Community Financial Credit Union (MI)


Overview / Commentary
877-937-2328
500 S Harvey St
Plymouth, MI 48170

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 295th largest credit union in the nation. It was established in 1951 and as of December of 2023, it had grown to 364 employees and 83,566 members at 14 locations. Community Financial Credit Union (MI)'s savings rates are 27X 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

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

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!



Health
B+

Health Grade Components

Overall
NCUA #68631
Year Chartered1951
Employees364
Primary Regulator
Profit Margin
Return on Assets - YTD0.25%
Return on Equity - YTD2.66%
Annual Interest Income$82.6MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$1.59B$1.53B
LoansQ4 2023vs Q4 2022$1.48B$1.41B
DepositsQ4 2023vs Q4 2022$1.34B$1.29B
Equity CapitalQ4 2023vs Q4 2022$149.1MM$149.5MM
Loan Loss AllowanceQ4 2023vs Q4 2022$8.7MM$4.4MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$10.4MM$7.1MM
Real Estate OwnedQ4 2023vs Q4 2022$0$203K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Community Financial Credit Union (MI); 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 Financial Credit Union (MI) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
14.00%*-$10kHigh Yield Savings Special
OTHER TIERS: 0.10% $1k+
0.10%$1k-Super Saver Account
0.05%$100-Basic Savings Account
0.05%--Youth Savings Account
0.05%--Holiday Savings Account
0.05%--IRA Savings Account
0.05%--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
4.20%*$5m*-IRA 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%$1k-13 Month Share Certificate Special
1.16%$1k-1 Year President’s Club Certificate
1.16%$1k-2 Year President’s Club Certificate
1.10%$1k-180 Day President’s Club Certificate
1.05%$1k-5 Year President’s Club Certificate
1.00%$1k-3 Year President’s Club Certificate
1.00%$1k-4 Year President’s Club Certificate
0.60%$1k-90 Day President’s Club Certificate

Community Financial Credit Union (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$500-13 Month IRA Certificate Special
1.16%$500-1 Year President’s Club IRA Certiificate
1.16%$500-2 Year President’s Club IRA Certiificate
1.10%$500-180 Day President’s Club IRA Certiificate
1.05%$500-5 Year President’s Club IRA Certiificate
1.00%$500-3 Year President’s Club IRA Certiificate
1.00%$500-4 Year President’s Club IRA Certiificate
0.60%$500-90 Day President’s Club IRA Certiificate
Locations

Availability



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.