WESTERN DISTRICTS MEMBERS CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.wdmcu.org for more information.
Sep, 30, 2025 — WESTERN DISTRICTS MEMBERS CREDIT UNION is a federally insured state chartered credit union headquartered in GRAND RAPIDS, MI with 2 branch locations and about $49.79 million in total assets. Opened 74 years ago in 1952, WESTERN DISTRICTS MEMBERS CREDIT UNION has about 2,701 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESTERN DISTRICTS MEMBERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 36TH ST SE GRAND RAPIDS, MI 49548-2213 |
| Phone: | (616) 241-2516 |
| Fax: | (616) 241-4730 |
| Website: | https://www.wdmcu.org |
| Branches: | 2 branch locations |
| Members: | 2,701 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62073 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Jul 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $49,793,376 |
| CEO/Manager: | David T Keim |
| Chairperson: | David A Zawacki |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,426,820 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,509,319 |
| Unsecured Loans | 2,585,048 |
| Other Loans | 3,657,685 |
| TOTAL LOANS | 13,752,052 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,776 |
| Land And Building | 128,372 |
| Other Fixed Assets | 24,421 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 362,507 |
| All Other Assets | 0 |
| TOTAL ASSETS | 49,793,376 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 472 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 223,238 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,278,549 |
| Regular shares | 20,900,051 |
| All Other Shares & Deposits | 16,144,390 |
| TOTAL SHARES & DEPOSITS | 43,322,990 |
| TOTAL LIABILITIES | 43,546,700 |
| Regular Reserve | 0 |
| Other Reserves | -377,998 |
| Undivided Earnings | 6,624,674 |
| TOTAL EQUITY | 6,246,676 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 49,793,376 |
| INCOME & EXPENSE | |
| Loan Income | 189,665 |
| Investment Income | 71,976 |
| Other Income | 45,584 |
| Total Employee Compensation & Benefits | 357,361 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 330,602 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 26,108 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -359,922 |
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