Community Choice Credit Union (MI) is headquartered in Farmington Hills and is the 12th largest credit union in the state of Michigan. It is also the 265th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 364 employees and 114,915 members at 24 locations. Community Choice Credit Union (MI) has a B+ health rating.
Community Choice Credit Union membership is open to anyone who resides, worships, or works in Michigan, or is an employee or retiree of General Motors, Kelly Services, Conrail, or AmTrack. Eligibility also extends to immediate family of current credit union members. (Membership requirements are listed in the credit union's online application)
See current membership details
Overall | |
---|---|
NCUA # | 64880 |
Year Chartered | 1935 |
Employees | 364 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.63% |
Return on Equity - YTD | 7.33% |
Annual Interest Income | $23.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $1.89B$1.84B |
Loans | Q1 2025vs Q1 2024 | $1.46B$1.35B |
Deposits | Q1 2025vs Q1 2024 | $1.58B$1.57B |
Equity Capital | Q1 2025vs Q1 2024 | $160.1MM$146MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $11MM$8.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $7.1MM$5.4MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $95K$0 |
Always verify rates and promotions with the bank or credit union. We are not Community Choice Credit Union (MI); 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.10%* | $5m* | - | Business Money Market | ||
OTHER TIERS: 0.25% → $10k - $50k | 2.00% → $50k - $100k | 2.25% → $100k - $250k | 2.50% → $250k - $5m |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.25% | $500 | - | 7 Month IRA Special | |
4.00% | $500 | - | 15 Month IRA Special | |
3.50% | $500 | - | 25 Month IRA Special | |
0.25% | $100 | - | 1 Year IRA | |
0.15% | $100 | - | 6 Month IRA | |
0.05% | $100 | - | Daily IRA |