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Preferred Credit Union

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Preferred Credit Union Rates & Review November 2026

Q: What are the current interest rates at Preferred Credit Union?

Current rates for Preferred Credit Union include: 12-Month CD: 2.58%, 24-Month CD: 2.73%, 60-Month CD: 3.30%, Savings: 1.00%

Q: What CD terms does Preferred Credit Union offer?

Preferred Credit Union CD rates are 3.75% APY for an 8 month CD, 2.58% APY for a 12 month CD, 2.73% APY for a 2 year CD, 3.85% APY for a 25 month CD, 3.04% APY for a 3 year CD, 3.30% APY for a 4 year CD and 3.40% APY for a 5 year CD, verified by MonitorBankRates as of October 29, 2026. The institution may offer other terms or specials that are not listed here, so check with Preferred Credit Union for its full lineup.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 29, 2026

Preferred Credit Union's 25 Month CD rates are at 3.85%, 8 Month CD rates are at 3.75%, 60 Month Regular CD rates are at 3.40%, 48 Month Regular CD rates are at 3.30%, 36 Month Regular CD rates are at 3.04%. Preferred Credit Union's savings rates are at 1.00%. Preferred Credit Union's checking rates are as high as 0.45%. Preferred Credit Union's The Preferred Mortgage rates are at 6.74%. Preferred Credit Union's Personal Loan Rates are as low as 9.99%. Preferred Credit Union's Credit Card Rates are at 9.99%. Preferred Credit Union's CD rates are 16% higher than the MonitorBankRates national average, and it has an A+ health rating. MonitorBankRates evaluates the financial stability of Preferred Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.25%. Rates last updated and verified on 10/29/2026.

Preferred Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Preferred Credit Union? Share your experience about Preferred Credit Union by leaving a review below, or read customer reviews before you decide to use Preferred Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.25%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Preferred Credit Union
Grand Rapids

3767 Sparks Dr SE
Grand Rapids, MI 49546

https://www.preferredcu.org

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Preferred Credit Union CD Rates

Product	Rate	APY	Term
25 Month CD	-	3.85%	25 Month
Min Balance $1,000 Details CD Special; regular or IRA money, no institution or public money Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 3.85% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
8 Month CD	-	3.75%	8 Month
Min Balance $1,000 Details CD Special; regular or IRA money, no institution or public money Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 3.75% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
60 Month IRA CD	-	3.50%	60 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.50% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
60 Month Regular CD	-	3.40%	60 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.40% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
48 Month IRA CD	-	3.39%	48 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.39% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
60 Month IRA CD	-	3.39%	60 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.39% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
48 Month Regular CD	-	3.30%	48 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.30% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
60 Month Regular CD	-	3.30%	60 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.30% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
48 Month IRA CD	-	3.29%	48 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.29% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
48 Month Regular CD	-	3.20%	48 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.20% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
36 Month IRA CD	-	3.14%	36 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.14% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
36 Month Regular CD	-	3.04%	36 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.04% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
30 Month IRA CD	-	3.03%	30 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.03% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
36 Month IRA CD	-	3.03%	36 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 3.03% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
36 Month Regular CD	-	2.94%	36 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.94% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
24 Month IRA CD	-	2.93%	24 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.93% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
30 Month IRA CD	-	2.93%	30 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.93% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
30 Month Regular CD	-	2.93%	30 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.93% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
24 Month Regular CD	-	2.84%	24 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.84% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
24 Month IRA CD	-	2.83%	24 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.83% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
30 Month Regular CD	-	2.83%	30 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.83% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
12 Month IRA CD	-	2.78%	12 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.78% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
24 Month Regular CD	-	2.73%	24 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.73% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
12 Month IRA CD	-	2.68%	12 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.68% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
12 Month Regular CD	-	2.68%	12 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.68% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
9 Month IRA CD	-	2.63%	9 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.63% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
12 Month Regular CD	-	2.58%	12 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.58% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
6 Month IRA CD	-	2.58%	6 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.58% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
9 Month Regular CD	-	2.53%	9 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.53% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
9 Month IRA CD	-	2.52%	9 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.52% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
6 Month Regular CD	-	2.48%	6 Month
Min Balance $10,000 Details $10,000 or more Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.48% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
6 Month IRA CD	-	2.47%	6 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.47% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
9 Month Regular CD	-	2.43%	9 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.43% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
6 Month Regular CD	-	2.38%	6 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 13, 2026 · 2.38% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Savings Rates

