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Consumers Credit Union is a credit union founded in 1951 and is headquartered in Kalamazoo, Michigan.[2]
 | |
| Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Founded | 1951 in Kalamazoo, Michigan |
| Headquarters | Kalamazoo, Michigan , |
Number of locations | 29[1] |
| Total assets | $2.3 Billion[1] (2024) |
| Members | 140,122[1] (2024) |
| Website | consumerscu |
History
editConsumers 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.[3][4] 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.[5]
The name changed in 1987 to its current Consumers Credit Union.[6] In 1988, they began allowing employees of companies located in the city of Kalamazoo to become members.[5]
In 2017, Consumers Credit Union moved their headquarters into The Groves Engineering Business Technology Park in Kalamazoo.[2] On July 2, 2022, Scott Sylvester became CEO of Consumers Credit Union.[7]
References
edit- ^ a b c "Consumers CU (MI)". DepositAccounts. Retrieved 1 October 2024.
- ^ 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.
- ^ Sanchez, Mark (28 July 2022). "Sylvester takes over Consumers Credit Union after longtime CEO retires". Crains Grand Rapids. Retrieved 13 September 2024.