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Who We Are

Our Roots

Community over credit score.
Relationships over revenue.
People over profit.

At Allegan Credit Union, we’re all about serving the financial needs of the local community – that’s you! We deeply value our relationships with our members. We show it through our unconditional, understanding, local service.

We believe that combining both friendly employees and intelligent technology puts us in a position to provide that awesome service. And we meet financial needs through great rates and simple, effective financial products.

Everyone’s got financial goals. We’d love to hear about yours. We might have some ideas and services that could help you achieve them.

We’re a local credit union.
And we’re proud to be involved in our community.

Scholarships

Allegan Credit Union is committed to our community and the future of our youth. One of the ways we show this is by offering financial support to students interested in carrying on their learning through a college, university or trade school education with the Billie McClellan Scholarship. See below for details on how you can get an extra $1,000 to put towards your education!

Interested? Here’s what we’ll need:
  • A completed Scholarship Application
  • Two current (not past 60 days) letters of recommendation from teachers, guidance counselors, employers or school administrators; letters from family will not be accepted
  • Acceptance letter from an accredited college, university or trade school that the applicant is attending
  • A typed, double-spaced essay (500 words or less) letting us know how this scholarship will help you achieve your goals
Who can apply?
  • Anyone enrolled in college, university or trade school
  • A person meeting the above requirements that hasn’t won previously
Other Info:
  • Applications for 2025 must be received no sooner than January 1, 2025 and by the close of business (4:30pm) April 1, 2025. Applicants will be notified no later than April 15, 2025.
  • Scholarship recipients will be selected without regard to age, disability, gender, marital status, national origin, race, religion, sexual orientation, or veteran status.
  • Employees or volunteers of Allegan Credit Union or members of their immediate families are not eligible to receive a scholarship.
  • Applications not accompanied by the required documents will be considered incomplete. Incomplete applications will not be considered.
  • By applying, applicants agree they will be photographed at the credit union for use in Allegan Credit Union marketing.
  • Funds will be paid directly to the college, university, or trade school. The recipient agrees to provide Allegan Credit Union with the necessary information. If the recipient does not enroll during the semester for which the scholarship is provided, the scholarship will be forfeited. The recipient is responsible for any tax responsibilities.
  • The scholarship selection committee will consist of Billie McClellan and two staff members and all decisions by the selection committee shall be final.

You can submit your completed application by dropping it off at any of our branches:

  • Allegan branch drive-thru: 755 Grand St., Allegan, MI 49010
  • Gobles branch night drop: 202 S. State St., Gobles, MI 49055
  • Fennville branch drive-thru: 432 W. Main, Fennville, MI 49408
  • or mail it to: Allegan Credit Union, P.O. Box 320, Allegan, MI 49010

Grow the Love

At Allegan Credit Union it's our mission to be more than just a financial institution. To be a source of support and development for our communities and the people who are part of them. And that’s why we’re Growing the Love!

Growing the Love means spreading good will in our communities with random acts of kindness and community engagement. If you’ve received one of our Grow the Love cards, then chances are you’ve already experienced a little bit of what Growing the Love can do - be it a free meal, a tank of gas, or any other gesture to lighten your load and brighten your day.

We invite you to keep the chain moving, and Grow the Love in your community however you see fit. Did you Grow the Love today? If so, we'd love to hear all about it! Share your story on our Facebook by clicking on the link below!


Come party with us!

It's the most wonderful time of the year - it's Block Party time! And this year, we're celebrating with twice the fun with TWO Block Party events! 

Allegan: Saturday, May 18, 2024   |   1:00pm-4:00pm   |   Allegan Riverfront Boardwalk

Gobles: Saturday, June 29, 2024   |   1:00pm-4:00pm   |   Cornerstone AFC Parking Lot

Join us for FREE family fun to celebrate the amazing communities we serve! Enjoy inflatable obstacle courses, face painting, free food and drinks, and many other activities - all provided by Allegan Credit Union and local partnering businesses. Everyone is welcome to join the party!

Also, don't forget to check out our Allegan Block Party and Gobles Block Party events on Facebook and follow for updates! 

We can't wait to see you there!

