TRUE Community Credit Union is headquartered in Jackson and is the 34th largest credit union in the state of Michigan. It is also the 597th largest credit union in the nation. It was established in 1953 and as of September of 2020, it had grown to 167 employees and 57,338 members at 10 locations. TRUE Community Credit Union has an A health rating.
Field of Membership Restrictions
TRUE Community Credit Union is open to those who live, work, worship, or attend school in Michigan.
See current membership details
Related Posts
A Little Slow, But Otherwise Great
CP Federal Credit Union is a wonderful place to bank. Their branches are in convenient locations, the people who work there professional and courteous. The people who help you open accounts or take out loans, etc., and very informational and eager to help you find what suites your needs the best. They are not pushy, nor do they try to change your mind. The only thing that keeps me from giving them a "5" on the scale is that teller server is very slow. The reason for that is the system they use has many checks and balances to make sure they are correct in all transactions. That part of it is much slower than any other place we have banked with. However, all of the other positives outweigh a bit of a lengthier transaction time and we love our bank!
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68718 |
| Year Chartered | 1953 |
| Employees | 167 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 5.67% |
| Annual Interest Income | $15.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020 | $551.8MM |
| Loans | Q3 2020 | $368.8MM |
| Deposits | Q3 2020 | $491.0MM |
| Equity Capital | Q3 2020 | $56.3MM |
| Loan Loss Allowance | Q3 2020 | $3.0MM |
| Unbacked Noncurrent Loans | Q3 2020 | $1.9MM |
| Real Estate Owned | Q3 2020 | $246.00K |