Cornerstone Community Financial Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.02% | Reward Checking | 1.73% - National Average |
| 2.01% | 5-year CD | 2.27% - National Average |
| 0.80% | 1-year CD | 1.37% - National Average |
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 839th largest credit union in the nation. It was established in 1951 and as of December of 2018, it had grown to 69 employees and 23,335 members at 6 locations. Cornerstone Community Financial Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Cornerstone Community Financial CU of Michigan is open to anyone that does regular business in, business owners, residents, people maintaining employment, church members, and registered students in these Michigan Communities; Genesee, Jackson, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, St Clair, Washtenaw, and Wayne. Membership eligibility also extends to include the family members of CU members.
See current membership details
Related Posts
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.
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68641 |
| Year Chartered | 1951 |
| Employees | 69 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 5.56% |
| Annual Interest Income | $10.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $285.2MM$270.7MM |
| Loans | Q4 2018vs Q4 2017 | $249.7MM$239.8MM |
| Deposits | Q4 2018vs Q4 2017 | $230.1MM$224.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $36.7MM$34.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.3MM$1.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $1.4MM$1.7MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $116.00K$106.00K |
Always verify rates and promotions with the bank or credit union. We are not Cornerstone Community Financial 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.
Cornerstone Community Financial Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $50 | - | IRA Share Account | |
| 0.10% | $10 | - | Savings Account | |
| 0.10% | - | - | Rainy Day Account | |
| 0.10% | - | - | Holiday Share Account |
Cornerstone Community Financial Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $500k* | - | Money Market | ||
| OTHER TIERS: 0.10% → $50 - $7.5k | 0.15% → $7.5k - $12.5k | 0.20% → $12.5k - $25k | 0.35% → $25k - $40k | 0.40% → $40k - $100k | 0.45% → $100k - $250k | 0.55% → $250k - $500k | |||||
Cornerstone Community Financial Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.02% | - | $15k | Choice Cash (Rewards Checking) | ||
| 2.02%* | - | $15k | CORE Rewards Checking | ||
| OTHER TIERS: 0.27% → $15k+ | |||||
Cornerstone Community Financial Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.89% | $500 | $250k | 17 Month Share Certificate Special | |
| 2.21% | $50k | - | 60 Month Jumbo Certificate | |
| 2.01% | $1k | - | 60 Month Share Certificate | |
| 1.96% | $50k | - | 48 Month Jumbo Certificate | |
| 1.76% | $1k | - | 48 Month Share Certificate | |
| 1.71% | $50k | - | 36 Month Jumbo Certificate | |
| 1.50% | $1k | - | 36 Month Share Certificate | |
| 1.30% | $50k | - | 24 Month Jumbo Certificate | |
| 1.25% | $1k | - | 24 Month Step- Up Certificate - 4th 6 Months | |
| 1.20% | $50k | - | 18 Month Jumbo Certificate | |
| 1.10% | $1k | - | 24 Month Share Certificate | |
| 1.00% | $1k | - | 18 Month Share Certificate | |
| 1.00% | $50k | - | 12 Month Jumbo Certificate | |
| 1.00% | $1k | - | 24 Month Step- Up Certificate - 3rd 6 Months | |
| 0.80% | $1k | - | 12 Month Share Certificate | |
| 0.75% | $1k | - | 24 Month Step- Up Certificate - 2nd 6 Months | |
| 0.60% | $250 | - | 12 Month Youth Share Certificate | |
| 0.50% | $1k | - | 24 Month Step- Up Certificate - 1st 6 Months | |
| 0.30% | $1k | - | 6 Month Share Certificate | |
| 0.30% | $250 | - | 6 Month Youth Share Certificate |
Cornerstone Community Financial Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.21% | $50k | - | 60 Month Jumbo IRA | |
| 2.01% | $500 | - | 60 Month IRA | |
| 1.96% | $50k | - | 48 Month Jumbo IRA | |
| 1.76% | $500 | - | 48 Month IRA | |
| 1.71% | $50k | - | 36 Month Jumbo IRA | |
| 1.50% | $500 | - | 36 Month IRA | |
| 1.30% | $50k | - | 24 Month Jumbo IRA | |
| 1.20% | $50k | - | 18 Month Jumbo IRA | |
| 1.10% | $500 | - | 24 Month IRA | |
| 1.00% | $500 | - | 18 Month IRA | |
| 1.00% | $50k | - | 12 Month Jumbo IRA | |
| 0.80% | $500 | - | 12 Month IRA |
| Cornerstone Community Financial Credit Union Locations | ||
|---|---|---|
| Branch Office | 2955 University Dr | Auburn Hills, MI 48326 |
| Branch Office | 7291 Bernice | Center Line, MI 48015 |
| Branch Office | 1785 Rochester Rd | Troy, MI 48083 |
| Branch Office | 3001 W Big Beaver Rd Ste 108 | Troy, MI 48084 |
| Branch Office | 30606 Woodward Ave | Royal Oak, MI 48073 |
| Branch Office | 28543 Oregon Rd | Perrysburg, OH 43551 |