![]() | This article contains promotional content .(February 2021) |
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Company type | Credit Union |
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Industry | Financial services |
Founded | 1951Kalamazoo, Michigan | in
Headquarters | Kalamazoo, Michigan , United States |
Number of locations | 29 [1] |
Total assets | $2.3 Billion [1] (2024) |
Members | 140,122 [1] (2024) |
Website | consumerscu |
Consumers Credit Union is a credit union founded in 1951 and is headquartered in Kalamazoo, Michigan. [2]
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. [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]