CENTRAL MICHIGAN COMMUNITY

Headquarters

Box 207
Clare, MI 48617
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Central Michigan Community is an NCUA insured institution located in Clare, MI. It was founded in 1948 and has approximately $116.73 millions in assets.

Acquired by or merged with Members First CU (MI).

NCUA Insured Yes
Charter Number # # 5743
Date Established 1948
Assets $116.73 million
Loans $68.07 million
Deposits $104.53 million
Capital $11.89 million
 

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Clare, Midland, Gladwin, Gratiot, Isabella, Bay, Osceola, and Saginaw Counties in Michigan. Membership is also open to students and employees of Midland County schools and the Midland City Education Association and Delta College who live or work in Midland County.

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Central Michigan Community

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Note to Central Michigan Community
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Advertiser Disclosure

Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CENTRAL MICHIGAN COMMUNITY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.574% 2.500% 1.00 $2,445 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to CENTRAL MICHIGAN COMMUNITY
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Central Michigan Community branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Central Michigan Community Locations


Financial Details

Central Michigan Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central Michigan Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Central Michigan Community U.S. Average
4.17% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Central Michigan Community had $444,404 in non-current loans and $66,968 in owned assets. To cover these potential losses it had $11,887,919 in net worth and $368,322 in loans loss reserves. That gives it a Texas Ratio of 4.17%.

Net Worth
Central Michigan Community U.S. Average
10.18% 13.61%

Central Michigan Community FCU has a net worth of 10.18% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Central Michigan Community

Branches and Savings

What is Central Michigan Community?

A federal credit union, registered with the NCUA under certificate #5743.
Learn more about credit unions here.

Is Central Michigan Community FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Central Michigan Community?

Please see Field of Membership information above for information on who is eligible to join.

What are Central Michigan Community's share account and share certificate rates?

Central Michigan Community's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Central Michigan Community?

Central Michigan Community has total capital of $11.89 million. Full information on Central Michigan Community's financial position is located above.

Who owns Central Michigan Community?

Credit Unions are owned by their members.

Where are Central Michigan Community branches located?

See branch locations nearby.

Are Central Michigan Community ATMs Open 24/7?

Do Central Michigan Community ATMs accept cash deposits?

Can Central Michigan Community customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Central Michigan Community have a mobile app?

Does Central Michigan Community have mobile deposit?

Does Central Michigan Community have quick pay?

How can Central Michigan Community transfer money to other banks or credit unions?

Does Central Michigan Community report to credit bureaus?

Does Central Michigan Community use Chexsystems?

Does Central Michigan Community use Equifax?

What is Central Michigan Community's toll free phone number?

What is Central Michigan Community's ACH Routing Number?

What is Central Michigan Community's SWIFT code?

Where can I find Central Michigan Community's wire transfer form?

What is the Central Michigan Community address for deposits?

What Products Does Central Michigan Community Offer

Does Central Michigan Community offer mortgages?

Compare mortgage rates here.

Does Central Michigan Community offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Central Michigan Community offer auto and RV loans?

Compare auto loan rates here.

Does Central Michigan Community offer student loans or personal loans?

Compare personal loan rates here.

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