 42 70 72 50 39

Consumers Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.20 1.70 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 114 67 227
Rank Among All Michigan Credit Unions N/A 11 25 9 48
Consumers Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.99017,92738,094,205
All Other Unsecured Loans/Lines of Credit 12.2902,2329,388,064
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.6604,32697,357,693
Used Vehicle Loans 4.63020,447263,786,449
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3502,210270,835,292
Total Other Real Estate Loans/Lines of Credit 4.7502,85869,946,148
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.46014,41643,803,662
TOTAL LOANS & LEASES 64,416793,211,513

Consumers 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 1,463167,949,4867711,552,734
    b. 15 Years or less 48046,384,861357,270,984
    a. > 15 years 0000
    b. 15 Years or less 24754,634,8132116,552,503
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 201,866,13200


Closed-End Fixed Rate 1,03828,601,8861597,037,207
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,82041,344,2621507,939,428
Open-End Fixed Rate 0000
TOTALS 5,068340,781,44044250,352,856


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 1,11333,290,4419,004,428
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Consumers Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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