COMMUNITY FINANCIAL MEMBERS

Headquarters

PO BOX 8050
Plymouth, MI 48170
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Community Financial Members is an NCUA insured institution located in Plymouth, MI. It was founded in 1951 and has approximately $502.41 millions in assets.

Who can join?

Member ship includes anyone who lives, works, worships or attends school in any of the following 23 counties: Alcona, Alpena, Antrim, Charlevoix, Cheboygan, Crawford, Emmet, Genesee, Ingham, Jackson, Kalkaska, Lapeer, Lenawee, Livingston, Macomb, Monroe, Montmorency, Oakland, Oscoda, Otsego, Presque Isle, Washtenaw, and Wayne.

Membership is also available for businesses and other legal entities, or if you regularly conduct business, in these counties. Immediate family members such as a spouse, parent, child, sibling or grandparent, of someone who lives in our eligible communities are also eligible to join. Finally, anyone currently living in the same household with a member of Community Financial can also join.

NCUA Insured Yes
Charter Number # # 7275
Date Established 1951
Assets $502.41 million
Loans $470.61 million
Deposits $428.70 million
Capital $60.42 million
 

Field of Membership Restrictions

Membership in Community Financial Credit Union is open to those who lives, works, worships or attends school in any of the following 23 counties: Alcona, Alpena, Antrim, Charlevoix, Cheboygan, Crawford, Emmet, Genesee, Ingham, Jackson, Kalkaska, Lapeer, Lenawee, Livingston, Macomb, Monroe, Montmorency, Oakland, Oscoda, Otsego, Presque Isle, Washtenaw, and Wayne. Membership is also available for businesses and other legal entities, or if you regularly conduct business, in these counties. Immediate family members such as a spouse, parent, child, sibling or grandparent, of someone who lives in our eligible communities are also eligible to join. Finally, anyone currently living in the same household with a member of Community Financial can also join.

Deposit Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Community Financial Members

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 Community Financial Members
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Advertiser Disclosure

Loan Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for COMMUNITY FINANCIAL MEMBERS

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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.556% 2.500% 0.75 $1,852 $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 COMMUNITY FINANCIAL MEMBERS
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Community Financial Members 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


Community Financial Members Locations


Financial Details

Community Financial Members Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Financial Members. 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 Financial Members U.S. Average
15.69% 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 Financial Members had $8,761,994 in non-current loans and $1,383,105 in owned assets. To cover these potential losses it had $60,421,632 in net worth and $4,257,123 in loans loss reserves. That gives it a Texas Ratio of 15.69%.

Net Worth
Community Financial Members U.S. Average
12.02% 13.61%

Community Financial Members FCU has a net worth of 12.02% 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 Financial Members

Branches and Savings

What is Community Financial Members?

A federal credit union, registered with the NCUA under certificate #7275.
Learn more about credit unions here.

Is Community Financial Members 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 Financial Members?

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

What are Community Financial Members's share account and share certificate rates?

Community Financial Members'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 Financial Members?

Community Financial Members has total capital of $60.42 million. Full information on Community Financial Members's financial position is located above.

Who owns Community Financial Members?

Credit Unions are owned by their members.

Where are Community Financial Members branches located?

See branch locations nearby.

Are Community Financial Members ATMs Open 24/7?

Do Community Financial Members ATMs accept cash deposits?

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

Does Community Financial Members have a mobile app?

Does Community Financial Members have mobile deposit?

Does Community Financial Members have quick pay?

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

Does Community Financial Members report to credit bureaus?

Does Community Financial Members use Chexsystems?

Does Community Financial Members use Equifax?

What is Community Financial Members's toll free phone number?

What is Community Financial Members's ACH Routing Number?

What is Community Financial Members's SWIFT code?

Where can I find Community Financial Members's wire transfer form?

What is the Community Financial Members address for deposits?

What Products Does Community Financial Members Offer

Does Community Financial Members offer mortgages?

Compare mortgage rates here.

Does Community Financial Members offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Financial Members offer auto and RV loans?

Compare auto loan rates here.

Does Community Financial Members offer student loans or personal loans?

Compare personal loan rates here.

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