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Community Financial Credit Union (MI)


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 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.

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

Related Posts

10% Savings Account(Up To $1,000) - 1/20/2023

This looks like a good deal unless there are some fees I don't know about. If anyone has any experience with this CU please post. https://www.cfcu.org/highyield

Community Financial Credit Union (MI) Has Rate-Leading 13-Month CD - 1/6/2023

Community Financial CU (MI) is offering rate-leading 13-month and 29-month Share Certificate Specials statewide Minimum deposit is $1k. Also available as IRAs.

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Health
A

Data as of Q4 2022

Learn why bank health matters

Health Grade Components

Overall
NCUA #68631
Year Chartered1951
Employees343
Primary Regulator
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.52%
Annual Interest Income$55.0MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$1.53B$1.25B
LoansQ4 2022vs Q4 2021$1.41B$1.13B
DepositsQ4 2022vs Q4 2021$1.29B$1.10B
Equity CapitalQ4 2022vs Q4 2021$149.5MM$142.3MM
Loan Loss AllowanceQ4 2022vs Q4 2021$4.4MM$4.0MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$7.1MM$3.7MM
Real Estate OwnedQ4 2022vs Q4 2021$0$0
Rates
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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
10.00%*-$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
1.10%$1m-Premier Plus Money Market Account
1.10%$1m-IRA Premier Plus Money Market Account
0.95%$250k-Premier Money Market Account
0.95%$250k-IRA Premier Money Market Account
0.80%$100k-Select Money Market Account
0.80%$100k-IRA Select Money Market Account
0.65%$50k-Prestige Asset Management
0.65%$50k-IRA Prestige Asset Management
0.60%$20k-Asset Management Account
0.60%$20k-IRA Asset Management Account
0.50%$5k-Money Market Account
0.50%$5k-IRA Money Market Account

Community Financial Credit Union (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.10%$1k-29 Month Share Certificate Special
3.00%$1k-13 Month Share Certificate Special
3.00%$1k-1 Year Health Savings Share Certificate
0.95%$1k-1 Year President’s Club Certificate
0.95%$1k-5 Year President’s Club Certificate
0.90%$1k-2 Year President’s Club Certificate
0.90%$1k-4 Year President’s Club Certificate
0.85%$1k-180 Day President’s Club Certificate
0.85%$1k-3 Year President’s Club Certificate
0.80%$5-60 Month Goal-Setter Savings
0.75%$5-24 Month Goal-Setter Savings
0.40%$1k-90 Day President’s Club Certificate

Community Financial Credit Union (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.10%$500-29 Month IRA Certificate Special
3.00%$500-13 Month IRA Certificate Special
3.00%$500-1 Year Health Savings Share IRA Certificate
0.95%$500-1 Year President’s Club IRA Certiificate
0.95%$500-5 Year President’s Club IRA Certiificate
0.90%$500-2 Year President’s Club IRA Certiificate
0.90%$500-4 Year President’s Club IRA Certiificate
0.85%$500-180 Day President’s Club IRA Certiificate
0.85%$500-3 Year President’s Club IRA Certiificate
0.40%$500-90 Day President’s Club IRA Certiificate
Locations

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