Chief Financial Credit Union is headquartered in Rochester Hills and is the 75th largest credit union in the state of Michigan. It is also the 1,265th largest credit union in the nation. It was established in 1941 and as of June of 2020, it had grown to 38 employees and 26,243 members at 3 locations. Chief Financial Credit Union has an A health rating.
Chief Financial Credit Union
Dena at Chief Financial Credit Union is the best. I had a problem where I did a remote deposit incorrectly and Dena stated because this was the first time she was waiving the normal fee to correct.
I have had great results with this Credit Union. I continue getting my 5% each month by following their requirements.
I highly recommend this bank and especially Dena. She goes the extra mile!!
Richard
Fantastic Experience
I joined Chief Financial while looking for a credit union with great benefits. Discovered a bonus of working with professional, pleasant and truly helpful people. Highly recommend!
Awesome Credit Union
I became a member searching online for a credit union in the area. They have hundreds of five star ratings on Google. You can see why. Great service, great rates, great technology. They're like family!
5% interest on checking account, can't be beat!!
Been A Member For Years
I came across this site on a google search and wanted to talk a bit about my experience with Chief. I have been a member since 1997! I have never been hit with any nonsense fees, and even when my deposit did not arrive on time they were kind enough to refund a NSF fee for me when I explained the situation to them. I have had many auto and signature loans through them and I would not think of going anywhere else with the service that I get every time I walk into the door. My checking account even pays me back as long as I meet some easy qualifications! I have never had anyone be rude to me when I have done any of my banking needs, and I tell all of my friends and family that they should use Chief Financial too!
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4271 |
| Year Chartered | 1941 |
| Employees | 38 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.44% |
| Return on Equity - YTD | -19.5% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $171.2MM$155.6MM |
| Loans | Q2 2020vs Q2 2019 | $117.9MM$124.9MM |
| Deposits | Q2 2020vs Q2 2019 | $147.6MM$129.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $20.9MM$22.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.2MM$1.0MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.4MM$596.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |