Cornerstone Community Financial Credit Union

Overview / Commentary
2955 University Dr
Auburn Hills, MI 48326

Cornerstone Community Financial Credit Union is headquartered in Auburn Hills and is the 49th largest credit union in the state of Michigan. It is also the 828th largest credit union in the nation. It was established in 1951 and as of December of 2023, it had grown to 92 employees and 24,038 members at 7 locations. Cornerstone Community Financial Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Cornerstone Community Financial is open to individuals who live, work, worship, regularly do business in, or attend school anywhere in Michigan or the Ohio counties of Fulton, Henry, Lucas, Ottawa, Sandusky, or Wood. Immediate family member of current Cornerstone members are also eligible.
See current membership details

Reviews (3)

Great Choice For Local Credit Union.

Posted by: |

I've used this bank for a while now, back in the Mopar days.

Inside their branch (Auburn Hills at least), it's very well organized and calm for meeting with loan officers, getting things notarized, etc.

They almost always have good loan rates for auto, home. They usually have a good special on something like an 17 month CD, things like that.

Their app is good quality, comparable or beats all my other banking apps. A little slow to update when logging in sometimes. Messaging works great in it as they are quick to answer and can do things like change the type of checking account, open CD, have CD not autorenew with just a couple messages and maybe an email.

So many fees

I joined this bank several years ago. At first it was for a specific dollar amount deposit each week into the saving's. It earned some money so I decided to open a checking. That's when the fees really started to happen. Weekly the bank would have a computer error and I would have to call the bank to straiten it out. High fee's for transfers and the loan terms were not good either. Customer service had dropped and I was finally fed up when the bank had to refund me over 50 dollars in fees and a customer service representative had the nerve to call me crazy. I closed the account and actually saved money. The absolute best part is that my local branch was hit by a tornado when the bank was closed , Nobody was hurt and I am glad about it. It's about time mother nature took care of it .

No Access To My Account When I Am Away From Home.

Posted by: |

I have checking/savings accounts at Cornerstone, and now that they have changed their system whereas I cannot log into my account unless I on my home computer (because I do not have a cell phone number to provide to them). Contrary to popular belief, everyone does not have a cell phone. I have a land line and cannot receive texts to give me a code to log into my account when I am away from home and on a different computer. I am a member at a different credit union, and they have the option to use an email address to get a code when you are away from home. Cornerstone's practice is biased to me because I do not have a cell phone.


Health Grade Components

NCUA #68641
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD4.71%
Annual Interest Income$19.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$407.1MM$410.8MM
LoansQ4 2023vs Q4 2022$344.1MM$345.4MM
DepositsQ4 2023vs Q4 2022$313.8MM$328.4MM
Equity CapitalQ4 2023vs Q4 2022$47.8MM$47.9MM
Loan Loss AllowanceQ4 2023vs Q4 2022$3.3MM$1.4MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$2.7MM$2.1MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for Cornerstone Community Financial Credit Union are currently being reviewed.


Cornerstone Community Financial Credit Union Locations
Branch Office2955 University DrAuburn Hills, MI 48326
Branch Office7291 BerniceCenter Line, MI 48015
Branch Office28543 Oregon RdPerrysburg, OH 43551
Branch Office1785 Rochester RdTroy, MI 48083
Branch Office30606 Woodward AveRoyal Oak, MI 48073
Branch Office44911 Mound RdSterling Heights, MI 48314
Branch Office4400 Heatherdowns BlvdToledo, OH 43614-3147

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 [email protected] 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.