Westacres Credit Union

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A short history of Westacres CU

Since its inception in 1936 the Westacres Credit Union has been serving its members in the WEST BLOOMFIELD, 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 Heather Milz, the Westacres CU has grown its membership to over 700 with assets of more than $7,260,895. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (248) 363-4376 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 WEST BLOOMFIELD, MI.

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

Charter Number 62316
State Michigan 
Zip-Code 48324
Phone Number (248) 363-4376
Fax Number (248) 363-2988
Email Address: none
CEO/President Heather Milz
Members 700 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 7,260,895 

Compare Westacres Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Metro North CU Waterford 4594 Pontiac Lake Rd 48328 (248) 674-0491 No 3.96
Oakland County CU Oxford Branch 968 N Lapeer Rd 48371 (248) 628-2928 No 4.89
Walled Lake School Employees CU Main 3095 S Commerce Rd 48390 (248) 624-5222 No 5.07
Michigan Legacy CU Flat Rock Branch 22855 Gibraltar Rd 48134 (734) 379-9125 No 5.64
Community Choice CU Community Choice Credit Union 25555 W Warren St 48127 (313) 563-8200 No 6.13

Westacres Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Westacres 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 N/A 4.00 6.00 3.75 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 282 443 102 229
Rank Among All Michigan Credit Unions N/A 84 106 17 49

Westacres Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.33 N/A N/A N/A
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 85 N/A N/A N/A
Rank Among All Michigan Credit Unions N/A 8 N/A N/A N/A
Westacres Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.0001924,686
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.0009107,706
Used Vehicle Loans 6.00015139,566
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.750181,514,504
Total Other Real Estate Loans/Lines of Credit 5.000142,327
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.000854,880
TOTAL LOANS & LEASES 701,883,669

Westacres 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 0000
    b. 15 Years or less 5390,32200
    a. > 15 years 111,012,39200
    b. 15 Years or less 2111,79000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 142,32700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 191,556,83100


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

Westacres 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 No
Overdraft Lines of Credit No
ATM/Debit Card Program No
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website No