Sep, 30, 2025 — MEIJER CREDIT UNION is a federally insured state chartered credit union headquartered in GRAND RAPIDS, MI with 3 branch locations and about $112.10 million in total assets. Opened 68 years ago in 1958, MEIJER CREDIT UNION has about 15,118 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEIJER CREDIT UNION |
|---|---|
| Address: (Main Office) | 2410 Gaynor Ave NW GRAND RAPIDS, MI 49544-1830 |
| Phone: | (616) 784-4822 |
| Fax: | (616) 784-3442 |
| Website: | https://www.meijercreditunion.com |
| Branches: | 3 branch locations |
| Members: | 15,118 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62393 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $112,100,932 |
| CEO/Manager: | Matthew Yanoschik |
| Chairperson: | Tom Riddle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,312,871 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 44,876,960 |
| Unsecured Loans | 6,394,525 |
| Other Loans | 31,918,755 |
| TOTAL LOANS | 83,190,240 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -342,026 |
| Land And Building | 779,153 |
| Other Fixed Assets | 71,518 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 920,624 |
| All Other Assets | 0 |
| TOTAL ASSETS | 112,100,932 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 196,587 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,836,579 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,908,043 |
| Regular shares | 56,859,464 |
| All Other Shares & Deposits | 24,454,814 |
| TOTAL SHARES & DEPOSITS | 99,222,321 |
| TOTAL LIABILITIES | 101,255,487 |
| Regular Reserve | 0 |
| Other Reserves | -161,994 |
| Undivided Earnings | 11,007,439 |
| TOTAL EQUITY | 10,845,445 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 112,100,932 |
| INCOME & EXPENSE | |
| Loan Income | 4,195,540 |
| Investment Income | 722,240 |
| Other Income | 1,096,608 |
| Total Employee Compensation & Benefits | 2,213,056 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,944,294 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 212,168 |
| Cost of Funds | 1,397,870 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 976,010 |
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