Sep, 30, 2025 — CP FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in JACKSON, MI with 15 branch locations and about $910.37 million in total assets. Opened 73 years ago in 1953, CP FINANCIAL CREDIT UNION has about 82,805 members and employs 214 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CP FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1100 Clinton Rd JACKSON, MI 49202-2060 |
| Phone: | (517) 784-7101 |
| Fax: | (517) 784-6677 |
| Website: | https://www.trueccu.com |
| Branches: | 15 branch locations |
| Members: | 82,805 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68718 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $910,371,410 |
| CEO/Manager: | Chrissy Siders |
| Chairperson: | Josh Burgett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 67,493,261 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 341,002,258 |
| Unsecured Loans | 113,964,090 |
| Other Loans | 242,298,694 |
| TOTAL LOANS | 697,265,042 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,049,665 |
| Land And Building | 11,758,732 |
| Other Fixed Assets | 6,657,682 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,489,384 |
| All Other Assets | 72,302 |
| TOTAL ASSETS | 910,371,410 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 20,000,000 |
| Accounts Payable & Other Liabilities | 9,627,751 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 205,639,932 |
| Regular shares | 312,025,152 |
| All Other Shares & Deposits | 263,067,951 |
| TOTAL SHARES & DEPOSITS | 780,733,035 |
| TOTAL LIABILITIES | 810,360,786 |
| Regular Reserve | 0 |
| Other Reserves | 16,298,877 |
| Undivided Earnings | 83,711,747 |
| TOTAL EQUITY | 100,010,624 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 910,371,410 |
| INCOME & EXPENSE | |
| Loan Income | 36,021,437 |
| Investment Income | 4,584,862 |
| Other Income | 7,162,230 |
| Total Employee Compensation & Benefits | 18,212,001 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 18,497,047 |
| Non-operating Income & (Expense) | -176,804 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,155,802 |
| Cost of Funds | 5,897,219 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,564,621 |
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