Western Districts Members Credit Union

Social
  • +1

A short history of Western Districts Members CU

Since its inception in 1952 the Western Districts Members 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 David Keim, the Western Districts Members CU has grown its membership to over 3,274 with assets of more than $40,306,218. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (616) 241-2516 or email them at mycu@wdmcu.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 Western Districts Members CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62073
Address 201 36TH ST SE 
City GRAND RAPIDS 
State Michigan 
Zip-Code 49548
Phone Number (616) 241-2516
Fax Number (616) 241-4730
Email Address: mycu@wdmcu.org
CEO/President David Keim
Members 3,274 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 40,306,218 
Website http://www.wdmcu.org 

Compare Western Districts Members Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Gr Consumers CU GRCCU Main Office 3975 Clay Ave SW 49548 (616) 538-2810 No 1.91
Atl CU ATL Federal Credit Union 841 36th St SW 49509 (616) 257-4285 No 2.51
Adventure CU Alpine 3286 Alpine Ave NW 49544 (616) 243-0125 No 2.76
Kenowa Community CU Kenowa Community Federal CU 1905 28th Street St SW 49519 (616) 534-3307 No 3.86
Rivertown Community CU Rivertown Community FCU 3121 Macatawa Dr SW 49468 (616) 406-2480 No 4.20

Western Districts Members Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Western Districts Members 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 7.90 2.45 5.75 3.25 3.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 85 78 416 44 38
Rank Among All Michigan Credit Unions 10 15 100 2 3

Western Districts Members 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 0.90
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 129 114 302 171
Rank Among All Michigan Credit Unions N/A 16 25 70 30
Western Districts Members Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.900372773,780
All Other Unsecured Loans/Lines of Credit 15.0001,0702,025,911
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.45052760,136
Used Vehicle Loans 5.7504053,873,909
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.250625,277,962
Total Other Real Estate Loans/Lines of Credit 3.250611,923,239
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.5001211,602,620
TOTAL LOANS & LEASES 2,14316,237,557

Western Districts Members Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 323,134,8324581,100
    b. 15 Years or less 302,143,1302164,400
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 541,843,1977457,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 780,04200
Open-End Fixed Rate 0000
TOTALS 1237,201,201131,202,500

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Western Districts Members 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 No
Home Banking Via Internet Website Yes