Sep, 30, 2025 — COMMUNITY FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in PLYMOUTH, MI with 13 branch locations and about $1.48 billion in total assets. Opened 75 years ago in 1951, COMMUNITY FINANCIAL CREDIT UNION has about 83,545 members and employs 342 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 FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 500 S HARVEY ST PLYMOUTH, MI 48170-1759 |
| Phone: | (734) 453-1200 |
| Fax: | (734) 453-8913 |
| Website: | https://www.cfcu.org |
| Branches: | 13 branch locations |
| Members: | 83,545 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68631 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,482,056,487 |
| CEO/Manager: | Tansley Stearns |
| Chairperson: | Teresa Kuehn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 63,797,242 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 604,888 |
| Real Estate Loans | 866,592,712 |
| Unsecured Loans | 101,524,116 |
| Other Loans | 333,550,686 |
| TOTAL LOANS | 1,301,674,539 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,507,140 |
| Land And Building | 40,735,666 |
| Other Fixed Assets | 2,826,849 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,165,786 |
| All Other Assets | 1,657,746 |
| TOTAL ASSETS | 1,482,056,487 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,101 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,840,427 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 262,332,493 |
| Regular shares | 232,985,360 |
| All Other Shares & Deposits | 827,477,826 |
| TOTAL SHARES & DEPOSITS | 1,322,795,680 |
| TOTAL LIABILITIES | 1,328,676,487 |
| Regular Reserve | 0 |
| Other Reserves | 5,925,463 |
| Undivided Earnings | 147,454,537 |
| TOTAL EQUITY | 153,380,000 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,482,056,487 |
| INCOME & EXPENSE | |
| Loan Income | 61,669,519 |
| Investment Income | 2,680,073 |
| Other Income | 4,515,657 |
| Total Employee Compensation & Benefits | 27,766,134 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 23,325,142 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,090,168 |
| Cost of Funds | 21,373,901 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,163,264 |
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