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Consumers Credit Union is a credit union founded in 1951 and is headquartered in Kalamazoo, Michigan.[1]
 | |
| Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Founded | 1951 in Kalamazoo, Michigan |
| Headquarters | Kalamazoo, Michigan , |
Number of locations | 22 |
| Total assets | $1.4 Billion (2021) |
| Members | 108,000 (2021) |
| Website | consumerscu |
History edit
Consumers Credit Union was founded in 1951 under the name Kalamazoo Consumers Power Company (KCPC) Employees Federal Credit Union, a credit union for employees of Consumers Energy.[2][3] Consumers became a state-chartered credit union in 1964 and its services grew to include employees of the Palisades nuclear power plant in Covert, Michigan.[4]
The name changed in 1987 to its current Consumers Credit Union.[5] In 1988, they began allowing employees of companies located in the city of Kalamazoo to become members.[4]
In 2017, Consumers Credit Union moved their headquarters into The Groves Engineering Business Technology Park in Kalamazoo.[1]
Awards and recognition edit
| Year(s) | Organization | Award |
|---|---|---|
| 2007-2020 | National Association for Business Resources | 101 Best & Brightest West Michigan Companies List[6] |
| 2013-2017 | National Association for Business Resources | National 101 Best & Brightest Companies List[7][8] |
| 2017-2018 | MiBiz | Top Michigan Credit Union List[9] |
| 2018 | S&P Global Market Intelligence | Best-Performing Community Banks and Credit Unions List[10] |
| 2020 | Credit Union Journal | Best Credit Union to Work For in the U.S.[11] |
References edit
- ^ a b Watson, Rachel (5 January 2018). "Credit union moves into new headquarters". Grand Rapids Business Journal. Retrieved 20 August 2018.
- ^ Kalamazoo Gazette staff (20 July 2010). "Consumers Credit Union says new Kalamazoo location is a perfect fit". MLive. Retrieved 20 August 2018.
- ^ Jones, Al (23 July 2012). "Consumers Credit Union grows; will dedicate two new branches". MLive. Retrieved 20 August 2018.
- ^ a b Harger, Jim (14 February 2014). "Kalamazoo credit union moving into Kent County with plans for two new branches". MLive. Retrieved 20 August 2018.
- ^ "Company Overview of Consumers Credit Union". Bloomberg. Retrieved 20 August 2018.
- ^ "West Michigan's Best and Brightest Companies to Work For". March 2018. Retrieved 8 February 2021.
- ^ "2016 best and Brightest Companies to Work for in the Nation". Best and Brightest. 8 January 2016. Retrieved 25 September 2018.
- ^ "Best and Brightest Companies to Work for in the Nation 2017" (PDF). Best and Brightest. Retrieved 25 September 2018.
- ^ "Top Credit Unions" (PDF). MiBiz. 11 November 2013. Retrieved 25 September 2018.
- ^ "2018 Credit Union Rankings". SP Global. Retrieved 18 December 2019.
- ^ King, W.B. (20 September 2020). "The Best Credit Unions to Work For". American Banker. American Banker. Retrieved 8 February 2021.