Sep, 30, 2025 — COMMUNITY CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in FARMINGTON HILLS, MI with 23 branch locations and about $1.98 billion in total assets. Opened 91 years ago in 1935, COMMUNITY CHOICE CREDIT UNION has about 115,548 members and employs 435 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY CHOICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 31155 Northwestern Hwy FARMINGTON HILLS, MI 48334-2502 |
| Phone: | (877) 243-2528 |
| Fax: | (248) 785-5110 |
| Website: | https://www.communitychoicecu.com |
| Branches: | 23 branch locations |
| Members: | 115,548 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64880 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,982,291,561 |
| CEO/Manager: | Robert Bava |
| Chairperson: | Brian Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 56,271,355 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 863,659,201 |
| Unsecured Loans | 101,760,083 |
| Other Loans | 597,113,628 |
| TOTAL LOANS | 1,563,163,632 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,807,381 |
| Land And Building | 38,918,690 |
| Other Fixed Assets | 5,290,108 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 13,835,054 |
| All Other Assets | 1,410,582 |
| TOTAL ASSETS | 1,982,291,561 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 129,895 |
| Notes & Interest Payable | 125,000,000 |
| Accounts Payable & Other Liabilities | 23,860,336 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 470,413,873 |
| Regular shares | 701,591,854 |
| All Other Shares & Deposits | 490,903,853 |
| TOTAL SHARES & DEPOSITS | 1,662,909,580 |
| TOTAL LIABILITIES | 1,811,899,811 |
| Regular Reserve | 0 |
| Other Reserves | 45,922,248 |
| Undivided Earnings | 124,469,502 |
| TOTAL EQUITY | 170,391,750 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,982,291,561 |
| INCOME & EXPENSE | |
| Loan Income | 69,984,924 |
| Investment Income | 4,850,360 |
| Other Income | 13,915,417 |
| Total Employee Compensation & Benefits | 33,987,994 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 34,865,787 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,508,144 |
| Cost of Funds | 17,555,899 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,511,136 |
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