Cornerstone Community Financial Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.02% | Reward Checking | Choice Cash 1.75% - National Average |
| 1.76% | 5-year CD | 60 Month Share Certificate 1.85% - Synchrony Bank 60 Month CD |
| 0.60% | 1-year CD | 12 Month Share Certificate 1.05% - Ally Bank High Yield 12-Month CD |
Cornerstone Community Financial Credit Union is headquartered in Auburn Hills and is the 48th largest credit union in the state of Michigan. It is also the 808th largest credit union in the nation. It was established in 1951 and as of June of 2016, it had grown to 63 employees and 27,219 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 .
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68641 |
| Year Chartered | 1951 |
| Employees | 63 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 5.58% |
| Annual Interest Income | $5.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $267.0MM$246.4MM |
| Loans | Q2 2016vs Q2 2015 | $234.1MM$214.5MM |
| Deposits | Q2 2016vs Q2 2015 | $221.0MM$211.6MM |
| Equity Capital | Q2 2016vs Q2 2015 | $32.3MM$30.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $2.3MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $2.3MM$1.7MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $221.00K$380.00K |
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 |
|---|---|---|---|---|
| 0.24% | $50 | - | IRA Share Account | |
| 0.24% | $50 | - | Roth IRA Share Account | |
| 0.24% | $50 | - | Coverdell ESA | |
| 0.10% | $50 | - | Savings Account | |
| 0.10% | $50 | - | Rainy Day Account | |
| 0.10% | $50 | - | 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% → $2,500 - $7,500 | 0.15% → $7,500 - $12,500 | 0.20% → $12,500 - $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 | ||
| OTHER TIERS: 0.27% → $15k+ | |||||
Cornerstone Community Financial Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.97% | $50k | - | 60 Month Jumbo Certificate | |
| 1.76% | $1k | - | 60 Month Share Certificate | |
| 1.71% | $50k | - | 48 Month Jumbo Certificate | |
| 1.51% | $1k | - | 48 Month Share Certificate | |
| 1.46% | $50k | - | 36 Month Jumbo Certificate | |
| 1.31% | $50k | - | 24 Month Jumbo Certificate | |
| 1.26% | $1k | - | 36 Month Share Certificate | |
| 1.25% | $1k | - | 24 Month Step- Up Certificate - 4th 6 Months | |
| 1.13% | $50k | - | 18 Month Jumbo Certificate | |
| 1.11% | $1k | - | 24 Month Share Certificate | |
| 1.00% | $1k | - | 24 Month Step- Up Certificate - 3rd 6 Months | |
| 0.90% | $1k | - | 18 Month Share Certificate | |
| 0.75% | $50k | - | 12 Month Jumbo Certificate | |
| 0.75% | $1k | - | 24 Month Step- Up Certificate - 2nd 6 Months | |
| 0.60% | $1k | - | 12 Month Share Certificate | |
| 0.51% | $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 |
|---|---|---|---|---|
| 1.76% | $500 | - | 60 Month IRA Certificate | |
| 1.51% | $500 | - | 48 Month IRA Certificate | |
| 1.26% | $500 | - | 36 Month IRA Certificate | |
| 1.11% | $500 | - | 24 Month IRA Certificate | |
| 0.90% | $500 | - | 18 Month IRA Certificate | |
| 0.75% | $50k | - | 12 Month Jumbo IRA Certificate | |
| 0.60% | $500 | - | 12 Month IRA Certificate |
| 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 | 28310 Oregon Rd Ste C | Perrysburg, OH 43551 |