Chief Financial Credit Union is headquartered in Rochester Hills and is the 81st largest credit union in the state of Michigan. It is also the 1,282nd largest credit union in the nation. It was established in 1941 and as of June of 2022, it had grown to 46 employees and 22,875 members at 4 locations. Chief Financial Credit Union has an A health rating.
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Absolutely The Best CU!
Now this is how you run a proper credit union! They take care of members, customers first. Professionalism, respect, it's a real pleasure.
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
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!
Great Rates And Great People
Whether banking online or speaking with a Chief employee, fantastic experience. Very patient and helpful; I would highly recommend Chief to anyone looking for great rates and great people. Added plus is the community involvement - wonderful to see a business giving back so much to the local community
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4271 |
| Year Chartered | 1941 |
| Employees | 46 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 5.11% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $191.9MM$188.7MM |
| Loans | Q2 2022vs Q2 2021 | $146.6MM$133.2MM |
| Deposits | Q2 2022vs Q2 2021 | $164.2MM$161.6MM |
| Equity Capital | Q2 2022vs Q2 2021 | $24.8MM$24.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $951.00K$1.0MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $314.00K$1.4MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$1.7MM |