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Multiethnic Group of Friends in a Circle


Preferred Credit Union is a full service financial institution helping to serve the needs of those who work and live in our community. As your Preferred Financial Partner, our goal is to provide great member service while helping you save time and money on the products and services you need.

Our Story

Preferred Credit Union was organized by the Michigan Credit Union League in September, 1968 as a means to provide credit union service to small employer groups that were not large enough to form their own credit union, and to provide credit union service to individuals who did not have credit union membership available to them. All members then were required to join the Grand Valley Co-Optical Service to meet the field of membership requirements.

Preferred Credit Union was the original community based credit union in the Grand Rapids area. As the demand for community credit union service increased, we expanded into the Kalamazoo area, then to Ludington and Hastings and most recently in Greenville and Belding.

Mission Statement

The purpose of Preferred Credit Union is to provide to all its members equally, a sound, fair, value-conscious and friendly source of financial service that can assist and enhance their economic well-being.