Meijer Credit Union

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A short history of Meijer CU

Since its inception in 1958 the Meijer 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 Cathleen Ellis, the Meijer CU has grown its membership to over 11,248 with assets of more than $65,339,343. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (616) 784-4822 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 GRAND RAPIDS, MI.

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

Charter Number 62393
Address 2410 GAYNOR AVE NW, PO BOX 141607 
State Michigan 
Zip-Code 49514
Phone Number (616) 784-4822
Fax Number (616) 784-3442
Email Address:
CEO/President Cathleen Ellis
Members 11,248 
Full-Time Employees 29 
Part-Time Employees
Number of Branch Offices
Total Assets 65,339,343 

Compare Meijer Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Latvian Heritage CU Latvian Heritage Federal Credit Union Detroit Office 30623 W 12 Mile Rd 48334 (248) 477-5955 No 1.07
Aac CU Standale 177 Wilson Ave NW 49534 (616) 288-0288 No 1.28
West Michigan CU Cadillac 215 Bell Ave 49601 (231) 775-0145 No 1.69
Kent County CU South Branch 901 Gezon PKWY SW 49505 (616) 531-7865 No 2.02
Fedcom CU Jenison Office 7565 Cottonwood Dr 49428 (616) 364-7283 No 2.22

Meijer Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Meijer 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 4.82 8.37 4.49 4.78
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 377 654 204 203
Rank Among All Michigan Credit Unions 42 105 129 59 40

Meijer Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 0.40 1.98 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 76 41 259
Rank Among All Michigan Credit Unions 13 11 11 3 56
Meijer Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9909011,701,567
All Other Unsecured Loans/Lines of Credit 11.8901,1253,006,626
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.8201292,381,951
Used Vehicle Loans 8.3701,50014,625,264
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.49014315,336,396
Total Other Real Estate Loans/Lines of Credit 4.7802415,436,658
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.7801531,505,764
TOTAL LOANS & LEASES 4,19243,994,226

Meijer 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 424,750,9856783,791
    b. 15 Years or less 392,616,4605612,600
    a. > 15 years 536,727,655121,383,474
    b. 15 Years or less 71,152,5941199,950
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 150,54500
Adjustable Rate > 1 yr 138,15700


Closed-End Fixed Rate 671,992,53217623,700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1743,444,12623746,595
Open-End Fixed Rate 0000
TOTALS 38420,773,054644,350,110


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

Meijer 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