Overview / Commentary
Christian Financial Credit Union is headquartered in Sterling Heights and is the 29th largest credit union in the state of Michigan. It is also the 497th largest credit union in the nation. It was established in 1967 and as of September of 2024, it had grown to 171 employees and 56,013 members at 11 locations. Christian Financial Credit Union has an A health rating.
Field of Membership Restrictions
Christian Financial Credit Union is open to individuals who live, work, worship, or attend school in the Michigan counties of Macomb, Oakland, St.Clair or Wayne. Members/employees of more than 120 Detroit area churches and 40 businesses also qualify for membership.
See current membership details
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Health
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63805 |
| Year Chartered | 1967 |
| Employees | 171 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 8.24% |
| Annual Interest Income | $26.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $876.1MM$828.5MM |
| Loans | Q3 2024vs Q3 2023 | $639.1MM$579.6MM |
| Deposits | Q3 2024vs Q3 2023 | $760.9MM$703.2MM |
| Equity Capital | Q3 2024vs Q3 2023 | $90.2MM$81MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $4.1MM$4.8MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $1.6MM$1.6MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $137K$125K |
