Gerber Federal Credit Union

  • +1

A short history of Gerber FCU

Since its inception in 1950 the Gerber Federal Credit Union has been serving its members in the FREMONT, 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 John Buckley, the Gerber FCU has grown its membership to over 13,334 with assets of more than $142,719,848. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (231) 924-4880 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 FREMONT, MI.

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

Charter Number 6832
Address PO BOX 116 
State Michigan 
Zip-Code 49412
Phone Number (231) 924-4880
Fax Number (231) 924-7181
Email Address:
CEO/President John Buckley
Members 13,334 
Full-Time Employees 39 
Part-Time Employees
Number of Branch Offices
Total Assets 142,719,848 
Website http://Gerberfcu.Com 

Compare Gerber Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Newaygo County Service Employees CU Newaygo County Service Employees Credit Union 115 S Stone Rd 49412 (231) 924-5510 No 2.23
Harborlight CU HarborLight CU 2151 Cogswell Dr 49461 (231) 894-5608 No 21.19
Michigan Coastal CU Michigan Coastal Credit Union 1086 Creston St 49442 (231) 777-3620 No 21.52
Best Financial CU Best Financial Credit Union 1888 E Sherman Blvd 49444 (231) 733-1329 No 22.49
Muskegon Co Op CU Laketon Avenue Branch 1920 E Laketon Ave 49442 (231) 773-4244 No 22.75

Gerber Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Gerber Federal 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 8.99 2.74 2.99 3.63 4.49
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 113 91 85 166
Rank Among All Michigan Credit Unions 25 27 23 13 30

Gerber Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.15 1.10 1.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 124 152 145
Rank Among All Michigan Credit Unions 15 16 28 28 24
Gerber Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9902,9068,415,462
All Other Unsecured Loans/Lines of Credit 11.2405421,029,282
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7401272,828,690
Used Vehicle Loans 2.9901,54515,128,859
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.63056935,727,977
Total Other Real Estate Loans/Lines of Credit 4.4902575,919,924
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 12.0002943,982,278
TOTAL LOANS & LEASES 6,24073,032,472

Gerber Federal 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 475,082,9701240,000
    b. 15 Years or less 42425,623,960241,479,200
    a. > 15 years 242,263,80600
    b. 15 Years or less 0000
Other Fixed Rate 3383,38700
Adjustable Rate 1 yr or less 712,373,8546376,500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1292,140,7448292,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1283,779,18014813,000
Open-End Fixed Rate 0000
TOTALS 82641,647,901533,200,700


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

Gerber Federal Credit Union Member Offerings
First Time Homebuyer Program No
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 No
Home Banking Via Internet Website Yes