GR CONSUMERS Credit Union Profile

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GR CONSUMERS

Charter #68332 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (616) 538-2810

Fax: (616) 538-2448

Founding Date: N/A

Website: http://www.grccu.com

Personnel & Operations

President: Welbon, Rex

Manager: Velthouse, Amber

FT Employees: 10

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: Monday, Wednesday - Friday 9:00-5:30 Tuesd

Credit Union Profile Summary

GR CONSUMERS is a FISCU Credit Union. With a total of 2,822 members [1], this institution manages approximately $49,978,996 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 16.58% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.58% [1].

Financial Snapshot

Total Assets [1]
$49,978,996

Total economic resources.

Total Loans [1]
$24,013,812

Total value of outstanding loans.

Total Deposits [1]
$41,096,548

Total funds deposited by members.

Members [1]
2,822

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.58%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.48%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
58.43%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 1.84%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 2.58%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -1.74%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1073 Gezon Pkwy SW

Wyoming, MI, 49509-9542
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by GR CONSUMERS (Charter #68332).

Main Office

GRCCU Main Office Main Office

Type: Corporate Office

3975 Clay Ave SW

Wyoming, MI 49548

Phone: (616) 538-2810

Services: Member Services, ATM, Drive-Thru

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Additional Branches

West Olive

GRCCU - Campbell Branch

Type: Branch Office

17010 Croswell St

West Olive, MI 49460-9748

Phone: (616) 738-3432

Services: ATM

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