Community Financial Credit Union (MI)
Overview / Commentary
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 335th largest credit union in the nation. It was established in 1951 and as of September of 2018, it had grown to 250 employees and 72,133 members at 13 locations. Community Financial Credit Union (MI) 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 are also eligible.
See current membership details
Related Posts
Health
A+
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68631 |
| Year Chartered | 1951 |
| Employees | 250 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 7.31% |
| Annual Interest Income | $27.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $909.5MM$827.9MM |
| Loans | Q3 2018vs Q3 2017 | $846.8MM$769.9MM |
| Deposits | Q3 2018vs Q3 2017 | $714.3MM$646.0MM |
| Equity Capital | Q3 2018vs Q3 2017 | $110.3MM$101.8MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $3.1MM$2.9MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $6.7MM$7.7MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $128.00K$705.00K |
Rates
Rates for Community Financial Credit Union (MI) are currently being reviewed.