Product	Rate	APY
Health Savings Account	-	1.00%
Min Balance $10,000 Details Balance: $10,000.00 and over Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Health Savings Account	-	0.75%
Min Balance $5,000 Details Balance: $5,000.00 - $9,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Health Savings Account	-	0.50%
Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.50% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
IRA Savings	-	0.30%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.30% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Health Savings Account	-	0.25%
Min Balance $100 Details Balance: $100.00 - $999.99 Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 0.25% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Christmas Club	-	0.20%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.20% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Vacation Club	-	0.20%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.20% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Share Savings Account	-	0.10%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Checking Rates

Product	Rate	APY
Premier Interest Checking	-	0.45%
Min Balance $1,500 Details Balance: $1,500.00 and over Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
50 Plus Interest Checking	-	0.35%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.35% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Direct Interest Checking	-	0.35%
No additional details. Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.35% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Premier Interest Checking	-	0.35%
Min Balance $0 Details Balance: $0.00 - $1,499.99 Last Updated 10/29/2026 Rate History No change since Sep 22, 2026 · 0.35% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Business Checking Rates

Product	Rate	APY
Business Interest Checking	-	0.45%
Min Balance $5,000 Details Balance: $5,000.00 and over Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Business Interest Checking	-	0.35%
Min Balance $0 Details Balance: $0.00 - $4,999.99 Last Updated 10/29/2026 Rate History No change since Sep 22, 2026 · 0.35% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Mortgage Rates

Product	Rate	Points	APR	Term
The Preferred Mortgage	-	-	6.74%	10 Year
Details As low as; Minimum loan amount $25,000; 1st Lien position only; additional discounts may apply Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 5.99% → 6.74% ▲ 0.75 pts · high 6.74% / low 5.99% Oct 2, 20266.74%▲ from 5.99% Sep 14, 20265.99%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
The Preferred Mortgage	-	-	6.99%	15 Year
Details As low as; Minimum loan amount $25,000; 1st Lien position only; additional discounts may apply Last Updated 10/29/2026 Rate History 1 change since Sep 18, 2026 · 6.24% → 6.99% ▲ 0.75 pts · high 6.99% / low 6.24% Oct 2, 20266.99%▲ from 6.24% Sep 18, 20266.24%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
The Preferred Mortgage	-	-	6.99%	20 Year
Details As low as; Minimum loan amount $25,000; 1st Lien position only; additional discounts may apply Last Updated 10/29/2026 Rate History 1 change since Sep 18, 2026 · 6.24% → 6.99% ▲ 0.75 pts · high 6.99% / low 6.24% Oct 2, 20266.99%▲ from 6.24% Sep 18, 20266.24%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
The Preferred Mortgage	-	-	7.25%	30 Year
Details As low as; Minimum loan amount $25,000; 1st Lien position only; additional discounts may apply Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.50% → 7.25% ▲ 0.75 pts · high 7.25% / low 6.50% Oct 2, 20267.25%▲ from 6.50% Sep 14, 20266.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
The Preferred Home Equity Loan	-	-	6.99%	10 Year
Details As low as; Minimum loan amount $10,000; no fees; 2nd Lien position only Last Updated 10/29/2026 Rate History 2 changes since Sep 14, 2026 · 6.24% → 6.99% ▲ 0.75 pts · high 6.99% / low 6.24% Oct 26, 20266.99%▲ from 6.74% Oct 2, 20266.74%▲ from 6.24% Sep 14, 20266.24%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Home Equity Line of Credit Loan	-	-	7.00%
Details As low as the Wall Street Journal Prime Rate; 7.00% APR as of September 17th, 2026 Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.75% → 7.00% ▲ 0.25 pts · high 7.00% / low 6.75% Oct 2, 20267.00%▲ from 6.75% Sep 14, 20266.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
The Preferred Home Equity Loan	-	-	7.49%	15 Year
Details As low as; Minimum loan amount $10,000; no fees; 2nd Lien position only Last Updated 10/29/2026 Rate History 2 changes since Sep 18, 2026 · 6.50% → 7.49% ▲ 0.99 pts · high 7.49% / low 6.50% Oct 26, 20267.49%▲ from 7.00% Oct 2, 20267.00%▲ from 6.50% Sep 18, 20266.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
The Preferred Home Equity Loan	-	-	7.49%	20 Year
Details As low as; Minimum loan amount $10,000; no fees; 2nd Lien position only Last Updated 10/29/2026 Rate History 2 changes since Sep 18, 2026 · 6.50% → 7.49% ▲ 0.99 pts · high 7.49% / low 6.50% Oct 26, 20267.49%▲ from 7.00% Oct 2, 20267.00%▲ from 6.50% Sep 18, 20266.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loan Special	-	-	4.99%	60 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 5.49% → 4.99% ▼ 0.50 pts · high 5.49% / low 4.99% Oct 9, 20264.99%▼ from 5.49% Sep 14, 20265.49%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Auto Loan Special	-	-	5.25%	75 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 5.75% → 5.25% ▼ 0.50 pts · high 5.75% / low 5.25% Oct 9, 20265.25%▼ from 5.75% Sep 14, 20265.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Titled Vehicle Loan	-	-	5.25%	Up to 69 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 5.75% → 5.25% ▼ 0.50 pts · high 5.75% / low 5.25% Oct 9, 20265.25%▼ from 5.75% Sep 14, 20265.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Titled Vehicle Loan	-	-	5.75%	70 to 75 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.25% → 5.75% ▼ 0.50 pts · high 6.25% / low 5.75% Oct 9, 20265.75%▼ from 6.25% Sep 14, 20266.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Auto Loan Special	-	-	6.00%	87 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.50% → 6.00% ▼ 0.50 pts · high 6.50% / low 6.00% Oct 9, 20266.00%▼ from 6.50% Sep 14, 20266.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Titled Vehicle Loan	-	-	6.25%	76 to 87 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.75% → 6.25% ▼ 0.50 pts · high 6.75% / low 6.25% Oct 9, 20266.25%▼ from 6.75% Sep 14, 20266.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Auto Loan Special	-	-	6.75%	96 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 7.25% → 6.75% ▼ 0.50 pts · high 7.25% / low 6.75% Oct 9, 20266.75%▼ from 7.25% Sep 14, 20267.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Start Auto Loan	-	-	9.50%	Up to 72 months
Details As Low As; Rate includes Loan Rebate, restrictions apply Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.50% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Recreational Vehicle Loan	-	6.25%	Up to 69 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 6.75% → 6.25% ▼ 0.50 pts · high 6.75% / low 6.25% Oct 9, 20266.25%▼ from 6.75% Sep 14, 20266.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Recreational Vehicle Loan	-	6.75%	70 to 75 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 7.25% → 6.75% ▼ 0.50 pts · high 7.25% / low 6.75% Oct 9, 20266.75%▼ from 7.25% Sep 14, 20267.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Boat and Travel Trailer Specials Loan	-	7.00%	120-144 Month Term
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 7.00% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Recreational Vehicle Loan	-	7.25%	76 to 87 months
Details As Low As; Discounts may require active checking account and auto payment transfer Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 7.75% → 7.25% ▼ 0.50 pts · high 7.75% / low 7.25% Oct 9, 20267.25%▼ from 7.75% Sep 14, 20267.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Boat and Travel Trailer Specials Loan	-	7.50%	180 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 7.50% APR · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Motorcycle Special Loan	-	8.50%	96 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 8.50% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Motorcycle Special Loan	-	9.00%	120-144 Month Term
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 9.00% APR · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Side by Side UTV and Jet Ski Special Loan	-	9.00%	96 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.00% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Motorcycle Special Loan	-	9.50%	180 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.50% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Side by Side UTV and Jet Ski Special Loan	-	10.00%	120-144 Month Term
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 10.00% APR · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Side by Side UTV and Jet Ski Special Loan	-	10.50%	180 Month
Details 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 10.50% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Credit Card Rates

Product	Rate	APR	View More
PCU Platinum Visa Credit Card	-	9.99%
Details As Low As Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.99% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Personal Loan Rates

Product	APR	Term
Fall Loan Special (unsecured)	9.99%	12 Month
Details Unsecured loan special Last Updated 10/29/2026 Rate History No change since Oct 9, 2026 · 9.99% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Signature Loan	10.50%	Up to 36 month
No additional details. Last Updated 10/29/2026 Rate History 1 change since Sep 14, 2026 · 11.00% → 10.50% ▼ 0.50 pts · high 11.00% / low 10.50% Oct 9, 202610.50%▼ from 11.00% Sep 14, 202611.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Signature Loan	11.00%	37 to 60 month term
No additional details. Last Updated 10/29/2026 Rate History 1 change since Sep 18, 2026 · 11.50% → 11.00% ▼ 0.50 pts · high 11.50% / low 11.00% Oct 9, 202611.00%▼ from 11.50% Sep 18, 202611.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Preferred Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
Home Improvement TLC Loan	-	-	10.99%	Up to 60 months
Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 10.99% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Home Improvement TLC Loan	-	-	11.99%	Up to 120 months
Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 11.99% APR · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Money Account	-	-	0.45%
Min Balance $500 Details Balance: $500.00 - $2,499.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Money Account	-	-	0.50%
Min Balance $2,500 Details Balance: $2,500.00 - $9,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.50% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Money Account	-	-	0.55%
Min Balance $10,000 Details Balance: $10,000.00 - $24,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.55% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Money Account	-	-	0.60%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.60% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%
Preferred Money Account	-	-	0.65%
Min Balance $50,000 Details Balance: $50,000.00 and over Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.65% APY · checked 9 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.25%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Preferred Credit Union’s Texas Ratio stayed near 1.26% in Q3 2023 to 1.25% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$318M	1.25%	5.0	A+
March 31, 2026	$318M	1.49%	5.0	A+
December 31, 2025	$308M	1.55%	5.0	A+
September 30, 2025	$305M	1.67%	5.0	A+
June 30, 2025	$309M	1.65%	5.0	A+
March 31, 2025	$305M	1.23%	5.0	A+
December 31, 2024	$290M	1.41%	5.0	A+
September 30, 2024	$287M	1.45%	5.0	A+
June 30, 2024	$285M	1.38%	5.0	A+
March 31, 2024	$279M	1.19%	5.0	A+
December 31, 2023	$269M	1.81%	5.0	A+
September 30, 2023	$268M	1.26%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Preferred Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Preferred Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Preferred Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Preferred Credit Union

Website https://www.preferredcu.org

Address 3767 Sparks Dr SE, Grand Rapids, MI 49546

Phone 800-328-4131

Fax 616-942-2302

President Russell Herman

CEO John Yeomans

Full-Time Employees 75

Part-Time Employees 3

Branch Locations 6

ATM Locations 4

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.25%

Return on Assets (ROA)

0.5554%

Return on Equity (ROE)

3.8965%

Non-Performing Loans Ratio (NPL)

0.37%

Total Assets

318,132,369

Total Amount of Shares and Deposits

270,596,189

Total Shares and Deposits < 1 Year

255,536,478

Total Shares and Deposits 1 3 Years

14,842,123

Total Shares and Deposits > 3 Years

217,588

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

8,438,640

Total Uninsured Shares and Deposits > $250K (F+J)

8,438,640

Total Insured Shares and Deposits > $250K (item 17 less item K)

262,157,549

Total Interest Expense (Sum of items 6 8)

1,670,833

Share Certificates

2,665

Number of Accounts for Share Drafts

16,648

IRA KEOGH Accounts

741

Number of Accounts for Regular Shares

28,163

All other shares

3,522

Non Member Deposits

6,113

Money Market Shares

1,708

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

47,378,893

Total Liabilities

276,121,813

Source: NCUA — Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Preferred Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
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       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About Preferred Credit Union

Does Preferred Credit Union offer CDs?

Yes. Preferred Credit Union current CD rates include its 25 Month CD at 3.85% APY, its 8 Month CD at 3.75% APY and its 60 Month Regular CD at 3.40% APY, verified by MonitorBankRates as of October 29, 2026.

Are CDs from Preferred Credit Union NCUA insured?

Yes. Preferred Credit Union is insured by the National Credit Union Administration (NCUA), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Preferred Credit Union?

The highest Preferred Credit Union CD rate is its 25 Month CD at 3.85% APY, verified by MonitorBankRates as of October 29, 2026.

What CD terms does Preferred Credit Union offer?

Preferred Credit Union CD rates are 3.75% APY for an 8 month CD, 2.58% APY for a 12 month CD, 2.73% APY for a 2 year CD, 3.85% APY for a 25 month CD, 3.04% APY for a 3 year CD, 3.30% APY for a 4 year CD and 3.40% APY for a 5 year CD, verified by MonitorBankRates as of October 29, 2026. The institution may offer other terms or specials that are not listed here, so check with Preferred Credit Union for its full lineup.

What is the highest savings rate at Preferred Credit Union?

The highest Preferred Credit Union savings rate is its Health Savings Account at 1.00% APY, verified by MonitorBankRates as of October 29, 2026.

What is the highest checking rate at Preferred Credit Union?

The highest Preferred Credit Union checking rate is its Business Interest Checking at 0.45% APY, verified by MonitorBankRates as of October 29, 2026.

What is the lowest mortgage rate at Preferred Credit Union?

The lowest Preferred Credit Union mortgage rate is its The Preferred Mortgage at 6.74% APR, verified by MonitorBankRates as of October 29, 2026.

What is the lowest auto loan rate at Preferred Credit Union?

The lowest Preferred Credit Union auto loan rate is its Auto Loan Special at 4.99% APR, verified by MonitorBankRates as of October 29, 2026.

What is the lowest personal loan rate at Preferred Credit Union?

The lowest Preferred Credit Union personal loan rate is its Fall Loan Special (unsecured) at 9.99% APR, verified by MonitorBankRates as of October 29, 2026.

What is the lowest credit card APR at Preferred Credit Union?

The lowest Preferred Credit Union credit card APR is its PCU Platinum Visa Credit Card at 9.99% APR, verified by MonitorBankRates as of October 29, 2026.

How many branches does Preferred Credit Union operate?

Preferred Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Preferred Credit Union?

Yes, to access services at Preferred Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Preferred Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Preferred Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Preferred Credit Union offer online and mobile banking?

Most modern institutions like Preferred Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.preferredcu.org.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Credit unions require membership, so you may need to join first. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership in the credit union, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Preferred Credit Union rates compare?

Preferred Credit Union's CD rates are 16% higher than the MonitorBankRates national average, and it has an A+ health rating. Preferred Credit Union's top rates are its 25 Month CD at 3.85% APY, its Health Savings Account at 1.00% APY, its Business Interest Checking at 0.45% APY, its The Preferred Mortgage at 6.74%, its Fall Loan Special (unsecured) at 9.99% APR and its PCU Platinum Visa Credit Card at 9.99% APR, verified by MonitorBankRates on October 29, 2026.

Current Preferred Credit Union Rates

12-Month CD2.58%
24-Month CD2.73%
60-Month CD3.30%
Savings1.00%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

Preferred Credit Union Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Preferred Credit Union Texas Ratio

Preferred Credit Union Health Trend

Preferred Credit Union CD Rates

Preferred Credit Union Savings Rates

Preferred Credit Union Checking Rates

Preferred Credit Union Business Checking Rates

Preferred Credit Union Mortgage Rates

Preferred Credit Union Home Equity & HELOC

Preferred Credit Union Auto Loan Rates

Preferred Credit Union RV, Boat and Powersport Loan Rates

Preferred Credit Union Credit Card Rates

Preferred Credit Union Personal Loan Rates

Preferred Credit Union Other Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

Preferred Credit Union earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Preferred Credit Union

Does Preferred Credit Union offer CDs?

Are CDs from Preferred Credit Union NCUA insured?

What is the highest CD rate at Preferred Credit Union?

What CD terms does Preferred Credit Union offer?

What is the highest savings rate at Preferred Credit Union?

What is the highest checking rate at Preferred Credit Union?

What is the lowest mortgage rate at Preferred Credit Union?

What is the lowest auto loan rate at Preferred Credit Union?

What is the lowest personal loan rate at Preferred Credit Union?

What is the lowest credit card APR at Preferred Credit Union?

How many branches does Preferred Credit Union operate?

Is a member application needed to join Preferred Credit Union?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Preferred Credit Union offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do Preferred Credit Union rates compare?

Current Preferred Credit Union Rates

Compare to Other Credit Unions