31155 Northwestern Hwy
Farmington Hill, MI 48334
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 1.05% →
1-Year CD 0.50% 1.05% →
2-Year CD 0.60% 1.11% →
5-Year CD 1.15% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Community Choice is an NCUA insured institution located in Farmington Hill, MI. It was founded in 1935 and has approximately $1215.87 millions in assets.

Who can join?

Membership is available to anyone who lives, works, or worships in the following counties: Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw, or Wayne, and employees of Kelly Services, Inc. or select divisions of GM. Immediate family members of any of these groups are also eligible to join.

If you become a member of the Detroit Historical Museum you are also automatically eligible to become a member at Community Choice Credit Union.

NCUA Insured Yes
Charter Number # # 64880
Date Established 1935
Assets $1,215.87 million
Loans $953.91 million
Deposits $1,050.53 million
Capital $121.51 million

Field of Membership Restrictions

Membership in Community Choice CU (MI) is open to anyone through joining the Detroit Historical Museum. Membership is also open to those who live or work in Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair, Washtenaw, Wayne, Allegan, Kent, Monroe, Ottawa Counties in Michigan and to employees of select divisions of GM and employees of Kelly Services.

Deposit Rates - August 7, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.01% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 7, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for COMMUNITY CHOICE

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
Learn More
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 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
2.990 %
$0 Learn More
More Info

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


Below are Community Choice 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:

Community Choice Locations

Financial Details

Community Choice Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Choice. 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
Community Choice U.S. Average
7.86% 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, Community Choice had $9,058,803 in non-current loans and $871,029 in owned assets. To cover these potential losses it had $121,507,880 in net worth and $4,799,300 in loans loss reserves. That gives it a Texas Ratio of 7.86%.

Net Worth
Community Choice U.S. Average
9.99% 13.61%

Community Choice FCU has a net worth of 9.99% 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 Community Choice

Branches and Savings

What is Community Choice?

A federal credit union, registered with the NCUA under certificate #64880.
Learn more about credit unions here.

Is Community Choice 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 Community Choice?

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

What are Community Choice's share account and share certificate rates?

Community Choice'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 Community Choice?

Community Choice has total capital of $121.51 million. Full information on Community Choice's financial position is located above.

Who owns Community Choice?

Credit Unions are owned by their members.

Where are Community Choice branches located?

See branch locations nearby.

Are Community Choice ATMs Open 24/7?

Do Community Choice ATMs accept cash deposits?

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

Does Community Choice have a mobile app?

Does Community Choice have mobile deposit?

Does Community Choice have quick pay?

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

Does Community Choice report to credit bureaus?

Does Community Choice use Chexsystems?

Does Community Choice use Equifax?

What is Community Choice's toll free phone number?

What is Community Choice's ACH Routing Number?

What is Community Choice's SWIFT code?

Where can I find Community Choice's wire transfer form?

What is the Community Choice address for deposits?

What Products Does Community Choice Offer

Does Community Choice offer mortgages?

Compare mortgage rates here.

Does Community Choice offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Choice offer auto and RV loans?

Compare auto loan rates here.

Does Community Choice offer student loans or personal loans?

Compare personal loan rates here.

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