Community Financial Credit Union (MI) is headquartered in PLYMOUTH and is the 14th 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 2022, it had grown to 343 employees and 80,634 members at 15 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 | 343 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.66% |
Return on Equity - YTD | 6.52% |
Annual Interest Income | $55.0MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $1.53B$1.25B |
Loans | Q4 2022vs Q4 2021 | $1.41B$1.13B |
Deposits | Q4 2022vs Q4 2021 | $1.29B$1.10B |
Equity Capital | Q4 2022vs Q4 2021 | $149.5MM$142.3MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $4.4MM$4.0MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $7.1MM$3.7MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $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.