Community First Credit Union is a federal credit union based in Lakeview, Michigan. It has been opened since 1985, for 37 years.
With around $62,020,000 in assets, Community First Credit Union is considered to be a large credit union. It has 4 branches and 3 ATM locations.
|Address|| 9637 North Greenville |
Lakeview, Michigan 48850
|CEO||Timothy G. Rasmussen|
|President of the Board||Marilyn Faling|
|Services Offered|| |
With 9,537 members, the Community First Credit Union is considered to be a large credit union. It is larger than 70% of credit unions.
Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.
The average fee per member gives you a general sense of how much you might pay in fees as a member of the Community First Credit Union. Some credit unions tend to charge more fees, while others charge less.
Community First Credit Union has 32 full-time staff members and 12 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 73% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Community First Credit Union has around 251 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.
A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength
The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.
Community First Credit Union holds a total of $57,760,000 in loans and leases, which is about $12,073 per member on average.
A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.
A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Community First Credit Union pays 0.05%.