Community Choice Credit Union

  • +1

A short history of Community Choice CU

Since its inception in 1935 the Community Choice Credit Union has been serving its members in the FARMINGTON HILL, 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 Robert Bava, the Community Choice CU has grown its membership to over 98,423 with assets of more than $1,058,168,557. They have a main office and 21 branch offices. Please see the credit unions website or contact them by phone at (877) 243-2528 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in FARMINGTON HILL, MI.

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

Charter Number 64880
State Michigan 
Zip-Code 48334
Phone Number (877) 243-2528
Fax Number (248) 785-5110
Email Address:
CEO/President Robert Bava
Members 98,423 
Full-Time Employees 279 
Part-Time Employees 28 
Number of Branch Offices 21 
Total Assets 1,058,168,557 

Compare Community Choice Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Chiropractic CU Chiropractic Federal Credit Union 172 E State St Ste 502 43215 (248) 478-4020 No 3.23
Construction CU Main office 30400 Telegraph Rd Ste 122 48025 (248) 358-4140 No 3.27
Loc CU Farmington 22981 Farmington Rd 48336 (248) 474-2200 No 3.54
People Driven CU Eastside Branch 30800 Van Dyke Ave Ste 101 48093 (248) 263-4220 No 5.28
Michigan First CU Breton Branch 1815 Breton Rd SE 49506 (616) 456-8848 No 5.66

Community Choice Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Community Choice 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 8.99 3.09 1.99 3.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 155 21 44 132
Rank Among All Michigan Credit Unions 25 43 5 2 23

Community Choice 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 0.30 0.10
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 143 124 302 283
Rank Among All Michigan Credit Unions N/A 19 28 70 62
Community Choice Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.99019,27749,132,637
All Other Unsecured Loans/Lines of Credit 13.4908,65815,605,091
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.00015467,039
New Vehicle Loans 3.0903,08659,835,232
Used Vehicle Loans 1.99018,575210,377,337
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.2501,967247,292,686
Total Other Real Estate Loans/Lines of Credit 4.2502,37161,312,987
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.9906,654145,091,258
TOTAL LOANS & LEASES 60,603789,114,267

Community Choice Credit Union Real Estate Loans and Lines of Credit


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 67873,155,233102,544,887
    b. 15 Years or less 70861,745,864162,851,495
    a. > 15 years 19930,256,899101,811,224
    b. 15 Years or less 34876,516,832247,877,154
Other Fixed Rate 62,132,8822739,960
Adjustable Rate 1 yr or less 15955,57100
Adjustable Rate > 1 yr 132,529,405587,489


Closed-End Fixed Rate 1,29638,036,5821264,756,924
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,07122,053,5243915,339,826
Open-End Fixed Rate 41,222,8811390,000
TOTALS 4,338308,605,67358526,398,959


Interest Only & Payment Option 1st Mortgage Loans 173,387,906106,256
Interest Only & Payment Option Other RE/LOC Loans 2124,318,621599,410
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Community Choice Credit Union Member Offerings
First Time Homebuyer Program No
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 Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes