TRUE Community Credit Union is headquartered in Jackson and is the 34th largest credit union in the state of Michigan. It is also the 556th largest credit union in the nation. It was established in 1953 and as of December of 2021, it had grown to 186 employees and 63,264 members at 12 locations. TRUE Community Credit Union has an A health rating.
TRUE Community Credit Union is open to those who live, work, worship, or attend school in Michigan.
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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!
Overall | |
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NCUA # | 68718 |
Year Chartered | 1953 |
Employees | 186 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.6% |
Return on Equity - YTD | 6.3% |
Annual Interest Income | $20.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $691.0MM$575.0MM |
Loans | Q4 2021vs Q4 2020 | $428.8MM$371.9MM |
Deposits | Q4 2021vs Q4 2020 | $619.2MM$514.0MM |
Equity Capital | Q4 2021vs Q4 2020 | $65.9MM$56.6MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $2.2MM$2.7MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.3MM$2.6MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $224.00K$273.00K |
Always verify rates and promotions with the bank or credit union. We are not TRUE Community 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.20%* | $50k* | - | Super Cash Money Market | ||
OTHER TIERS: 0.10% → $5k - $20k | 0.15% → $20k - $50k |