Construction Federal Credit Union

Overview / Commentary

www.cfcuonline.com

248-358-4140

30400 Telegraph Road, Suite 122 Bingham Office Park
Bingham Farms, MI 48025

Construction Federal Credit Union is headquartered in Bingham Farms and is the 181^st largest credit union in the state of Michigan. It is also the 3,266^th largest credit union in the nation. It was established in 1974 and as of December of 2019, it had grown to 4 employees and 1,312 members at 1 location. Construction Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership in Construction Federal Credit Union is open to members of the Construction Association of Michigan.
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Health

Data as of Q4 2019

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Construction Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	21798
Year Chartered	1974
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.03%
Return on Equity - YTD	-0.19%
Annual Interest Income	$648.00K

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$21.2MM$22.0MM
Loans	Q4 2019vs Q4 2018	$9.3MM$8.7MM
Deposits	Q4 2019vs Q4 2018	$18.0MM$18.8MM
Equity Capital	Q4 2019vs Q4 2018	$3.2MM$3.2MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$46.00K$155.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$13.00K$141.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

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Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Construction Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.87%	$100k	-	Jumbo IRA Savings
0.60%	$1	-	Pass Book Savings IRA
0.10%	$2.5k	-	Savings

Construction Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$2.5k	-	Checking

Construction Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.35%	$5k	-	13 Month Certificate Special - New Money
0.83%	$100k	-	12 Month Jumbo Certificate
0.77%^*	$10k^*	-	36 Month Certificate
OTHER TIERS: 0.74% → $2.5k - $10k
0.75%^*	$10k^*	-	30 Month Certificate
OTHER TIERS: 0.71% → $2.5k - $10k
0.73%^*	$10k^*	-	24 Month Certificate
OTHER TIERS: 0.70% → $2.5k - $10k
0.67%^*	$10k^*	-	18 Month Certificate
OTHER TIERS: 0.60% → $2.5k - $10k
0.43%^*	$10k^*	-	12 Month Certificate
OTHER TIERS: 0.31% → $2.5k - $10k
0.23%^*	$10k^*	-	6 Month Certificate
OTHER TIERS: 0.21% → $2.5k - $10k
0.17%^*	$10k^*	-	3 Month Certificate
OTHER TIERS: 0.15% → $2.5k - $10k
0.11%	$10k	-	2 Month Certificate
0.04%	$10k	-	1 Month Certificate

Construction Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.83%	$100k	-	12 Month Jumbo IRA
0.77%^*	$10k^*	-	36 Month IRA
OTHER TIERS: 0.74% → $2.5k - $10k
0.75%^*	$10k^*	-	30 Month IRA
OTHER TIERS: 0.71% → $2.5k - $10k
0.73%^*	$10k^*	-	24 Month IRA
OTHER TIERS: 0.70% → $2.5k - $10k
0.67%^*	$10k^*	-	18 Month IRA
OTHER TIERS: 0.60% → $2.5k - $10k
0.43%^*	$10k^*	-	12 Month IRA
OTHER TIERS: 0.31% → $2.5k - $10k
0.23%^*	$10k^*	-	6 Month IRA
OTHER TIERS: 0.21% → $2.5k - $10k
0.17%^*	$10k^*	-	3 Month IRA
OTHER TIERS: 0.15% → $2.5k - $10k
0.11%	$10k	-	2 Month IRA
0.04%	$10k	-	1 Month IRA

Locations

Construction Federal Credit Union Locations
Branch Office	30400 Telegraph Rd Ste 122 Bingham Office Park	Bingham Farms, MI 48025

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