West Michigan Credit Union

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A short history of West Michigan CU

Since its inception in 1956 the West Michigan 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 William Keim, the West Michigan CU has grown its membership to over 16,477 with assets of more than $161,164,458. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (616) 451-4567 or email them at wmicu@wmicu.org 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 West Michigan CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62347
Address 1319 FRONT AVE NW 
State Michigan 
Zip-Code 49504
Phone Number (616) 451-4567
Fax Number (616) 451-8850
Email Address: wmicu@wmicu.org
CEO/President William Keim
Members 16,477 
Full-Time Employees 38 
Part-Time Employees 14 
Number of Branch Offices
Total Assets 161,164,458 
Website http://www.wmicu.org 

Compare West Michigan Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Aac CU Standale 177 Wilson Ave NW 49534 (616) 288-0288 No 1.67
Meijer CU Branch - Rockford 2745 10 Mile Rd NE Ste H 49341 (616) 784-7822 No 2.26
Fedcom CU Jenison Office 7565 Cottonwood Dr 49428 (616) 364-7283 No 2.43
Kent County CU South Branch 901 Gezon PKWY SW 49505 (616) 531-7865 No 2.75
Latvian Heritage CU Latvian Heritage Federal Credit Union Detroit Office 30623 W 12 Mile Rd 48334 (248) 477-5955 No 3.05

West Michigan Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

West Michigan 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 12.50 3.65 5.55 3.25 7.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 434 228 391 44 431
Rank Among All Michigan Credit Unions 75 69 97 2 84

West Michigan Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.20 0.30 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 N/A 129 114 302 259
Rank Among All Michigan Credit Unions N/A 16 25 70 56
West Michigan Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.5001,9242,185,572
All Other Unsecured Loans/Lines of Credit 11.4005,0509,872,348
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.6501,41919,577,422
Used Vehicle Loans 5.5501,1147,481,209
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.25030619,428,585
Total Other Real Estate Loans/Lines of Credit 7.000831,645,933
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.40096416,348,806
TOTAL LOANS & LEASES 10,86076,539,875

West Michigan 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 748,835,444263,398,279
    b. 15 Years or less 20610,310,357211,400,525
    a. > 15 years 1224,18000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 2558,60400
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 721,567,04617466,050
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1178,88700
Open-End Fixed Rate 0000
TOTALS 38921,074,518645,264,854


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

West Michigan 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