Construction Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
0.43%	1-year CD	2.50% - Synchrony Bank 12 Month CD
0.10%	Savings	1.90% - American Express National Bank High Yield Savings Account
0.75%	3-year CD	2.85% - Synchrony Bank 36 Month CD

View all Construction Federal Credit Union rates »

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 184^th largest credit union in the state of Michigan. It is also the 3,293^rd largest credit union in the nation. It was established in 1974 and as of June of 2018, it had grown to 4 employees and 1,637 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.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q2 2018

Learn why bank health matters

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	$292.00K

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$21.7MM$20.8MM
Loans	Q2 2018vs Q2 2017	$7.9MM$8.6MM
Deposits	Q2 2018vs Q2 2017	$18.4MM$17.5MM
Equity Capital	Q2 2018vs Q2 2017	$3.2MM$3.3MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$162.00K$97.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$180.00K$35.00K
Real Estate Owned	Q2 2018vs Q2 2017	$0$0

Rates

Skip to rates for:

Savings
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Construction Federal Credit Union; 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.

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
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

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 feedback@depositaccounts.com 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.