Community Choice CU (MI) is headquartered in Farmington Hills and is the 11th largest credit union in the state of Michigan. It is also the 326th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 236 employees and 78,093 members at 15 locations. Community Choice CU (MI) has an A health rating.
Membership in Community Choice CU (MI) is open to anyone through joining the Detroit Historical Museum. Membership is also open to those who live or work in Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw, Wayne, Allegan, Kent, Monroe, Ottawa Counties in Michigan and to employees of select divisions of GM and employees of Kelly Services.
See current membership details
Every interaction I have had as a member of Community Choice Credit Union has been a positive one! Their staff are very friendly, professional, and courteous. Any questions I have are answered with ease and on some occasions, they have told me how to reduce my fees in order to benefit me in the greatest way possible. Staff members are also easy to work with and I am always treated as though I am an individual, not just a member with a number.
Their facilities are visually appealing and very clean; I always appreciate their attention to detail and willingness to improve and renovate when it is desirable or necessary. Their online banking app for smartphones is very well-designed and makes working with them as a credit union even easier and more enjoyable. I would recommend Community Choice Credit Union to everybody I know!
I am a remote non-member. The process is OK.
1. Open account online.
2. Call the museum to donate $25 and receive your member number in email
3. Forward museum member number to CCCU
4. I will fund the CDs by deposit a check through the credit union shared network. Their instruction says they'll reach out to you in 24-48 hours once you open an account - but I heard from no one for 3 days. So be pro-active.
5. Rate will be locked once fund is received.
|Return on Assets - YTD||0.38%|
|Return on Equity - YTD||4.1%|
|Annual Interest Income||$13.6MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$814.9MM$668.0MM|
|Loans||Q2 2016vs Q2 2015||$666.8MM$505.8MM|
|Deposits||Q2 2016vs Q2 2015||$708.1MM$590.0MM|
|Equity Capital||Q2 2016vs Q2 2015||$72.9MM$67.0MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$4.1MM$5.1MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$3.0MM$3.4MM|
|Real Estate Owned||Q2 2016vs Q2 2015||$49.00K$619.00K|
Rates for Community Choice CU (MI) are currently being reviewed.