Institution Profile
Address: P.O. BOX 895 Grand Rapids, MI 49518
(616) 243-0125
Website:
NCUA Profile:
Charter Date:
1/1/1936
Charter Type:
State
Branches:
10
Branches by Region
MI 10
Financial Overview
Total Assets
$629.03M
Total Deposits
$545.66M
Total Loans
$435.59M
Members
38,379
Employees
166 161 Full-time / 5 Part-time
Allowance for Loan Losses
$4.29M
Performance Ratios
Net Worth Ratio
11.61%
Loan-to-Deposit Ratio
79.83%
Coverage Ratio
0.99% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +70.01% Total Deposits: +81.21% Total Loans: +52.55% since 2020 Q1
Member Growth
Member Growth
Members: +26.49% since 2020 Q1
Employee Growth
Employee Growth
Employees: +43.10% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
4,329
Amount This Year (YTD)
$130.61M
Number of Loans per Quarter
Loans Granted: +39.92% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +15.94% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1st Mortgages
$147.64M 33.9%
Used Vehicle
$104.08M 23.9%
HELOCs
$60.26M 13.8%
CRE: Multifamily
$32.31M 7.4%
New Vehicle
$24.86M 5.7%
CRE: Non-Owner-Occupied
$24.75M 5.7%
Other Unsecured
$11.46M 2.6%
CRE: Owner-Occupied
$10.06M 2.3%
Credit Card
$8.95M 2.1%
Other Secured
$8.51M 2.0%
Commercial & Industrial
$2.39M 0.5%
Commercial Unsecured
$206,778 0.0%
Other Real Estate
$101,318 0.0%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 38,379 | $629.03M | $545.66M | $435.59M | 166 |
| 2025 Q3 | 43,596 | $627.65M | $542.48M | $425.76M | 167 |
| 2025 Q2 | 43,951 | $641.51M | $558.13M | $418.83M | 170 |
| 2025 Q1 | 44,386 | $646.39M | $564.00M | $414.97M | 170 |
| 2024 Q4 | 30,660 | $447.66M | $381.81M | $302.45M | 112 |
| 2024 Q3 | 30,787 | $436.10M | $371.20M | $295.62M | 114 |
| 2024 Q2 | 30,998 | $443.39M | $377.72M | $293.64M | 112 |
| 2024 Q1 | 31,419 | $448.15M | $384.29M | $290.86M | 115 |
| 2023 Q4 | 31,594 | $434.89M | $371.75M | $297.37M | 115 |
| 2023 Q3 | 31,866 | $425.04M | $366.45M | $299.49M | 114 |
| 2023 Q2 | 32,178 | $434.49M | $375.35M | $299.05M | 108 |
| 2023 Q1 | 32,568 | $440.57M | $382.81M | $306.53M | 116 |
| 2022 Q4 | 32,938 | $437.12M | $379.05M | $313.34M | 118 |
| 2022 Q3 | 33,249 | $439.31M | $383.33M | $311.93M | 117 |
| 2022 Q2 | 30,417 | $448.00M | $391.23M | $308.64M | 119 |
| 2022 Q1 | 30,625 | $449.44M | $392.89M | $300.75M | 115 |
| 2021 Q4 | 30,679 | $438.78M | $381.25M | $298.09M | 111 |
| 2021 Q3 | 30,817 | $439.12M | $374.07M | $296.07M | 113 |
| 2021 Q2 | 30,820 | $441.23M | $374.58M | $290.16M | 114 |
| 2021 Q1 | 30,805 | $447.99M | $377.95M | $285.70M | 117 |
| 2020 Q4 | 30,603 | $415.89M | $347.20M | $286.04M | 118 |
| 2020 Q3 | 30,626 | $397.41M | $331.02M | $290.98M | 117 |
| 2020 Q2 | 30,350 | $401.66M | $335.56M | $284.93M | 111 |
| 2020 Q1 | 30,341 | $369.99M | $301.12M | $285.54M | 116 |
Interest Rates
Current average rates by loan type
New Vehicle
6.99%
Used Vehicle
7.49%
1st Mortgage (Fixed)
6.63%
HELOC
7.25%
Credit Card
11.50%
Other Unsecured
11.50%