Our Hometown History

On March 9, 1945, Blood Brothers Machine Company started our first credit union. The credit union served all employees of Blood Brothers and was known as Blood Brothers Federal Employees Credit Union.

Over the years, Blood Brothers experienced a great deal of change and progress within the industry. By 1973, the new name of the company and the credit union was Rockwell International. The credit union continued to service the Rockwell employees and their families.

On August 1, 1975, the credit union opened its doors to the community for membership; it would be known as Allegan Community Federal Credit Union. Our field of membership included anyone who lived or worked in Allegan County or had a blood relative who was already a member.

In February 2017, Allegan Credit Union expanded its charter to serve an additional eight counties: Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, St. Joseph and Van Buren. August 2017 saw Allegan Credit Union open its second location, in Gobles, MI. And in May 2018, we opened our third branch in Fennville, MI.

In May 2022, Allegan Credit Union opened up its charter to serve the entire state of Michigan! 

On April 1, 2023, Allegan Credit Union and Rivertown Credit Union merged and began operating as divisions of Ignite Credit Union. Ignite’s creative approach to merging offers a multitude of shared resources, knowledge, and collective experience which will allow a wider range of products and services, more access with additional branch locations, and more community giveback. Additionally, team members will have more access to new resources! Being part of a larger organization means a larger selection of growth and career development opportunities!

Allegan Credit Union is excited to continue its legacy of growth and outreach in the communities it serves and knows so well!

FAQs

What’s a credit union?
A credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. It’s member-owned and controlled through a board of directors elected by the membership. The board serves on a volunteer basis and may hire a management team to run the credit union. The board also establishes and revises policy, sets dividend and loan rates, and directs certain operations. The result: members are provided with a safe, convenient place to save and borrow at reasonable rates at an institution which exists to benefit them, not to make a profit.
Who owns a credit union?
Most financial institutions are owned by stockholders, who own a part of the institution and intend on making money from their investment. That’s not how credit unions roll. Rather, each credit union member owns one “share” of the organization. The user of credit union services is also an owner, and is even entitled to vote on important issues, such as the election of member representatives to serve on the board of directors.
How did credit unions start?
The first credit union cooperatives started in Germany over a century ago. Today, credit unions are found everywhere in the world. The credit union movement started in this country in Manchester, New Hampshire. There, the St. Mary’s Cooperative Credit Association, a church-affiliated credit union, opened its doors in 1909. Today, one in every three Americans is a credit union member.
What is the purpose of a credit union?
The primary purpose in furthering their goal of service is to encourage members to save money. Another purpose is to offer loans to members. In fact, credit unions have traditionally made loans to people of ordinary means. Credit unions can charge lower rates for loans (as well as pay higher dividends on savings) because they’re not-for-profit cooperatives. Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends or improved services.
Are savings deposits insured?
Yes. All savings accounts are insured up to $250,000 by the NCUA, the National Credit Union Administration, an agency of the federal government.
Who can join a credit union?

Typically a credit union exists to serve a specific group of people, such as people who live in a specific geographic location, a group of employees or the members of a professional or religious group. This is called a “field of membership.” The field of membership may include where they live, where they work, or their membership in a social or economic group. We serve the entire state of Michigan.

I live outside of Allegan County - can I become a member?

Great news! Now anyone who lives, works, worships, or attends school in the state of Michigan can become a member of Allegan Credit Union! 

As of May 1st, 2022, we became a State Charted Credit Union, which will allow us to serve the entire state of Michigan! This conversion will open many new doors for Allegan Credit Union and its member base, as it allows us the ability to offer our great rates and fantastic service to a much wider population.

Our members will experience very few changes with this conversion. There will be no changes to account numbers or Allegan Credit Union’s routing number. Your deposits will also continue to be federally insured up to at least $250,000 by the National Credit Union Administration.

Our members will see one minor update to our name - previously, we were known as Allegan Community Federal Credit Union; however, going forward, we will simply be Allegan Credit Union. 

If you have questions regarding this exciting change, feel free to give us a call at 269.673.5465.

Not a member yet?

Join today for serious benefits like no application costs or closing fees on home loans, plus so much more!