Birmingham-bloomfield Credit Union

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A short history of Birmingham-bloomfield CU

Since its inception in 1931 the Birmingham-bloomfield Credit Union has been serving its members in the BIRMINGHAM, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Andrew Staley, the Birmingham-bloomfield CU has grown its membership to over 5,240 with assets of more than $67,544,800. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (248) 647-5958 or email them at info@bbcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BIRMINGHAM, MI.

General Information For Birmingham-bloomfield CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 61698
Address 576 E LINCOLN ST 
City BIRMINGHAM 
State Michigan 
Zip-Code 48009
Phone Number (248) 647-5958
Fax Number (248) 647-9072
Email Address: info@bbcu.org
CEO/President Andrew Staley
Members 5,240 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 67,544,800 
Website http://www.bbcu.org 

Compare Birmingham-bloomfield Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Our CU 12 Mile Road Office 5625 E 12 Mile Rd 48073 (249) 549-3838 No 2.21
T&i CU T & I Credit Union 2135 W Maple Rd 48084 (248) 435-2574 No 3.55
Alliance Catholic CU Admin 26913 Northwestern Hwy 48033 (248) 663-4006 No 3.74
Michigan First CU Breton Branch 1815 Breton Rd SE 49506 (616) 456-8848 No 4.20
Construction CU Main office 30400 Telegraph Rd Ste 122 48025 (248) 358-4140 No 4.27

Birmingham-bloomfield Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Birmingham-bloomfield Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.90 2.74 3.74 4.01 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 113 174 140 229
Rank Among All Michigan Credit Unions 22 27 40 33 49

Birmingham-bloomfield Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.15 0.25 0.15
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 124 310 276
Rank Among All Michigan Credit Unions N/A 19 28 71 61
Birmingham-bloomfield Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9009611,814,435
All Other Unsecured Loans/Lines of Credit 6.9901,0421,809,777
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7401132,914,941
Used Vehicle Loans 3.7403636,113,779
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.01010813,124,859
Total Other Real Estate Loans/Lines of Credit 5.0001273,764,509
Leases Receivable 3.74039214,372,582
Total All Other Loans/Lines of Credit 6.9902424,590,499
TOTAL LOANS & LEASES 3,34848,505,381

Birmingham-bloomfield Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 506,158,4012241,000
    b. 15 Years or less 323,392,7271118,500
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 263,573,73100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 672,718,91591,158,537
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 601,045,59400
Open-End Fixed Rate 0000
TOTALS 23516,889,368121,518,037

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Birmingham-bloomfield Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes