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: 0.10%

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Preferred Credit Union

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Preferred Credit Union Rates & Review September 2026

Q: 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.

Q: 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.

Q: 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.

Q: 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.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 22, 2026

Preferred Credit Union's 25 Month CD rates are at 3.85%, 8 Month CD rates are at 3.75%, 60 Month Term CD or more rates are at 3.50%, 60 Month Term CD or more rates are at 3.40%, 48 Month Term CD or more rates are at 3.39%. Preferred Credit Union's savings rates are at 0.10%. Preferred Credit Union's The Preferred Mortgage rates are at 5.99%, The Preferred Mortgage rates are at 6.24%, The Preferred Mortgage rates are at 6.50%. Preferred Credit Union's Personal Loan Rates are as low as 9.99%. Preferred Credit Union's Credit Card Rates are at 9.99%. 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 1.49%. Rates last updated and verified on 09/22/2026.

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

1.49%

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

Preferred Credit Union CD Rates

Product	Rate	APY	Term
25 Month CD	-	3.85%	25 Month
Min Deposit $1,000 Min Balance $1,000 Details CD Specials have $1,000 minimum balance, regular or IRA money, no institution or public money. Offer subject to change at any time. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
8 Month CD	-	3.75%	8 Month
Min Deposit $1,000 Min Balance $1,000 Details CD Specials have $1,000 minimum balance, regular or IRA money, no institution or public money. Offer subject to change at any time. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
60 Month Term CD or more	-	3.50%	60 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
60 Month Term CD or more	-	3.40%	60 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
48 Month Term CD or more	-	3.39%	48 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
60 Month Term CD	-	3.39%	60 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
48 Month Term CD or more	-	3.30%	48 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
60 Month Term CD	-	3.30%	60 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
48 Month Term CD	-	3.29%	48 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
48 Month Term CD	-	3.20%	48 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
36 Month Term CD or more	-	3.14%	36 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
36 Month Term CD or more	-	3.04%	36 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
30 Month Term CD or more	-	3.03%	30 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
36 Month Term CD	-	3.03%	36 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
36 Month Term CD	-	2.94%	36 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
24 Month Term CD or more	-	2.93%	24 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
30 Month Term CD or more	-	2.93%	30 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
24 Month Term CD or more	-	2.84%	24 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
24 Month Term CD	-	2.83%	24 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
30 Month Term CD	-	2.83%	30 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
12 Month Term CD or more	-	2.78%	12 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
24 Month Term CD	-	2.73%	24 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
12 Month Term CD or more	-	2.68%	12 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
9 Month Term CD or more	-	2.63%	9 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
12 Month Term CD	-	2.58%	12 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
6 Month Term CD or more	-	2.58%	6 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
9 Month Term CD or more	-	2.53%	9 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
9 Month Term CD	-	2.52%	9 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
6 Month Term CD or more	-	2.48%	6 Month
Min Balance $10,000 Details $10,000; APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
6 Month Term CD	-	2.47%	6 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
9 Month Term CD	-	2.43%	9 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
6 Month Term CD	-	2.38%	6 Month
Details APY = Annual Percentage Yield. APR = Annual Percentage Rate subject to change and may vary based on credit worthiness of borrower. All loans subject to approval. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Savings Rates

Product	Rate	APY
Health Savings Account	-	1.00%
Min Balance $10,000 Details Balance: $10,000.00+. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Health Savings Account	-	0.75%
Min Balance $5,000 Details Balance: $5,000.00 - $9,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Health Savings Account	-	0.50%
Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
IRA Savings	-	0.30%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Health Savings Account	-	0.25%
Min Balance $100 Details Balance: $100.00 - $999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Christmas Club	-	0.20%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Vacation Club	-	0.20%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Share Savings Account	-	0.10%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Checking Rates

Product	Rate	APY
Business Interest Checking	-	0.45%
Min Balance $5,000 Details Balance: $5,000.00+. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Premier Interest Checking	-	0.45%
Min Balance $1,500 Details Balance: $1,500.00+. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
50 Plus Interest Checking	-	0.35%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Business Interest Checking	-	0.35%
Min Balance $0 Details Balance: $0.00 - $4,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Direct Interest Checking	-	0.35%
Details All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Premier Interest Checking	-	0.35%
Min Balance $0 Details Balance: $0.00 - $1,499.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Mortgage Rates

