Western Districts Members Credit Union


Our records indicate that this credit union has been acquired by WEST MICHIGAN.


Headquarters

201 36th St Se
Grand Rapids, MI 49548
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Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Western Districts Members is an NCUA insured institution located in Grand Rapids, MI. It was founded in 1952 and has approximately $49.79 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 62073
Date Established 1952
Assets $49.79 million
Loans $13.75 million
Deposits $43.32 million
Capital $6.62 million
 

Deposit Rates - April 18, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Western Districts Members

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Loan Rates - April 18, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Western Districts Members

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

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NMLS ID: 3030
7.350% 7.250% 1.00 $3,200 $2,183 Learn More
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NMLS ID: 491986
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MortgageResearch.com
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FHAloans.com
NMLS ID: Not a Lender
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Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Western Districts Members
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Branches

Below are Western Districts Members branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Western Districts Members Locations



Climate Policy and Initiatives

WESTERN DISTRICTS MEMBERS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Western Districts Members Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Western Districts Members. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Western Districts Members U.S. Average
0.09% 6.97

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2023, Western Districts Members had $5,851 in non-current loans and $0 in owned assets. To cover these potential losses it had $6,624,674 in net worth and $44,776 in loans loss reserves. That gives it a Texas Ratio of 0.09%.

Net Worth
Western Districts Members U.S. Average
13.3% 13.62%

Western Districts Members FCU has a net worth of 13.3% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Western Districts Members

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