2. Community Alliance Credit Union

Community Alliance Credit Union


Overview / Commentary
www.communityalliancecu.org
800-287-0046
39500 High Pointe Blvd Ste 200
Novi, MI 48375

Community Alliance Credit Union is headquartered in Novi and is the 103rd largest credit union in the state of Michigan. It is also the 1,641st largest credit union in the nation. It was established in 1966 and as of June of 2019, it had grown to 30 employees and 9,546 members at 2 locations. Community Alliance Credit Union's money market rates are 70% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, volunteer, attend school or worship in Monroe, Oakland, Wayne, Washtenaw, and Livingston Counties in Michigan. Membership is also open to employees, members of the Board of Directors/Governors, and pensioners of the Automobile Club of Michigan, the Auto Club Insurance Association, the Auto Club Group, and their successor and subsidiary companies and those who receive a retirement annuity, pension, social security, or similar retirement payment and live in or are part of a retirement organization in the counties served.
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Reviews (1)

Open 7 Days

Posted by: JethroTuller | Jul 17, 2019

They are open 7 days a week! The staff is very friendly and knowledgeable.

1


Health
B

Data as of Q2 2019

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Community Alliance Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #61184
Year Chartered1966
Employees30
Primary Regulator
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD1.19%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$99.1MM$105.7MM
LoansQ2 2019vs Q2 2018$77.4MM$90.5MM
DepositsQ2 2019vs Q2 2018$84.2MM$91.0MM
Equity CapitalQ2 2019vs Q2 2018$8.8MM$8.6MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.1MM$1.2MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$886.00K$1.1MM
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Community Alliance Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Alliance Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$5-IRA Roth / Educational (share 75-77)
0.05%$5-Primary Shares Savings Account (Share 01-Share 25)
0.05%$5-IRA Share Account (Share 70)
0.05%$5-Holiday Savings Account (Share 99)

Community Alliance Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$100k*-Premium Money Market Account (Share 86)
OTHER TIERS: 0.50% → $25k - $50k | 0.60% → $50k - $100k
0.25%$2.5k-Money Market Account (Share 85)

Community Alliance Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$10k*-Business Interest Checking Account
OTHER TIERS: 0.10% → $3.5k - $10k
0.10%*$15k*-Alliance Checking Plus
OTHER TIERS: 0.05% → $2.5k - $15k

Community Alliance Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$500-13 Month CD Special - New Money Only
2.15%$500-7 Month CD Special - New Money
2.00%$500-5 Year CD
2.00%$500-99 Day CD Special - New Money
1.60%$500-3 Year CD
1.35%$500-2 Year CD
1.10%$500-18 Month CD
1.00%$500-1 Year CD
0.60%$500-6 Month CD
0.50%$25-1 Year Save to Win CD Special

Community Alliance Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-5 Year IRA
1.60%$500-3 Year IRA
1.35%$500-2 Year IRA
1.10%$500-18 Month IRA
1.00%$500-1 Year IRA
0.60%$500-6 Month IRA
Locations


Community Alliance Credit Union Locations
Branch Office37401 Plymouth RdLivonia, MI 48150-1025
Corporate Office39500 High Pointe Blvd Ste 200Novi, MI 48375

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.