Charter 62347 · Grand Rapids, MI
Wmcu Credit Union
Wmcu Credit Union is a state-chartered credit union in Grand Rapids, Michigan, with $455 million in assets and 29,047 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 17.32%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Bloom Credit Union, a Division of WMCU, West Michigan Credit Union, a Division of WMCU.
- Total assets
- $455 million
- +1.6% in a year
- Members
- 29,047
- -6.7% in a year
- Net worth ratio
- 17.32%
- Peer median 11.65%
- Loans 60+ days late
- 0.92%
- Peer median 0.70%
- Loans outstanding
- $206 million
- -7.2% in a year
- Shares and deposits
- $373 million
- +1.0% in a year
- Branches
- 12
- 123 employees
- Opened
- 1956
- Michigan charter
How Wmcu Credit Union compares
NCUA groups credit unions by size; Wmcu Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 17.32% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.92%, is higher than the group median of 0.70%. Loans fell 7.2% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 50 of 169 credit unions headquartered in Michigan. See all Michigan credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $455 million | 29,047 | $206 million | 17.32% | 0.92% |
| Q1 2026 | $449 million | 29,196 | $207 million | 17.26% | 1.15% |
| Q4 2025 | $442 million | 29,677 | $213 million | 17.27% | 1.55% |
| Q3 2025 | $437 million | 30,411 | $219 million | 17.21% | 1.44% |
| Q2 2025 | $448 million | 31,117 | $222 million | 16.51% | 1.58% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 2.6 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 13 sites for Wmcu Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Grand Rapids
1319 Front Ave Nw, Grand Rapids, MI 49504 - Big Rapids Lobby
825 Division St, Big Rapids, MI 49307 - Big Rapids - Drive Thru
802 Division St, Big Rapids, MI 49307 - Reed City
4795 220Th Avenue, Reed City, MI 49677 - Cadillac
215 Bell Ave, Cadillac, MI 49601 - Manistee Office
316 Care Center Dr, Manistee, MI 49660 - Grand Rapids
201 36Th St Se, Grand Rapids, MI 49548 - Coopersville
1147 W Randall St, Coopersville, MI 49404 - Creston
1327 Plainfield Ave Ne, Grand Rapids, MI 49505 - Georgetown
2187 Port Sheldon St, Jenison, MI 49428 - Hall Street (main office)
401 Hall St Sw, Grand Rapids, MI 49503 - Meadowbrook
4833 Town Center Dr Se, Grand Rapids, MI 49512 - 28th Street
911 28Th Street Sw, Wyoming, MI 49509
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology