FreeStar Financial Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.00% | Reward Checking | Boomerang Rewards Checking 1.92% - National Average |
| 2.25% | 5-year CD | 5 Year CD 2.50% - Ally Bank High Yield 5 Year CD |
| 0.40% | 1-year CD | Save to Win |
FreeStar Financial Credit Union is headquartered in Clinton Township and is the 54th largest credit union in the state of Michigan. It is also the 1,016th largest credit union in the nation. It was established in 1957 and as of December of 2017, it had grown to 56 employees and 19,738 members at 4 locations. FreeStar Financial Credit Union's money market rates are 70% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
FreeStar Financial Credit Union offers membership to the residents of the following Michigan counties: Genesee, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne. In addition, all military members who live anywhere in Michigan are eligible to join.
See current membership details
A credit union is better than pre paid debit cards!!
I choose my credit union because of frustrations from prepaid debit card fees. At CMCCU their are no monthly maintenance fees to eat up your balances and it is nice to have a savings option too. My credit union has convenient deposit options and you can take your balance down to 0 with no penalty. I appreciate the simplicity of the website access of CMCCU very helpful.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60406 |
| Year Chartered | 1957 |
| Employees | 56 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 7.56% |
| Annual Interest Income | $8.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $207.9MM$192.6MM |
| Loans | Q4 2017vs Q4 2016 | $174.4MM$150.0MM |
| Deposits | Q4 2017vs Q4 2016 | $183.3MM$170.7MM |
| Equity Capital | Q4 2017vs Q4 2016 | $21.4MM$19.8MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $1.7MM$1.3MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $3.5MM$1.7MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $148.00K$192.00K |
Always verify rates and promotions with the bank or credit union. We are not FreeStar 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.
FreeStar Financial Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $250 | - | IRA Savings Account | |
| 0.50% | - | - | IRA Rollover Account | |
| 0.20% | - | - | Regular Share Savings Account | |
| 0.20% | - | - | Special Savings Account | |
| 0.20% | - | - | Christmas Club Account | |
| 0.20% | - | - | Vacation Club Account |
FreeStar Financial Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75% | $75k | - | Money Management Account - Diamond Anniversary Special | ||
| 0.35%* | $150k* | - | Money Management Accounts | ||
| OTHER TIERS: 0.10% → $1k - $2,500 | 0.20% → $2,500 - $5k | 0.25% → $5k - $25k | 0.30% → $25k - $150k | |||||
FreeStar Financial Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $10k | Boomerang Rewards Checking | ||
| OTHER TIERS: 0.05% → $10k+ | |||||
FreeStar Financial Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $5k | - | 5 Year Bump CD | |
| 2.25% | $500 | - | 5 Year CD | |
| 2.00% | $500 | - | 4 Year CD | |
| 2.00% | $500 | - | 22 Month CD Special | |
| 2.00% | $5k | - | 3 Year Bump CD | |
| 1.85% | $500 | - | 3 Year CD | |
| 1.80% | $500 | - | 18 Month CD Special (New Money Only) | |
| 1.75% | $500 | - | 2 Year CD | |
| 1.30% | $500 | - | 12 Month CD Special (New Money Only) | |
| 1.10% | $500 | - | 1 Year CD | |
| 0.50% | $500 | - | 6 Month CD | |
| 0.40% | $100 | - | 1 Year Youth CD | |
| 0.40% | $25 | - | Save to Win |
FreeStar Financial Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.50% | $500 | - | 5 Year IRA | |
| 2.35% | $5k | - | 5 Year Bump IRA | |
| 2.00% | $500 | - | 4 Year IRA | |
| 2.00% | $500 | - | 22 Month IRA Special | |
| 2.00% | $5k | - | 3 Year Bump IRA | |
| 1.85% | $500 | - | 3 Year IRA | |
| 1.80% | $500 | - | 18 Month IRA Special (New Money Only) | |
| 1.75% | $500 | - | 2 Year IRA | |
| 1.30% | $500 | - | 12 Month IRA Special (New Money Only) | |
| 1.10% | $500 | - | 1 Year IRA | |
| 0.50% | $500 | - | 6 Month IRA | |
| 0.40% | $25 | - | 1 Year Youth IRA |
| FreeStar Financial Credit Union Locations | ||
|---|---|---|
| Branch Office | 37570 S Gratiot Ave | Clinton Township, MI 48036 |
| Branch Office | 44200 N Jefferson Ave # 715 | Selfridge ANGB, MI 48045-5263 |
| Branch Office | 34642 Van Dyke Ave | Sterling Heights, MI 48312 |
| Branch Office | 47011 Sugarbush Rd | Chesterfield, MI 48047 |