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.