Product	Rate	Points	APR	Term
The Preferred Mortgage	-	-	5.99%	10 Year
Details As low as; Minimum loan amount $25,000, 1st Lien position only, additional discounts may apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
The Preferred Mortgage	-	-	6.24%	15 Year
Details As low as; Minimum loan amount $25,000, 1st Lien position only, additional discounts may apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
The Preferred Mortgage	-	-	6.24%	20 Year
Details As low as; Minimum loan amount $25,000, 1st Lien position only, additional discounts may apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
The Preferred Mortgage	-	-	6.50%	30 Year
Details As low as; Minimum loan amount $25,000, 1st Lien position only, additional discounts may apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
The Preferred Home Equity Loan	-	-	6.24%	10 Year
Details As low as; Minimum loan amount $10,000, no fees, 2nd Lien position only. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
The Preferred Home Equity Loan	-	-	6.50%	15 Year
Details As low as; Minimum loan amount $10,000, no fees, 2nd Lien position only. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
The Preferred Home Equity Loan	-	-	6.50%	20 Year
Details As low as; Minimum loan amount $10,000, no fees, 2nd Lien position only. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Home Equity Line of Credit Loan	-	-	6.75%
Details As low as the Wall Street Journal Prime Rate; Rates effective 11/13/25 and are subject to change without notice. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loan Special	-	-	5.49%	60 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Auto Loan Special	-	-	5.75%	75 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Titled Vehicle Loan	-	-	5.75%	Up to 69 months
Details As Low As; Rate includes Loan Rebate, restrictions apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Titled Vehicle Loan	-	-	6.25%	70 to 75 months
Details As Low As; Rate includes Loan Rebate, restrictions apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Auto Loan Special	-	-	6.50%	87 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Titled Vehicle Loan	-	-	6.75%	76 to 87 months
Details As Low As; Rate includes Loan Rebate, restrictions apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Auto Loan Special	-	-	7.25%	96 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Start Auto Loan	-	-	9.50%	Up to 72 months
Details As Low As; Rate includes Loan Rebate, restrictions apply. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Recreational Vehicle Loan	-	6.75%	Up to 69 months
Details As Low As Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Boat and Travel Trailer Specials Loan	-	7.00%	120-144 Month Term
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Recreational Vehicle Loan	-	7.25%	70 to 75 months
Details As Low As Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Boat and Travel Trailer Specials Loan	-	7.50%	180 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Recreational Vehicle Loan	-	7.75%	76 to 87 months
Details As Low As Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Motorcycle Special Loan	-	8.50%	96 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Motorcycle Special Loan	-	9.00%	120-144 Month Term
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Side by Side UTV and Jet Ski Special Loan	-	9.00%	96 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Motorcycle Special Loan	-	9.50%	180 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Side by Side UTV and Jet Ski Special Loan	-	10.00%	120-144 Month Term
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Side by Side UTV and Jet Ski Special Loan	-	10.50%	180 Month
Details 2024 & Newer. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Credit Card Rates

Product	Rate	APR	View More
PCU Platinum Visa Credit Card	-	9.99%
Details As low as; Regular APR: 9.99% Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Personal Loan Rates

Product	APR	Term
Summer Loan Special (unsecured)	9.99%	12 Month
Details Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Signature Loans	11.00%	Up to 36 month
Details Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Signature Loans	11.50%	37 to 60 month term
Details Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

Preferred Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
Home Improvement TLC Loan	-	-	10.99%	Up to 60 months
Details Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Home Improvement TLC Loan	-	-	11.99%	Up to 120 months
Details Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Money Account	-	-	0.45%
Min Balance $500 Details Balance: $500.00 - $2,499.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Money Account	-	-	0.50%
Min Balance $2,500 Details Balance: $2,500.00 - $9,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Money Account	-	-	0.55%
Min Balance $10,000 Details Balance: $10,000.00 - $24,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Money Account	-	-	0.60%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%
Preferred Money Account	-	-	0.65%
Min Balance $50,000 Details Balance: $50,000.00+. All savings accounts are insured up to $250,000 by the National Credit Union Administration and back by the full faith and credit of the United States Government. Fees, if applicable, may reduce the earnings on these accounts. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.49%

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.
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Financial Health History

Preferred Credit Union’s Texas Ratio stayed near 1.00% in Q2 2023 to 1.49% in Q1 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
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+
June 30, 2023	$265M	1.00%	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 74

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

1.49%

Return on Assets (ROA)

0.2856%

Return on Equity (ROE)

2.0402%

Non-Performing Loans Ratio (NPL)

0.43%

Total Assets

317,864,539

Total Amount of Shares and Deposits

271,586,101

Total Shares and Deposits < 1 Year

258,506,123

Total Shares and Deposits 1 3 Years

12,766,122

Total Shares and Deposits > 3 Years

313,856

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

9,397,432

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

9,397,432

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

262,188,669

Total Interest Expense (Sum of items 6 8)

827,924

Share Certificates

2,685

Number of Accounts for Share Drafts

16,629

IRA KEOGH Accounts

756

Number of Accounts for Regular Shares

28,338

All other shares

3,483

Non Member Deposits

6,113

Money Market Shares

1,709

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)

46,981,942

Total Liabilities

276,516,490

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Preferred Credit Union earned the Verified Healthy badge

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Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Preferred Credit Union

Frequently Asked Questions About Preferred Credit Union

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.

Current Preferred Credit Union Rates

12-Month CD2.58%
24-Month CD2.73%
60-Month CD3.30%
Savings0.10%

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

Compare to Other Credit Unions

Preferred Credit Union Rates & Review September 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 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

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?

Current Preferred Credit Union Rates

Compare to Other Credit Unions