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Community Financial Credit Union (MI)


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.cfcu.org
877-937-2328
500 S Harvey St
Plymouth, MI 48170

Community Financial Credit Union (MI) is headquartered in PLYMOUTH and is the 16th largest credit union in the state of Michigan. It is also the 309th largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 324 employees and 83,992 members at 14 locations. Community Financial Credit Union (MI)'s savings rates are 19X the national average, and it has a B health rating.

Field of Membership Restrictions

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

Reviews (2)

14% Up To 1K; Bonuses Of $750 Per & Bus Ck Very Good

Posted by: |

apy of 14% only up to 1k; their bonuses for opening personal & business checking r worthwhile

1

Great APY For Savings

Posted by: |

Have had no issues with CFCU aside from them not using Plaid, so you have to manually verify external accounts, but it’s not anything more than a minor inconvenience.

I checked and as of this morning (1/31/23) they changed the APY on the savings 10%->14%. Definitely a nice surprise this morning!

1


Health
B

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #68631
Year Chartered1951
Employees324
Primary Regulator
Profit Margin
Return on Assets - YTD0.15%
Return on Equity - YTD1.6%
Annual Interest Income$21MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.54B$1.62B
LoansQ1 2025vs Q1 2024$1.36B$1.46B
DepositsQ1 2025vs Q1 2024$1.38B$1.37B
Equity CapitalQ1 2025vs Q1 2024$150.1MM$148.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$8.9MM$8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$13.9MM$6.9MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/10/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Financial Credit Union (MI) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
10.00%*$0$1kHigh Yield Savings Special
OTHER TIERS: 0.10% → $1k+
0.05%$100-Basic Savings Account
0.05%$0-Youth Savings Account
0.05%$0-Holiday Savings Account
0.05%$0-Health Savings Accounts

Community Financial Credit Union (MI) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.20%*$5m*-Money Market Account
OTHER TIERS: 1.10% → $2k - $15k | 1.30% → $15k - $25k | 1.60% → $25k - $50k | 1.70% → $50k - $100k | 2.00% → $100k - $250k | 2.50% → $250k - $500k | 3.25% → $500k - $1m | 3.50% → $1m - $5m

Community Financial Credit Union (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$100-8 Month Share Certificate Special w/ Direct Deposit
4.25%$100-8 Month Share Certificate Special
3.75%$100-23 Month Share Certificate Special
1.16%$100-1 Year President’s Club Certificate
1.10%$100-180 Day President’s Club Certificate
1.10%$100-2 Year President’s Club Certificate
1.10%$100-5 Year President’s Club Certificate
1.05%$100-3 Year President’s Club Certificate
1.05%$100-4 Year President’s Club Certificate

Community Financial Credit Union (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$100-8 Month IRA Certificate Special w/ Direct Deposit
4.25%$100-8 Month IRA Certificate Special
3.75%$100-23 Month IRA Certificate Special
1.16%$100-1 Year President’s Club IRA Certiificate
1.10%$100-180 Day President’s Club IRA Certiificate
1.10%$100-2 Year President’s Club IRA Certiificate
1.10%$100-5 Year President’s Club IRA Certiificate
1.05%$100-3 Year President’s Club IRA Certiificate
1.05%$100-4 Year President’s Club IRA Certiificate
0.05%$0-IRA Savings Account
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