Community Financial Credit Union (MI) is headquartered in PLYMOUTH and is the 15th largest credit union in the state of Michigan. It is also the 286th largest credit union in the nation. It was established in 1951 and as of June of 2023, it had grown to 382 employees and 83,405 members at 13 locations. Community Financial Credit Union (MI)'s savings rates are 19X the national average, and it has an A health rating.
Membership in Community Financial is open to anyone (including business and legal entities) who lives, works, worships, or attends school within the state of Michigan. Immediate family members of membership-eligible individuals also qualify for membership.
See current membership details
Overall | |
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NCUA # | 68631 |
Year Chartered | 1951 |
Employees | 382 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.31% |
Return on Equity - YTD | 3.35% |
Annual Interest Income | $38.5MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $1.62B$1.33B |
Loans | Q2 2023vs Q2 2022 | $1.52B$1.24B |
Deposits | Q2 2023vs Q2 2022 | $1.36B$1.15B |
Equity Capital | Q2 2023vs Q2 2022 | $146.9MM$144.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$4.3MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $6.6MM$4.2MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.