CORNERSTONE COMMUNITY FINANCIAL

2955 University Drive
Auburn Hills, MI 48326

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 7280
Date Established 1951
Assets $196.81 million
Loans $164.37 million
Deposits $171.99 million
Capital $22.30 million

Cornerstone Community Financial is an NCUA insured institution located in Auburn Hills, MI. It was founded in 1951 and has approximately $196.81 millions in assets.

Who can join?

You are eligible to become a member of Cornerstone Community Financial if you live, work, worship, volunteer, regularly conduct business, or regularly attend school in any of the following cities, townships, or villages:
• Oakland County, Michigan:
• All cities within Oakland County
• Macomb County, Michigan: Center Line, Areas of Warren, Areas of Sterling Heights
• Lucas Count and Wood County, Ohio: Northwood Township, Perrysburg, Rossford, Toledo, Wallbridge Township
• Also, immediate family and persons living in the same household as anyone who meets the above mentioned criteria are also eligible for membership.

Field of Membership Restrictions

Cornerstone Community Financial CU of Michigan is open to anyone that does regular business in, business owners, residents, people maintaining employment, church members, and registered students in these Michigan Communities; Genesee, Jackson, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, St Clair, Washtenaw, and Wayne. Membership eligibility also extends to include the family members of CU members.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

We do not yet have rates for Cornerstone Community Financial

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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There are currently no rates available for Cornerstone Community Financial, but see these great savings and CD rates:

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Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CORNERSTONE COMMUNITY FINANCIAL

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.522% 3.500% 0.25 $675 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

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



Branches

Below are Cornerstone Community Financial 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:
Ashburn,Virginia


Cornerstone Community Financial Locations


Financial Details

Cornerstone Community Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cornerstone Community Financial. 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
Cornerstone Community Financial U.S. Average
13.15% 6.77

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 31, 2019, Cornerstone Community Financial had $2,717,457 in non-current loans and $573,640 in owned assets. To cover these potential losses it had $22,304,748 in net worth and $2,725,730 in loans loss reserves. That gives it a Texas Ratio of 13.15%.

Net Worth
Cornerstone Community Financial U.S. Average
11.33% 13.47%

Cornerstone Community Financial FCU has a net worth of 11.33% versus the BestCashCow average of 13.47. 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 Cornerstone Community Financial

Branches and Savings

What is Cornerstone Community Financial?

A federal credit union, registered with the NCUA under certificate #7280.
Learn more about credit unions here.

Is Cornerstone Community Financial 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 Cornerstone Community Financial?

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

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

Cornerstone Community Financial'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 Cornerstone Community Financial?

Cornerstone Community Financial has total capital of $22.30 million. Full information on Cornerstone Community Financial's financial position is located above.

Who owns Cornerstone Community Financial?

Credit Unions are owned by their members.

Where are Cornerstone Community Financial branches located?

See branch locations nearby.

Are Cornerstone Community Financial ATMs Open 24/7?

Do Cornerstone Community Financial ATMs accept cash deposits?

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

Does Cornerstone Community Financial have a mobile app?

Does Cornerstone Community Financial have mobile deposit?

Does Cornerstone Community Financial have quick pay?

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

Does Cornerstone Community Financial report to credit bureaus?

Does Cornerstone Community Financial use Chexsystems?

Does Cornerstone Community Financial use Equifax?

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

What is Cornerstone Community Financial's ACH Routing Number?

What is Cornerstone Community Financial's SWIFT code?

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

What is the Cornerstone Community Financial address for deposits?

What Products Does Cornerstone Community Financial Offer

Does Cornerstone Community Financial offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Cornerstone Community Financial offer auto and RV loans?

Compare auto loan rates here.

Does Cornerstone Community Financial offer student loans or personal loans?

Compare personal loan rates here.

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